Sunday, January 17, 2021

Monthly Archives: April, 2018

Beijing Steps up Scrutiny of Online Asset Management, Targets Unlicensed Operators

Chinese regulators are intensifying scrutiny of online asset management amidst a broader crackdown on the near $16 trillion asset management sector. China's Internet Financial Risk Special Rectification Work...

China Host to 16% of Global Shadow Banking Sector

A new report from the Swiss-based Financial Stability Board (FSB) on the international shadow banking indicates that China's share of the global sector surged...

Home Loan Rates Rise, Lending Quotas Expected to Tighten Further

Major cities around China are raising home loan rates further as regulators continues to put pressure on urban real estate markets. The state-owned Xinhua News Agency reports...

Beijing, Shanghai Amongst Five Chinese Provinces Posting Negative Population Growth

Beijing and Shanghai are amongst a total of five province-level Chinese administrative entities to post negative growth in their permanent presidential populations last year. The...

China’s Big Banks Could Drive Up Money Market Rates with NCD Funding Spree

China's big five banks are expanding their use of negotiable certificates of deposit (NCD) to access short-term funding for loans, in move that could...

New Round of Housing Controls Expected to Weigh on Prices in First-tier Chinese Cities

One of China's leading real estate analysts says that the latest round of property market controls launched by municipal governments around the country is...

New Asset Management Rules Will Boost Fortunes of Net Asset Value WMP’s

The launch of China's new asset management regulations is expected to spur the issuance of net asset value wealth management products (WMP's) by domestic...

State-owned Enterprises Must Deleverage ASAP: Xi Jinping

Chinese president Xi Jinping has called for the country's state-owned enterprises to reduce their leverage levels as soon as is possible. At a meeting of...

Foreign Investors Stand to Benefit from China’s Crackdown on Bad Debt of Banks

Ted Osborn, partner at PwC China, says that Beijing's crackdown on bank's concealing non-performing loans will result in the sale of more bad debts...

China’s Publicly Offered Funds Post Profits of 558.5bn in 2017

China's publicly offered funds saw profits of 558.562 billion yuan in 2017, with hybrid funds and equity funds accounting for nearly half this amount. Data...

Most Read

China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.