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Monthly Archives: June, 2018

Six New Funds Will Use Chinese Depository Receipts to Invest in Unicorns

Six publicly offered funds that will use Chinese Depository Receipts (CDR) to focus specifically on unicorn companies valued at over USD$1 billion are on...

Expansion of MLF Guarantee Scope Expected to Boost China’s Financial Inclusion

The Chinese central bank's recent decision to expand the scope of accepted collateral for its medium-term lending facilities (MLF) is expected to have a...

Regulatory Crackdown Prompts Ant Financial to Shift Focus Away from Fintech

China's leading fintech company Ant Financial plans to shift its primary focus away from payments operations and consumer finance towards technology services according to...

Banks Use Principal-guaranteed Structured Deposits As Replacements for WMP’s

Chinese banks continue to make increasing use of structured deposits as a means of shoring up funding sources, following the launch of new asset...

Bond Defaults Could Prompt Further Cuts to China’s Reserve Ratio Before Year’s End

Chinese analysts say the People's Bank of China could undertake further cuts to the required reserve ratio before the end of 2018 should corporate...

Added Value of Chinese Domestic Trade Breaches 10 Trillion Yuan in 2017

The value added of Chinese domestic trade pierced the 10 trillion yuan threshold last year according to the latest government data. The "2017 China Domestic...

IT Ministry Pushes for Accelerated Growth of China’s Chip Industry

The Ministry of Industry and Information Technology (MIIT) is pushing for the accelerated development of China's integrated circuit capabilities amidst an unresolved trade clash...

We Can’t Expect Market Entities to Be Socially Responsible: PBOC on Payments Sector

The Chinese central bank has flagged further tight control of the payments and settlements sector alongside a strong emphasis upon security. Fan Shuangwen, deputy director...

More Bond Defaults Expected as Chinese Banks Withdraw Support for Corporate Debt

Analysts see bond defaults continuing in China as Beijing's deleveraging campaign prompts banks to scale back lending for purchases by other institutions, as well...

Xiaomi Plans to Raise $3bn Via Chinese Depository Receipts

Smartphone giant Xiaomi plans to use Chinese Depository Receipts (CDR's) to raise nearly a third of its USD$10 billion IPO in mainland China according...

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