Sunday, January 17, 2021

Monthly Archives: April, 2018

Chinese Depository Receipts Expected to Spur Listing by Innovative Tech Firms

Observers expect the use of depository receipts in China to facilitate equity financing by tech enterprises. The State Council approved and issued the China Securities...

Fifth Round of Housing Controls Kicks off, Shenzhen Targets Yin-Yang Contracts

A slew of municipal governments around China are launching a fresh set of housing policies in what observers are calling the fifth round of...

Pass Rate for Chinese IPO Applications Drops to 47.06% in First Quarter

The volume of IPO applications approved by the China Securities Regulatory Commission following examination has posted a sharp decline in the first quarter of...

Banking Regulator Hails Fintech Adoption by Chinese Lenders

Wang Zhaoxing (王兆星), vice-chair of the China Banking and Insurance Regulatory Commission (CBIRC), has hailed efforts by Chinese lenders to adopt the latest fintech...

“Empty Financing” by Lenders Is Being Effectively Contained: China’s Banking Regulator

Wang Zhaoxing (王兆星), vice-chair of the China Banking and Insurance Regulatory Commission (CBIRC), believes that regulators have achieved some initial success in containing "empty...

China’s March PMI Rises to 51.5

The latest figures from China's National Bureau of Statistics indicate that the country posted a Purchasing Managers' Index reading of 51.5 for the month...

State-owned Enterprises Banned From Financing Chinese Local Government

China's Ministry of Finance has put the kibosh on state-owned finance enterprises providing financing to local governments outside of bond purchases, as part of...

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.