Monday, January 25, 2021
Tags China Zheshang Bank

Tag: China Zheshang Bank

Zheshang Bank Plans to Invest 2B Yuan in Launch of Fully Invested Wealth Management Subsidiary

Regional lender China Zheshang Bank hopes to join the ranks of Chinese banks that operate their own wealth management subsidiaries.

China Zheshang Bank Trials Use of Blockchain Technology to Simplify Reimbursement Procedures for Companies

Regional lender China Zheshang Bank is trialling the use of blockchain technology to facilitate the processing of reimbursements by companies.

Zheshang Bank Uses Blockchain Technology to Launch China’s First Asset-backed Commercial Paper

Zhejiang-province lender China Zheshang Bank (浙商银行) has made use of blockchain technology to help bring asset-backed commercial paper (ABCP) to the Chinese...

Chinese Banks Bet Big on the Potential of Blockchain Technology

A slew of Chinese banks have made major forays into the use of blockchain technology since the start of 2018, as China emerges as...

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

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Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

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