Sunday, January 24, 2021
Tags Anbang Insurance Group

Tag: Anbang Insurance Group

CBIRC Shames 38 Shareholders in Banks and Insurers for Illegal Conduct

China's banking regulator has publicly named shareholders in Chinese financial concerns that it alleges have engaged in a range of infractions including...

Dajia Insurance Group Garners Approval from CBIRC, Will Absorb Anbang Insurance Group’s Operations

The China Banking and Insurance Regulatory Commission (CBIRC) has given its approval to the establishment of a new insurance group in China...

Regulators Take Over Anbang Insurance Group

The Chinese insurance regulator has taken over Anbang Insurance Group in the wake of allegations that former chairman and CEO Wu Xiaohui (吴小晖) engaged...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.