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Chinese Property Developers Confront Stark Capital Drought

Chinese property developers confront a severe liquidity crunch as both domestic and overseas financing channels dry up, compelling many to shift from bond issuance and...

CSRC Flags Crackdown on Shadow Banking “Channel Operations”

The China Securities Regulatory Commission has flagged a crackdown on "channel operations" employed by members of the banking sector to shift their investments off...

MSCI China Index Hits Two Year High As Chinese Tech Stocks Flourish

The Morgan Stanley Capital International (MSCI) China Index has just breached a near two-year high on the back of gains in Chinese technology stocks. The...

PBOC Says Banking System Liquidity Levels Back at Appropriate Levels

China's central bank said that the level of liquidity in the national banking system has returned to standard and "appropriate" levels in the wake of...

AliPay Claims Active Daily Users Doubled in 2016

Chinese FinTech heavyweight Ant Financial claims that the number of its daily active users doubled last year. The AliBaba payment affiliate reports that over 450 million...

One Belt One Road to Increase International Clout of China’s Payments Sector: PBOC

The vice-governor of the People's Bank of China has called for the Chinese payments sector to use the One Belt One Road initiative to...

Mobile Payments Beat Online Payments in China for the First Time Last Year

Mobile payments beat online payments in terms of total transaction volume for the first time ever in 2016. At the launch of the latest "China Payments...

Access to Offshore Dollar Bonds Dries up for Property Developers

Chinese regulators have clamped down on the issuance of offshore dollar bonds by property developers as part of a bid to cool down China's overheating...

China UnionPay Expands Services to Type II, III Bank Accounts

China UnionPay has just launched a new mechanism for hooking up with type II and type III bank accounts, in a move that is expected to shake up the...

China Zheshang Nabs Approval for 40bn Yuan in Asset Backed Securities

Hong Kong-listed commercial lender China Zheshang has obtained approval from financial regulators for the issuance of a large volume of asset backed securities. Xu Renyan, vice-president of...

State Media Calls for China’s Finance Sector to Better Service Real Economy

China's official press agency has published an editorial calling for the country's financial sector to channel more funds to the real economy. The latest editorial piece...

Dongguan Securities IPO Scuppered by Bribery Allegations

The IPO of Dongguan Securities has run aground on bribery allegations involving the former vice-governor of Guangdong province. Established in 1988 with registered capital of 1.5...

Latest stories

Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...