Du Xiaoman Financial to Help China Everbright Set up Fintech-Assisted Wealth Management Subsidiary
Baidu fintech spin-off Du Xiaoman Financial (度小满金融) will help commercial lender China Everbright Bank to set up…
Chinese wealth management
China’s Robo-advisory Market Expected to Reach 737.05B Yuan by 2022: Lufax White Paper
Ongoing fintech advances are expected to drive the size of the Chinese market for artificial intelligence-assisted wealth…
Bank of Ningbo Becomes Second Municipal Lender to Grab Approval for Wealth Management Subsidiary
Bank of Ningbo has become the second municipal commercial bank in China after Bank of Hangzhou to…
Bank of Hangzhou Becomes First Municipal Lender to Obtain Approval for Wealth Management Subsidiary
Bank of Hangzhou has just become the first municipal commercial bank in China to garner approval from…
Over One Fifth of Chinese Netizens Use Online Wealth Management Services
A new report on China’s online wealth management sector indicates that the number of clients on the…
Bank of China’s Wealth Management Vehicle Grabs Approval to Commence Operation
Big state-owned lender Bank of China has just garnered approval from Chinese regulators for its wealth management…
Industrial Bank Becomes Third Joint-stock Commercial Bank Approved for Wealth Management Subsidiary
China’s banking regulator has given its approval for a third joint-stock commercial bank to prepare to establish…
Bank of Communications Completes Industrial and Commercial Filing for Wealth Management Subsidiary
One of China’s leading state-owned leaders has completed a key registration procedure for its wealth management subsidiary.
All of China’s Big Six Banks Greenlit for Wealth Management Subsidiaries Following PSBC Approval
Postal Savings Bank of China (PSBC) has become the last of the six big state-owned lenders to…
ICBC, China Construction Bank Grab Approval for Wealth Management Subsidiaries to Operate
Two of China’s leading state-owned lender have obtained approval from the banking regulator for their wealth management…
