Tuesday, May 18, 2021

China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...

China’s Macro-leverage Ratio Further Slides in First Quarter of 2021 to 276.8%

China's macro-leverage ratio has continued to slide in the first quarter of 2021, following a sharp surge in 2020 as regulators sought...

China Accounts for over 80% of Global 5G Connections, over 70% of 5G Base Stations

China claims to be host to the overwhelming majority of the world's base stations and terminal connections when it comes to 5G...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...

China Accounts for over 80% of Global 5G Connections, over 70% of 5G Base Stations

China claims to be host to the overwhelming majority of the world's base stations and terminal connections when it comes to 5G...

Hong Kong to Expand Trials for Cross-border Payments Using Digital Renminbi

China plans to step up testing of cross-border Digital Renminbi payments in Hong Kong, following the success of initial trials conducted by...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...

China’s Macro-leverage Ratio Further Slides in First Quarter of 2021 to 276.8%

China's macro-leverage ratio has continued to slide in the first quarter of 2021, following a sharp surge in 2020 as regulators sought...

China Accounts for over 80% of Global 5G Connections, over 70% of 5G Base Stations

China claims to be host to the overwhelming majority of the world's base stations and terminal connections when it comes to 5G...