Thursday, April 18, 2024

Monthly Archives: February, 2018

Securities Regulator Launches Three Month Crackdown on Privately Offered Funds

The China Securities Regulatory Commission is planning to launch nation-wide on-site investigations of the country's privately offered funds. CSRC recently issued the "Notice on Undertaking...

Regulator Seeks to Standardise Conduct of Banking Sector Professionals

The China Banking Regulatory Commission is launching what it claims are the first measures aiming to standardise administration of the conduct of banking sector...

CPI Growth Slides to Half Year Low in January

China's year-on-year CPI growth in January has fallen to a half year low, while PPI has dropped to its lowest point in over a...

Q4 Data Shows Liquidity Ample, Risk Under Wraps: China Banking Regulator

The China Banking Regulatory Commission said that banking sector operations are currently stable and risk is under control at a press conference held on...

Big Chinese Banks Expand into New Zealand with Political Board Appointments

Three of China's biggest state-owned lenders have established a presence in New Zealand by currying favour with leading political figures. China Construction Bank has just...

Foxconn Grabs $18 Million Stake in Cryptocurrency Merchant Bank

Taiwanese manufacturing giant Foxconn is making a foray into fintech by investing USD$18 million in a cryptocurrency merchant bank launched by a former partner...

Central Bank Releases 2 Trillion Yuan in Provisional Liquidity Prior to Chinese New Year

The People's Bank of China announced the release of nearly 2 trillion yuan (approx. USD$316.28 billion) in temporary liquidity on Friday in order to...

Are China’s Official Foreign Trade Deals Overhyped?

Impressive figures for the foreign trade deals touted following official visits by heads of government to China could be little more than hot air...

Chinese Payment Provider LianLian International Joins Ripple Blockchain

Hong Kong-based payment provider LianLian International has announced that it will join the RippleNet payment network that facilitates cross-border transactions via the use of...

Hacker Infiltrates PBOC’s Email System to Spread Fake Bitcoin Rumours

A hacker has accessed the email system of the Hefei branch of the Chinese central bank and used it to spread fake reports of...

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