Chinese property developers confront a severe liquidity crunch as both domestic and overseas financing channels dry up, compelling many to shift from bond issuance and bank loans to borrowing via trust companies. More »
The China Securities Regulatory Commission has flagged a crackdown on “channel operations” employed by members of the banking sector to shift their investments off balance-sheet. More »
The Morgan Stanley Capital International (MSCI) China Index has just breached a near two-year high on the back of gains in Chinese technology stocks. More »
China’s central bank said that the level of liquidity in the national banking system has returned to standard and “appropriate” levels in the wake of recent interventions. More »
Chinese FinTech heavyweight Ant Financial claims that the number of its daily active users doubled last year. More »
The vice-governor of the People’s Bank of China has called for the Chinese payments sector to use the One Belt One Road initiative to expand into overseas markets. More »
Mobile payments beat online payments in terms of total transaction volume for the first time ever in 2016. More »
Chinese regulators have clamped down on the issuance of offshore dollar bonds by property developers as part of a bid to cool down China’s overheating real estate market. More »
China UnionPay has just launched a new mechanism for hooking up with type II and type III bank accounts, in a move that is expected to shake up the Chinese payments sector by giving greater play to smaller lenders. More »
Hong Kong-listed commercial lender China Zheshang has obtained approval from financial regulators for the issuance of a large volume of asset backed securities. More »
China’s official press agency has published an editorial calling for the country’s financial sector to channel more funds to the real economy. More »
The IPO of Dongguan Securities has run aground on bribery allegations involving the former vice-governor of Guangdong province. More »
