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Chinese Interbank Lending Falls 26.45% Month-on-Month in April: PBOC

Interbank lending posted a sharp decline in April compared to March, according to the latest data from the People's Bank of China (PBOC). The 2018...

Chinese Banks Step up Client Risk Scrutiny Following Launch of New Asset Management Rules

Chinese banks are intensifying their monitoring of the risk bearing capacity of clients following the launch of new asset management regulations that target the...

Shanghai Stock Exchange Targets Credit Risk of Key Shareholders

The Shanghai Stock Exchange has launched a crackdown on credit risk in relation to the controlling shareholders and actual controllers of its listed concerns. The...

Chinese Banks Improve Asset Quality by Writing off Non-performing Loans

A new study from Ernst & Young found that the asset quality of Chinese banks has seen improvements over the past year, yet risks...

China’s Smartphone Shipments Post Historic Drop in Q1 2018

The latest official data points to a sharp drop in smartphone shipments in the first three months of 2018, as the Chinese domestic market...

Structured Deposits See Soaring Growth Amongst Chinese Banks

The latest data indicates that structured deposits are seeing roaring growth amongst Chinese banks sector, as Beijing cracks down on the wealth management products...

“Investing Means Bearing Risk, Bad Deeds Mean Paying a Price”: Liu He

China's senior-most government economist has emphasised the need for education and guidance of the country's investing public during a key speech delivered at an...

January – April Real Estate Development Investment up 10.3% YoY

The latest official data from China's National Bureau of Statistics points to a slight easing in real estate investment growth for the first four...

Chinese Commercial Banks Post First Rise in Non-performing Loan Ratio Since 2016

China's commercial banks have just posted the first increase in their non-performing loan (NPL) ratio since the end of 2016. The NPL ratio of Chinese...

WMP Issuance Drops 20% Following Launch of New Asset Management Rules

The launch of new asset management regulations has already taken a heavy toll on the wealth management products (WMPs) that are considered a core...

PBOC Expected to Further Cut Reserve Ratios, Restrict MLF Use in 2018

Domestic analysts expect the Chinese central bank to undertake further cuts to required reserve ratios before the end of the year to unleash greater...

Shanghai Expands Opening of Finance Sector with Reforms in Six Key Areas

The Shanghai municipal government is driving further opening of its financial sector with the launch of a slew of new reform initiatives. On 13 April...

Latest stories

Alibaba Invests USD$15 million in Launch of “Smart Finance” Digital Subsidiary

Chinese e-commerce giant has Alibaba just launched a new wholly invested fintech subsidiary helmed by a senior executive from its Ant Group-backed...

PBOC to Issue 5 Billion Yuan in 6-month Central Bank Bills on 24 June in Hong Kong

The People's Bank of China (PBOC) has announced plans for a new issue of central bank bills (CBB) via Hong Kong on...

Structured Deposits at Chinese Banks Drop to New Low for 2021 in May

Outstanding structured deposits of Chinese banks have further fallen to a new low for the year following a crackdown on use of...

Bank of China Commits to Development of New Blockchain Applications

A senior tech executive from one of China's big state-owned banks has stressed the lender's commitment to the development and application of...