Monday, January 25, 2021
Tags Chengdu

Tag: Chengdu

Fintech

Chengdu and Jiangsu Province Join Ranks of Chinese Local Governments with Blockchain Development Plans

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The municipal government for the Sichuan province capital of Chengdu and the government of Jiangsu province have issued new policies to spur...
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Fintech

Chengdu Grabs Approval for Fintech Sandbox Trials, Joins Eight Other Chinese Cities

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The Sichuan province capital of Chengdu has become the ninth city in China to grab approval from the Chinese central bank to...
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Fintech

Chengdu Teams up with Chinese Central Bank on Ambitions to Create Regional Fintech Hub

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The People's Bank of China (PBOC) and the Sichuan-province capital of Chengdu have worked together to produce a plan for transforming the...
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Fintech

Chengdu Development Zone Grants Fintech Subsidies to 240 Companies

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The Sichuan capital of Chengdu has ambitions to establish itself as an international fintech hub with the provision of subsidies to a slew of...
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Banking

Shanghai Pudong Development Bank Extended USD$12.14bn in Credit to Shell Companies

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China's banking regulator has penalised the Chengdu branch of the Shanghai Pudong Development Bank for providing 77.5 billion yuan (USD$12.14 billion) in loans to...
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Banking

SPD Denies Losing 160bn Yuan to Shell Companies in Chengdu

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Shanghai Pudong Development Bank (SPD) has countered claims that the bank's Chengdu branch was defrauded of billions of yuan. Chinese media reports from early April claimed...
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Most Read

Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Fintech CBNEditor - 0
Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...
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Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

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The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...
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Chinese Banks See Net Profits Decline 1.8% in 2020

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China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....
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Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

Fintech CBNEditor - 0
A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...
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