Tuesday, January 19, 2021
Tags China Everbright Group

Tag: China Everbright Group

Banking

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

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

China Everbright Establishes New Cloud Payments Company

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State-owned conglomerate China Everbright has launched a new fintech company which focuses on facilitating the payment of fees by means of the cloud. China Everbright...
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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

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The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...
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NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

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China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...
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China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

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Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....
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China Bans Banks from Selling Depository Products via Third Party Online Platforms

Fintech CBNEditor - 0
Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...
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