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Finance
Finance
Banking
HSBC Plans to Invest over USD$3.5 Billion in Asian Wealth Management Expansion, Increase Chinese Staff by 3,000
CBNEditor
-
February 28, 2021
Finance
Ant Group Plans to Merge Huge Micro-Loan Business with New Consumer Finance Unit: Sources
CBNEditor
-
February 26, 2021
Economy
COVID-19 Is Driving Internationalisation of the Renminbi, Foreign Investment in Chinese Financial Assets: PBOC
CBNEditor
-
February 24, 2021
Economy
China’s Current Account Surplus for 2020 Exceeded $310 Billion
CBNEditor
-
February 23, 2021
Banking
Chinese Central Bank Says to Focus on Rates not Volume When Interpreting Monetary Policy Signals
CBNEditor
-
February 22, 2021
Banking
Chinese Central Bank’s Credit Reference Center Amasses Data on over 1.1 Billion People
CBNEditor
-
January 28, 2021
0
The Credit Reference Center (CRC) of the People's Bank of China (PBOC) says it has amassed credit information on more than one...
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Finance
China Issued USD$8.87 Trillion in Bonds in 2020 for YoY rise of over 26%: PBOC
CBNEditor
-
January 27, 2021
0
The latest data from the Chinese central bank points to a marked rise in bond issuance in 2020 amidst the peak of...
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Economy
Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports
CBNEditor
-
January 27, 2021
0
Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...
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Finance
Chinese Central Bank Chief Flags Possibility of “Good Results” for Relaunch of Ant Group IPO
CBNEditor
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January 27, 2021
0
The head of the Chinese central bank has flagged the possibility that Jack Ma's Ant Group could still launch a successful IPO...
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Finance
Virtual Lender ZA Bank Obtains Insurance Agency License in Hong Kong
CBNEditor
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January 27, 2021
0
One of Hong Kong's first virtual lenders has just obtained a license to also operate as a virtual insurance agency less than...
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Finance
Automaker Geely Establishes Fintech Investment Vehicle
CBNEditor
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January 26, 2021
0
Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...
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Banking
Bank of Chongqing IPO Brings China’s Listed A-share Lenders to 38 in Total
CBNEditor
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January 26, 2021
0
China has just seen the ranks of its listed A-share lenders expand to 38 with the initial public offering (IPO) on the...
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Finance
China’s Insurance Regulator Issues New Requirements for Solvency Levels
CBNEditor
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January 26, 2021
0
The China Banking and Insurance Regulatory Commission (CBIRC) has issued a new directive on measures to address the solvency levels of insurance...
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Finance
Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms
CBNEditor
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January 21, 2021
0
The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...
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Banking
China’s Loan Prime Rate Unchanged for Nine Straight Months in January
CBNEditor
-
January 20, 2021
0
China’s loan prime rate (LPR) has remained unchanged for the ninth consecutive month in January 2021.
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Economy
China’s Financial Sector Saw Added Value Gain of 7% in 2020 to Hit USD$1.3 Trillion
CBNEditor
-
January 20, 2021
0
The Chinese financial sector saw a sizeable improvement in its performance in 2020 despite the adverse economic impacts of the COVID-19 pandemic....
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Banking
PBOC Says Enterprise Interest Rates Fell to Five Year Low in 2020, Hails 1.5 Trillion Yuan “Profit Sacrifice” by Chinese Banks
CBNEditor
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January 18, 2021
0
The Chinese central bank has touted the success of efforts to reduce financing costs for businesses in 2020 during efforts to mitigate...
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Latest stories
Chinese Grain Production Rises 0.9% in 2020 to 669.49 Million Tonnes
Economy
CBNEditor
-
February 28, 2021
0
Grain production in China edged higher in 2020 despite the adverse economic impact of COVID-19.
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Average Disposable Incomes in China Rise 4.7% in 2020 Despite Impact of COVID-19
Economy
CBNEditor
-
February 28, 2021
0
Official data points to a sizeable rise in disposable incomes in China last year despite the adverse economic impacts of the COVID-19...
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ByteDance Shuffles Senior Execs at Toutiao and TikTok
Fintech
CBNEditor
-
February 28, 2021
0
TikTok-owner ByteDance has made adjustments to key executives at the helm of its leading social media and news content platforms.
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Bank of China Appointed Liu Jin, Former Head of China Everbright Bank, as President
Banking
CBNEditor
-
February 28, 2021
0
Bank of China (BOC) has announced the appointment of a veteran of China's state-owned and joint-stock banking sector to the position of...
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