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Tag Archives: bank of china

3 Banken-Aktien für weniger als 1 Franken!

Ob es sinnvoll ist, in Banken-Aktien zu investieren, sei mal dahingestellt. Hier sind 3 Banken-Aktien, welche allesamt weniger als einen Franken kosten. Wer also so circa 7 Franken hat, kann sich locker 10 Aktien kaufen. Oder aber auch 10 XRP, Ripples Kryptowährung. In jedem Fall bietet Bitpanda alles an, genau diese Aktien und eben auch Ripples XRP. Zum investieren braucht man lediglich einen verifizierten Account. Spoiler: Alle Banken sind aus...

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China’s Central Huijin Investment Bolsters Stake in Top 4 Banks to Stabilize Stock Market amid Economic Challenges

This strategic investment, totaling around $65 million, translates to approximately 0.01 percentage point in each bank. The impact on the market was immediate and substantial, with shares of these major banks soaring between 2.43% and 4.73% in the early hours of Thursday. China’s sovereign wealth fund, Central Huijin Investment Ltd, has taken a significant step to bolster the country’s struggling stock market. In a move similar to its 2015 intervention, Huijin has increased its stake in...

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Hong Kong Mounts Pressure on HSBC and Standard Chartered Bank to Service Crypto Customers 

The new development aligns with the country’s ambition to become a prominent global hub for crypto. In a bold move aimed at embracing the crypto revolution in Hong Kong, the country’s banking regulator has reportedly exerted significant pressure on major financial services companies, including HSBC and Standard Chartered Bank, to accept crypto exchanges as clients. According to a Financial Times report on Thursday citing three people familiar with the matter, the Hong Kong Monetary...

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Bank of China Disqualifies Claims that Bitcoin Can Be Safe Haven

The Bank of China went to the WeChat platform to highlight its concerns about Bitcoin. In a long post titled “3.15 protection of financial consumption rights and interest”, the bank warns the public on the risks of investing in Bitcoin.In a series of posts on WeChat, the Bank of China vehemently disqualified claims that Bitcoin can be classified as a safe haven, due to its high volatility especially in this period of coronavirus outbreak. The post which was titled, ‘3.15 protection of...

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Bitcoin Making Headlines in Chinese State Newspaper Xinhua

In the People’s Republic of China, there is a newspaper that everyone knows and respects – Xinhua. Founded on 7 November 1931 with headquarters in Beijing, nowadays – it serves as the central spot for press-conferences and information exchanges between the big officials and the society. “Bitcoin: the first Successful Application of Blockchain Technology” – such a message, millions of Chinese people are looking at today. Matthew Graham of Sino Global Capital was the one who set the alert on...

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China Reveals over 500 Projects as It Goes Supernova in Blockchain Technology

Following Chinese President Xi Jinping’s call for his Country to “Seize the opportunity” offered by blockchain technology and the crypto space, it has been revealed by sources that the Chinese have been quietly working on over 500 blockchain projects in so many different fields with as many use-case scenarios which can be deployed practically in every sense.Sources indicate that the Cyberspace Administration of China has been in charge of the filings for blockchain technology projects before...

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