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China’s Interbank Market Upgrades Credit Derivatives Rules

The peak body for participants in China's interbank market has issued new rules updates with the goal of improving the use of...

Shenzhen Mainboard-listed Companies Post 38% Rise in Net Profits in 2020

Shenzhen-listed companies posted a surge in their net profits in 2020 despite the initial impacts of the COVID-19 pandemic on the Chinese...

Wealth Management Connect on Track for Early Launch as International Investors Accelerate Renminbi Asset Allocations: HKMA

The Hong Kong Monetary Authority (HKMA) has flagged the imminent launch of a bidirectional iteration of the Wealth Management Connect initiative while...

China Issues Draft Version of Futures Law for Public Feedback

The Chinese government has flagged further efforts to develop and standardise the futures market with the release of a new national draft...

China’s Insurance Sector Sees 7.8% Rise in Premium Revenues, over 11% Gain in Total Assets

The Chinese insurance sector has seen a strong increase in revenues derived from premiums in the first quarter of 2021, as China's...

CBIRC Flags Heavy Pressure on Affiliate Transactions and Shareholder Irregularities of Banks and Insurers

China's top banking regulator says it will take steps to "normalise" heavy regulatory pressure on domestic financial institutions when it comes to...

March Bond Issuance in China Hits 6.2 Trillion Yuan

Issuance of bonds in China totalled 6.2 trillion yuan (approx. USD$960 billion) in the month of March according to the latest data...

PBOC Releases Q4 Banking Sector Risk Assessment Results, High Risk Institutions on the Decline

The People's Bank of China (PBOC) has just made public its sweeping assessment of the health of the country's depository and lending...

Zhou Xiaochuan Says Digital Renminbi Will Not Create “Severe” Shock for Global Financial System

The former head of the Chinese central bank has sought to assuage concerns about the potential impacts of China's Digital Renminbi upon...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

Will Chinese Overseas Bond Issues Be Imperilled by Concerns over Huarong Asset Management?

Concerns about the health of China's biggest distressed debt manager have already raised jitters in overseas markets over the dollar bond issues...

Chinese Central Bank Calls for Renminbi Internationalisation to Become National Strategy, Says Time Is Right for Capital Account Liberalisation

A senior official from the Chinese central bank has called for greater prioritisation of efforts to internationalise the usage of the renminbi,...

Latest stories

China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...