Tuesday, September 28, 2021
Home Finance

Finance

Chinese Banks Compete Against Wealth Management Products Using Gifts

A surge in the returns offered for short-term wealth management products has compelled some banks to compete for the funds of clients by providing...

Tsinghua Professor Calls for Separate and Independent Financial Regulators

A finance professor from China's leading university says that macroeconomic and monetary policy is best served by the the regulation of securities and insurance companies by independent agencies,...

Securities Regulator Intent on Tackling Shadow Banking Channels

Channel business is the next target for Chinese regulators intent upon deleveraging the economy and curbing rampant growth in the shadow banking sector. The China Securities Regulatory...

Onshore RMB Breaches 6.8 Against the Greenback

The onshore value of the Chinese yuan has risen to a six month high against the US dollar at the outset of June. On the morning of...

Caixin Calls for Caution While Deleveraging in Order to Avert Liquidity Crunch

The editor of one of China's most influential economics publications has called for financial regulators to exercise heightened caution during their deleveraging efforts in...

Smaller Banks Overleveraged, Excessively Reliant on Wholesale Borrowing: PBOC

One the Chinese central bank's senior-most officials says that many of the country's small and medium-sized lenders are over leveraged and suffer from an excessive...

Chinese A Shares Expected to Join MSCI Global Emerging Markets Index

China's domestic A shares are expected to join MSCI's global emerging markets index for the first time this year, with adjustments to the annual...

Central Bank Says China’s AA- Bonds Are BBB- Internationally.

The People's Bank of China has called for the opening up of the corporate credit ratings market in order provide a sounder basis for assessing...

IT Sector Beats Out Finance for China’s Highest Average Income

China's IT workers enjoy the country's highest average levels of remuneration as of 2016, beating out finance sector professionals. Data released by China's National Bureau of Statistics on 27...

PBOC Seeks to Assuage Concerns Over Shrinking Balance Sheet

An insider from the Chinese central bank has sought to calm concerns about Q1 balance sheet contractions and the attendant liquidity impacts by airing his views on the  matter...

Dragonomics Foresees Financial Crisis in China Within a Decade

A leading investment consultancy says that China could suffer a financial crisis in under a decade a result of unsustainable debt growth. Gavekal Dragonomics chief economist Anatole...

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...

Latest stories

Chinese Central Bank’s Third Quarter Monetary Policy Meeting Mentions Real Estate for the First Time in over Ten Years

The monetary policy committee of the People's Bank of China (PBOC) has just concluded its routine third quarter meeting, making reference to...

CBIRC Supports Issuance of Catastrophe Bonds in Hong Kong by Domestic Insurers

China's banking and insurance regulator plans to allow domestic insurance companies to issue catastrophe bonds via Hong Kong.

Bank of China Unveils Carbon Emissions Action Plan

One of China's big state-owned banks has drafted an "action plan" to support the carbon reduction targets unveiled by Beijing last year....

Huaxia Bank’s Wealth Management Vehicle Launches Investment Fund to Support Beijing Stock Exchange

The wealth management vehicle of a leading Chinese commercial bank has launched a new investment fund that will focus upon companies hoping...