Sunday, April 18, 2021
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Tag: China Cinda Asset Management

Banking

ICBC and China Cinda to Jointly Grab Near 18% Stake in Beleaguered Bank of Jinzhou

CBNEditor - 0
ICBC and China Cinda Asset Management have both announced that they will acquire stakes in troubled north-eastern lender Bank of Jinzhou.
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Banking

China Orient Raises 18bn Yuan in Capital to Pile up on Bad Debt

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China's big four asset management companies are beefing up their working capital in anticipation of expanded purchases of non-perforing loans. China Orient Asset Management has...
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Most Read

Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

Economy CBNEditor - 0
China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...
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China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Economy CBNEditor - 0
Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...
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MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

Banking CBNEditor - 0
The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...
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PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

Fintech CBNEditor - 0
The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...
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