Foreign Investment in Chinese Capital Markets to Hit Record High in 2019: Citibank, Morgan Stanley
Several leading investment banks forecast a surge in foreign investment in Chinese capital markets this year.
Author: CBNEditor
ICBC Becomes Fifth Big State-owned Bank to Obtain Approval for Wealth Management Subsidiary
The world’s biggest bank in terms of assets has become the fifth major state-owned lender in China…
State Financing Guarantee Fund Helps out 25,245 Chinese Enterprises
The Chinese central government is stepping up efforts to provide financing to small and medium-sized enterprises as…
JD.com’s Fintech Vehicle Embroiled in Online Privacy Scandal
The fintech subsidiary of one of China’s leading online companies has become embroiled in a scandal involving…
Over 380 Online Lending Platforms under Investigation by Chinese Authorities, 62 Suspects Extradited
Chinese authorities have placed over 380 online lending platforms under investigation for criminal financial activities.
Tencent’s Surging Fintech Growth Driven by Online Wealth Management
Online wealth management has emerged as a mainstay fintech operation for one of China’s leading tech giants.
Returns on P2P Loans Set to Weaken as Chinese Regulators Step up Pressure
Average returns on peer-to-peer loans in China are expected to remain weak as Beijing continues to crack…
Shanghai Launches Blockchain Research Centre at Fudan University
Shanghai has seen the launch of a new blockchain research institute at one of China’s leading tertiary…
Leverage Risk Concentrated amongst State-owned Enterprises, Local Government: Chinese Academy of Social Sciences
One of China’s leading think tanks has warned of the dangers of excessive leverage amongst state-owned enterprises…
China’s Big State-owned Banks Expand to Six in Total
The ranks of China’s official big state-owned banks have seen an increase to six in total following…
