PBOC Credit Reference Center Becomes World’s Largest Credit Information System
A leading official from the Chinese central bank has extolled the benefits and advantages brought by its…
PBOC Approves First Bank Card Clearing License for China UnionPay
China’s central bank has given its approval to the issuance of the country’s first bank card clearing…
Chinese Land Prices Decline for First Time Since 2012
A slew of key indices for China’s property market posted declines in the month of May.
Xunlei Teams up with Hong Kong University of Science and Technology to Open Blockchain Laboratory
Nasdaq-listed tech company Xunlei (迅雷集团) is collaborating with the Hong Kong University of Science and Technology (HKUST)…
Ping An Fintech Vehicle OneConnect Plans to List in New York by as Soon as September: Domestic Reports
Ping An fintech subsidiary OneConnect (壹账通) plans to list in New York instead of Hong Kong according…
Bank of Communications Takes Part in Second Round of Over-the-counter Sale of Local Government Bonds
Big state-owned lender Bank of Communications is participating in a second round of trials for the over-the-counter…
China’s Banking System Host to Nine Fintech Subsidiaries
Since the end of 2015 China banks have established a total of nine fintech subsidiaries as part…
3.6 Trillion Yuan in Chinese Bonds Issued in May, 304.3 Billion Local Government Bonds
China’s financial regulators have released a new raft of data on domestic bond issuance for the month…
Chinese Central Bank Sheds Further Light on Baoshang Bank Takeover
The People’s Bank of China (PBOC) has provided more information on the recent takeover of beleaguered Inner…
No One Can Stop the Rise of China: China’s Top Banking Regulator
China’s senior-most banking official has weighed in on the ongoing Sino-US trade dispute.
