The Chinese banking regulator has issued a new directive targeting the misuse of non-financial subsidiaries by companies in the domestic trust sector....

Banking

Citibank China Grabs Approval for Securities Investment Fund Custody Services

CBNEditor - August 1, 2021 0

The Chinese unit of US banking giant Citigroup has cinched approval from regulators to provide custody services for securities investment funds.

Debt Exclusives

Green Bonds Account for Just 0.5% of Debt Issuance in China Despite Carbon Targets Push

CBNEditor - July 30, 2021 0

Green bonds still account for just a tiny share of total debt issuance in China despite a concerted push for growth in...

Economy

Ex-Bank of China Chief Warns Libra, Diem Could Strengthen US dollar “Hegemony,” Highlights Challenges of Decentralised Finance

CBNEditor - July 30, 2021 0

The former head of one of China's big state-owned banks has warned that emerging cryptocurrencies such as Libra and Diem could potentially...

Finance

Shanghai Launches Global Asset Management Partnership Push, Local Sector Host to 106 Foreign-invested Firms

CBNEditor - July 30, 2021 0

The Lujiazui financial district of Shanghai has launched a new policy intuitive to transform itself into a global hub for asset management...

Banking

China’s Wealth Management Market Transformed by Launch of New Asset Management Rules

CBNEditor - July 28, 2021 0

China's market for wealth management products (WMP) has undergone profound change in the more than three years since the launch of new...

Finance

Chinese Central Bank Says Carbon Market Essential to Achieving Sustainable, Low Carbon Development

CBNEditor - July 27, 2021 0

A senior official from the People's Bank of China (PBOC) has stressed the role of the carbon trading market in China as...

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Finance

Chinese Central Bank Launches Three Year Campaign to Support Small Business and Private Enterprise in Beijing

Local Asset Management Companies Set for New Rules to Address Regulatory Gaps

ICBC Teams up with Chinese Chamber of Commerce to Drive Micro-loans

Xiong’an New Area to Step up Financial Infrastructure Development, Establish Fintech Hub

Bank of Shanghai Grabs Approval to Launch Wealth Management Subsidiary

Latest stories

Chinese Central Bank Launches Three Year Campaign to Support Small Business and Private Enterprise in Beijing

Bank of Communications Teams up with JD.com on 20M Yuan Digital Renminbi Giveaway in Shanghai and Suzhou

Local Asset Management Companies Set for New Rules to Address Regulatory Gaps

ICBC Teams up with Chinese Chamber of Commerce to Drive Micro-loans

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