Huaxia Bank Executes Cooperative Agreement with Huawei to Launch Fintech Innovation Lab
One of China’s leading commercial lenders has entered an agreement with telecommunications giant Huawei for the launch…
First Home Loan Rates in China Rise for 22nd Consecutive Month in October
China’s first home loan rates continued to see uninterrupted gains in October while prices remain stable, as…
Bank of China to Invest 10B Yuan in Launch of Wealth Management Subsidiary
One of China’s big four state-owned banks has unveiled plans to launch a new wealth management subsidiary.
Retail Investors Allowed to Purchase Local Government Bonds at Chinese Banks
The Chinese central bank has issued a directive that permits retail investors to purchase local government bonds…
60% of Singles Day Payments Made Using Biometric Technology, Alipay Foresees Integration with IoT
China’s latest record-breaking Singles Day sales event has marked the emergence of biometrics as the leading form…
Mixed-ownership Reforms of State-owned Enterprises to Increase in Vigour and Depth: SASAC
Beijing has signalled that ongoing mixed-ownership reforms of China’s state-owned enterprises are on track to increase in…
Jinshang Bank Plans to Raise $600M via IPO in Hong Kong
Shanxi province-lender Jinshang Bank (ζειΆθ‘) plans to list on the Hong Kong Stock Exchange next year according…
Chinese and Singaporean Central Banks Ink Agreement for Fintech Cooperation
Chinese Premier Li Keqiang’s official visit to Singapore has resulted in the execution of two key deals…
Africa-China Banking Center Opens in Lagos
A new banking institution has opened in the Nigerian capital of Lagos that will provide Africa’s financial…
Chinese Fintech Investment Leaps Nearly 10-fold in First Half of 2018, Hits Record Height in Second Quarter
Fintech investment in China has surged to unprecedented heights since the start of 2018 according to a…
