Sunday, October 25, 2020
Tags Chinese state-owned assets

Tag: Chinese state-owned assets

Transfer of State-owned Assets to Chinese Social Security Funds Expected to Hit 660B Yuan

The Chinese central government estimates that the transfer of state-owned assets to social security funds from central state-owned enterprises is set to...

11 Central State-owned Enterprises Select for Reform of State-owned Asset Investment Companies

Beijing has selected 11 central state-owned enterprises (SOE's) to implement "upgrade" reforms of state-owned asset investment companies. According to a report from Economic Information Daily trials...

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...