Wednesday, January 20, 2021
Tags Central Huijin Investment

Tag: Central Huijin Investment

Central Huijin Transfers 19.53% of Equity in China Everbright Bank to Everbright Group

State investment vehicle Central Huijin Investment has just sealed a deal for the transfer of nearly a fifth of its stake in...

Central Huijin to Sell off Stake in Everbright Bank, Paves Way for Listing of Everbright Group

State-owned investment giant Central Huijin Investment has withdrawn its equity stake in joint-stock lender China Everbright Bank as part of preliminary arrangements...

Regional Lender Hengfeng Bank Set to Receive 100 Billion Yuan Bailout from Beijing

The travails of another beleaguered Chinese regional bank have prompted the launch of a rescue package by Beijing which will confer control...

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TikTok’s Chinese Counterpart Confirms Addition of Online Payments Function

Douyin, the Chinese counterpart to social media giant TikTok, has confirmed that it is now capable of providing payments functions following the...

China’s Loan Prime Rate Unchanged for Nine Straight Months in January

Chi­na’s loan prime rate (LPR) has re­mained un­changed for the ninth consecutive month in January 2021.

China’s Financial Sector Saw Added Value Gain of 7% in 2020 to Hit USD$1.3 Trillion

The Chinese financial sector saw a sizeable improvement in its performance in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

Guo Shuqing Denies China Plies State Monopoly Capitalism, Says State-owned Enterprises Bear Twice the Tax Burden of Private Companies

The senior-most official in China's banking regulatory system has stressed the importance of the role played by the rapidly expanding private sector...