Friday, March 29, 2024

Monthly Archives: June, 2018

China’s Financial System is “Extremely Stable:” Banking and Insurance Regulator

The banking regulator has stressed that China's financial system is in an "extremely stable" condition amidst ongoing efforts to deleverage the economy as well...

Chinese Depository Receipts Hit a Roadblock with Xiaomi’s Indefinite Delay

Beijing's plans to use Chinese Depository Receipts (CDR's) to bring overseas-listed tech giants back to the domestic A-market have met with a major set...

Tencent Launches Online Platform for Bond Trading between QQ Users

Chinese internet giant Tencent has launched an online platform for over-the-counter bond transactions, hoping to capitalise on the vast number of investors that already...

Beijing Proposes Five Measures to Expand Financial Inclusion for Small Businesses

The State Council has outlined a raft of five measures for expanding the supply of financing to China's small and micro-enterprises. On 20 June China's...

State Media Says Reserve Ratio Cut Now Imminent

Reports from China's state-owned media indicate that another cut in the country's required reserve ratio is imminent, amidst efforts by Beijing shore up financial...

Ant Financial Targets Chinese SME’s Using Artificial Intelligence

The world's biggest fintech company hopes to facilitate the provision of financial services to 30 million small and medium-sized enterprises (SME) and farmers around...

Rates for Jumbo CD’s Lift as Chinese Banks Vie for Funds

Chinese banks are raising rates for large-denomination certificates of deposit and structured deposits, as competition for funds intensifies following a crackdown on the use...

Chinese Consumers Use Credit Cards to Invest in Real Estate and Stocks

Chinese consumers are increasingly making illicit use of their credit cards to obtain cash for investment in real estate. The problem of the illicit "cashing"...

China PPP Fund Invests 90% of Capital in Wealth Management Products

A new report from the Chinese central government highlights a range of risks  in relation to the country's public finances. On 20 June China's National...

SME’s Account for over 60% of China’s GDP, Beijing Mulls Inclusion of Loans as MLF Collateral

The Chinese central government is pushing for the financial sector to provide greater support to small and micro-enterprises, who have seen their contribution to...

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