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Monthly Archives: April, 2017

Online Finance is Changing the Role of China’s Physical Banks

As mobile and online banking platforms surge in popularity, Chinese lenders are changing the nature and staff structure of their branch operations. China's leading banks are already abuzz with talk of...

CBRC Sets its Sights on Interbank Lending

China's banking regulator is taking aim at the use of the country's interbank lending market to engage in what it refers to as "regulatory arbitrage." Over the...

Zheshang Securities Accused of Losing Client 30mn Yuan on Share Speculation

An investor in the Jiangsu-province city of Changzhou has taken Zheshang Securities to court over losses worth 30 million yuan that were sustained under an investment advisory...

Leading Lenders Penalised over Foreign Exchange Infractions

A slew of China's leading banks have been implicated in foreign exchange infractions involving roughly USD$1.3 billion in funds over just the past several years. According to some...

China Unicom Leads 2nd Round of Mixed Ownership SOE Reforms

The second round of mixed-ownership trial reforms of China's central state-owned enterprises is waiting eagerly in the wings, led by telecommunications giant China Unicom. According to China...

M2 Year-on-Year Growth Expected to Hit 11.2% in March

On the eve of the release of key economic and financial data by China's central bank, economists foresee an expansion in the M2 money supply...

17 Lenders Fined for Illicit Transfer of NPL’s

Bank of Communications and Ping An Bank are amongst 17 major lenders hit with administrative penalties by the China Banking Regulatory Commission for the illicit transfer...

Credit, Liquidity and Property Top CBRC Risk Concerns for 2017

China's banking regulator has released a set of guidance opinions outlining key risk areas for the economy in 2017. The release of the opinions arrives little...

New Online Settlement Platform Could Help Chinese Fintechs Sidestep Banks

China has just launched the trial run of its "Non-banking Payment Organisation Internet Payment Settlement Platform" (非银行支付机构网络支付清算平台), in a move which is set to shake up...

CSRC Flags Greater Regulation of Dividend Issuance

The head of China’s security regulator has mooted greater regulation of dividend distribution and bonus issues by listed companies. Liu Shiyu, the secretary of the party committee of...

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