Tuesday, December 1, 2020
Tags Chinese supply chain finance

Tag: Chinese supply chain finance

CBIRC Steps up Scrutiny of Supply Chain Financing

China's banking regulator has issued new requirements for supply chain financing following concerns that members of the wealth management sector are engaging...

Insiders Warn of Fraudulent Supply Chain Financing Following Nuoya Fortune Scandal

Members of China's wealth management sector have warned of the widespread fraudulent use of supply chain finance products to tap funds.

Agricultural Bank of China Teams up with Online Supply Chain Finance Platform on Fintech Innovation

One of China's big state-owned banks has teamed up with a leading supply chain finance platform to develop new fintech innovations.

OneConnect Launches Blockchain-based Supply Chain Finance Platform

Ping An's fintech vehicle OneConnect (壹账通) has incorporated a slew of emerging technologies into its "Yiqilian"  (壹企链) smart supply chain finance platform that was...

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Chinese Banks to See 7% Profit Drop in 2020, NPL Ratio Set to Rise to 2%: Bank of China Report

A report from one of China's big state-owned banks foresees a sizeable drop in the profits of the Chinese banking sector as...

Qualified Domestic Institutional Investor Funds Post Bumper Performance in 2020

Qualified domestic institutional investor (QDII) funds in China have seen impressive gains in 2020 despite the global economic impacts of the COVID-19...

Microwave Giant Galanz Sues Guangdong Xinbao Following Industrial Espionage Allegations

A legal dispute has broken out between two leading home appliance makers in Guangdong province following accusations of industrial espionage involving a...

Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...