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30 August 2022

“China-related business” hurts Haitong bank´s results in Portugal
Haitong bank closed the first half of 2022 with net loss increasing and operating income falling, due to "China-related business".
11 August 2022

BNU Macau shows first-half profit of MOP 128 million
Banco Nacional Ultramarino (BNU) in Macau recorded a profit of MOP 128.1 million in the first half of 2022, down 41.6 per cent year-on-year, according to data released today.
19 July 2022

China´s Binance hiring in Portugal while awaiting central bank approval
China´s Binance, the world’s largest cryptocurrency broker, is in a recruitment process to start operations in the Portuguese market.
19 July 2022

Appeal Court in Portugal upholds Haitong fine
The Lisbon Court of Appeal confirmed a fine of EUR 400,000 for Haitong Bank, formerly Banco Espírito Santo International (BESI), in connection with the sale of ESI and Rioforte commercial paper in Espirito Santo banks in Portugal.
14 July 2022

No divestment in Portugal foreseen, Fosun chairman says
Fosun chairman Guo Guangchang says “no divestment is foreseen in Portugal”, where the company owns multiple assets, including in banking and insurance.
12 July 2022

African governments owe three times more debt to private lenders than China
African governments owe three times more debt to Western banks, asset managers and oil traders than to China, and are charged double the interest, according to research by Debt Justice.
28 June 2022

Angola’s debt to China drops to USD 21.4 billion
Angola's debt to China fell by USD 351 million in the first quarter, to USD 21.4 billion, according to data from REDD Intelligence.
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