Tuesday, October 27, 2020
Tags Asset management regulations

Tag: Asset management regulations

New Asset Management Rules Will Boost Fortunes of Net Asset Value WMP’s

The launch of China's new asset management regulations is expected to spur the issuance of net asset value wealth management products (WMP's) by domestic...

New Asset Management Regulations On Track for Implementation

The Chinese central government is about to launch new asset management regulations which will focus on the removal of risk-creating implicit guarantees. The 2017 Q4...

PBOC Advisor Says New Asset Management Rules Won’t Cause Crisis

One of the senior-most advisors to the Chinese central bank says the release of strict new regulations governing China's asset management sector can effectively...

Chinese Banks Deny Calling for Asset Management Curbs to be Dialled Down

The peak industry for China's banking sector has denied reports that it called for the country's central bank to moderate new guidelines designed to...

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Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...

Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...

Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...

Digital Lender XWBank Sees Q3 Profits Rise 32%

Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...