Tuesday, December 1, 2020
Tags China Construction Bank

Tag: China Construction Bank

China Construction Bank Withdraws from Digital Bond Issuance Due to “Over-excitement” in Cryptocurrency Circles

One of China's big six state-owned banks has withdrawn from plans to issue digital bonds in collaboration with a digital assets exchange...

China Construction Bank Helps Issue Blockchain-based Digital Bonds in Malaysia, Denies Acceptance of Bitcoins for Transactions

One of China's big six state-owned banks is helping to issue blockchain-based bonds in the Malaysian tax haven of Labuan.

China Construction Bank Chief Liu Guiping Appointed Deputy Governor of Chinese Central Bank

The former head of one of China's big six state-owned banks has just been made a senior official with the People's Bank...

China Construction Bank Enters Cooperative Agreement with Baidu to Leverage Artificial Intelligence Capabilities

Big state-owned lender China Construction Bank (CCB) and tech giant Baidu have executed a strategic cooperative agreement that focuses on the application...

China’s Big State-owned Banks Fined for Lending and Wealth Management Infractions

The China Banking and Insurance Regulatory Commission (CBIRC) has just issued fines to two of country's big state-owned banks for irregular conduct....

China Construction Bank’s Credit Card Users Exceed 100 Million

Big state-owned lender China Construction Bank (CCB) has announced that the number of its credit card users has exceeded the 100 million...

Veteran of China’s Postal Service Tapped to Head Big State-owned Bank CCB

The top ranks of China's big state-owned banks are about to undergo a significant reshuffle, with a senior exec from Bank of...

Senior Execs at China Construction Bank, China Merchants Bank Resign for Age-related Reasons

Two of the senior-most executives from a leading big state-owned bank and a top joint-stock lender in China have resigned from their...

Baoshang Bank to Be Re-constituted as “Mengshang Bank,” CCB and Huishang to Serve as Key Shareholders

Beleaguered Inner Mongolian lender Baoshang Bank is set to be reconstituted and rebranded with the participation of some of China's leading regional...

China Construction Bank Launches Blockchain-driven Refactoring Platform

One of China's big six state-owned banks is applying blockchain technology to its refactoring operations.

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China Eclipses US as Leading Overseas Market for Asia-Pacific Companies: HSBC Survey

A survey from HSBC indicates that China has edged out the US as the biggest foreign market for firms located in the...

Strategist Advises Investors to Raise Chinese Portfolio Allocations to 20% in Preparation for “New World Order”

A Singapore-based investment strategist recommends lifting Chinese assets to around 20% of portfolios during the course of the 2020's, in order to...

State-owned Bond Defaulter Owes USD$5.1 Billion to Chinese and Foreign Creditors

A state-owned automaker who defaulted on a 1 billion yuan bond in October owes many billions more to multiple creditors in China...

Meituan Posts 364.6% Profit Growth in Third Quarter of 2020

Online shopping giant Meituan-Dianping has posted a strong performance in the third quarter of 2020 as China's economy continues to convalesce from...