Monthly Archives: September, 2018

JD Finance Changes Chinese Name to “JD Data Science” on Social Media

CBNEditor - September 19, 2018 0

The finance arm of Beijing-based e-commerce giant JD.Com has signalled a shift in the orientation of its operations by changing the name on its...

Real Estate Assets of China’s Listed Banks Could Exceed $1.02 Trillion

CBNEditor - September 19, 2018 0

A new report claims that the value of the real estate assets held by China's listed banks could be as much as 7 trillion...

Chinese Central Bank’s Official Newspaper Calls for Across-the-Board Deleveraging

CBNEditor - September 19, 2018 0

The flagship news publication of the People's Bank of China (PBOC) has called for leverage ratios to be kept under control in the government,...

PBOC Expected to Implement Another Targeted Reserve Ratio Cut Around October

CBNEditor - September 18, 2018 0

Domestic analysts expect the Chinese central bank to implement another targeted cut to the required reserve ratio following its latest surprise liquidation injection on...

“True Internet Finance” Means Artificial Intelligence, Big Data and Risk Control: Jack Ma

CBNEditor - September 18, 2018 0

The founder of Chinese e-commerce giant Alibaba says that the emergence of new forms of fintech will result in profound changes to the way...

MYBank to Join with 50 Financial Institutions to Supply 200bn Yuan on Double Eleven

CBNEditor - September 18, 2018 0

Online lender MYBank (浙江网商银行股份有限公司) plans to team up with a range of Chinese financial institutions to provide as much as 200 billion yuan in...

Mixed-business Model of Chinese Finance is Heightening Risk: Ex-MOF Head Lou Jiwei

CBNEditor - September 18, 2018 0

One of China's senior-most politicians says that the country needs to bring an end to the mixed-business model prevalent in the finance sector due...

China Everbright Bank Invests 600mn Yuan in Consumer Finance Company

CBNEditor - September 17, 2018 0

China Everbright Bank plans to make a foray into consumer finance with the launch of a new Beijing-based firm. China Everbright recently announced the execution...