Saturday, February 27, 2021
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Hengfeng Bank Launches China’s First Decentralised, Multi-format Commercial Mortgage-Backed Securities in Chengdu

Shandong's Hengfeng Bank has debuted China's first decentralised, multi-format commercial mortgage-backed securities (CMBS) in the Sichuan province capital of Chengdu.

Chinese STAR Market Stocks Make Their Debut on Global Benchmarks

Chinese STAR Market shares are set to make their first ever appearance on a global stock index.

Tencent Reportedly Secures USD$8.3 Billion Offshore Loan from 12 Bank Syndicate

Chinese media reports that tech giant Tencent has secured a mammoth offshore loan from a syndicate of a dozen banks.

PBOC Issues 25 Billion Yuan in Central Bank Bills on 19 February via Hong Kong

The People’s Bank of China (PBOC) is­sued 25 bil­lion yuan in renminbi-denominated cen­tral bank bills on 19 February via auction in Hong...

China’s $2.36 Trillion “Advance Withdrawal” Fixed-term Deposit Market Squeezed out Completely

China has seen the complete removal of fixed-term deposit products that permit advance withdrawals with variable interest rates, following the launch of...

China to Launch Crackdown on Illegal Fundraising Activity at Start of May

The Chinese central government plans to launch a severe crackdown on unlicensed and illegal fundraising activity at the start of May.

Chinese Central Bank Calls for “Leaping Growth” in Green Finance, Commits to Peak Carbon and Carbon Neutrality Targets

The People's Bank of China (PBOC) has reiterated its commitment to green financing and related environmental protection goals in the lead up...

China Emerges as World’s Biggest Supplier of Green Loans in 2020

Figures from the Chinese government indicate that China was the world's biggest green lender in 2020.

China’s M2 Money Supply up 9.4% YoY at End of January, New Loans Hit Record High

The Chinese central bank has just released its latest round of data on China's monetary system for the month of January.

Chinese Hedge Funds Outperform Global Peers in 2020 with 30% Returns on Average

Hedge funds in China outshone their overseas rivals in 2020 as the country's economy staged an advance recovery from the COVID-19 pandemic....

Foreign Currency Interbank Certificates of Deposit Approved by PBOC

China's interbank market has just seen the launch of foreign currency certificates of deposit (CD's) with the approval of the Chinese central...

China Advances Cross-border Wealth Management Connect Initiative in Greater Bay Area

The Chinese government has issued a new directive to advance trials for a wealth management connect initiative linking the mainland market with...

Latest stories

Xi Jinping Hails “Complete Victory” in China’s Efforts to Eradicate Extreme Poverty

Chinese President Xi Jinping has publicly hailed the success of China's efforts to eradicate extreme poverty in the country's rural countryside.

Ant Group Plans to Merge Huge Micro-Loan Business with New Consumer Finance Unit: Sources

Chinese fintech giant Ant Group reportedly plans to incorporate its highly lucrative micro-loan operations into a new consumer finance unit, in order...

World’s Biggest Bank to Welcome 30 Year Veteran of China Construction Bank as President

China and the world's biggest bank in terms of assets is set to welcome a 30-year veteran of another big state-owned lender...

Tencent Cloud Helps Guangzhou Rural Commercial Bank to Create Full Stack Financial Cloud Platform

The cloud subsidiary of tech giant Tencent has helped one of the leading regional banks in Guangdong province to develop its own...