The State Administration of Foreign Exchange (SAFE) says that it will continue to drive the "stable and orderly" opening of China's capital account.
On...
Chinese authorities have announced the appointment of two senior executives from big state-owned banks to top leadership positions in provincial governments.
On 30 July...
Chinese central bank data indicates that China's gold reserves have risen every month since December 2018.
China's gold reserves stood at 61.94 million ounces...
Beleaguered regional lender Bank of Jinzhou has announced that one of China's leading asset management companies has signed up as a third strategic investor....
Chinese telecommunications giants Huawei and Shenzhen Techo Telecom have unveiled plans to provide the banking sector with fintech-driven security and cloud computing solutions.
Huawei and...
Fintech has emerged as a key focus of a raft of new financial sector opening measures unveiled by the Beijing municipal government.
Huo Xuewen (霍学文),...
Chinese banks are accelerating their shift away from principal-guaranteed wealth management products (WMP) to net-value WMP's over a year after Beijing's banning of "implicit...
Alibaba-backed online lender MYBank (网商银行) is reportedly planning its first capital increase in the four years since its founding.
Anonymous sources said to Bloomberg...