Chinese Banks Yet to See a Peak in Non-performing Loans: CINDA
Chen Yanqing (陈延庆) of China Cinda Asset Management says that while growth in the non-performing loan balance…
Month: August 2017
China’s Official Manufacturing PMI Beats Expectations in August
China’s official manufacturing purchasing manager’s index has posted a sharp increase for the month of August, contrary…
Regulatory Crackdown Helps China’s Big Four Banks Beat Profit Expectations
All of China’s big four state-owned banks have posted second quarter profits ahead of consensus estimates, as…
Liquidity Expected to Remain Stable As Fiscal Expenditures Offset PBOC Repos
Despite the large volume of central bank repos set to mature by the start of September, market…
Chinese Regulators Mull Ban on Cryptocurrency Crowdfunding
China’s financial regulators are considering a ban on crowdfunding by means of cryptocurrencies, as authorities in other…
Benchmark Rate Mistake Highlights the Opacity of China’s Central Bank
A processing error which triggered a sudden spike in one of China’s key benchmark rates has highlighted…
560 Billion Yuan in Central Bank Repos Set to Mature This Week
A total of 560 billion yuan in the Chinese central bank’s repo agreements are due this week,…
SASAC Wants State-owned Enterprises to Use Asset Securitisation, Debt Swaps, IPO’s to Deleverage
The State-owned Assets Supervision and Administration Commission (SASAC) is encouraging China’s central state-owned enterprises by cut debt…
Fintech Contributes to 3 Trillion Yuan Decline in Chinese Personal Current Accounts and Cash
The personal current account and cash components of China’s money supply have seen a precipitous decline over…
Large-scale Enterprise Profit Growth Eases for Jan-July Period As Deleveraging Continues
Profit growth of China’s large-scale enterprises for the January-July period edged lower compared to the first six…
