Tuesday, December 1, 2020
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Tag: China Poly Group

Banking

Central State-owned Enterprises Set to Fall to 99 Following China Poly Group Merger

CBNEditor - 0
The number of China's central state-owned enterprises will further contract following approval of a merger between China Poly Group, Sinolight Corporation and China National Arts...
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Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

Banking CBNEditor - 0
A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...
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Kuaishou Could Acquire Payments License, Joins Ranks of Chinese Tech Giants Making Forays into Finance

Finance CBNEditor - 0
Chinese video-sharing platform Kuaishou could be preparing for a foray into the fintech sector by grabbing a payments license via the acquisition...
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Bank of China Forecasts 7.5% GDP Growth for China in 2021

Economy CBNEditor - 0
Big state-owned lender Bank of China (BOC) has issued a rosy forecast for Chinese GDP growth in 2021 following efforts to contain...
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Chinese Central Bank Undertakes 200B Yuan in MLF, 150B Yuan in Reverse Repos on 30 November

Banking CBNEditor - 0
The People's Bank of China (PBOC) has announced that it undertook 200 billion yuan in medium-term lending facility (MLF) operations and 150...
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