Sunday, January 24, 2021
Tags Chinese asset management companies

Tag: Chinese asset management companies

Banking

CBIRC Hopes to Accelerate Disposal of Bad Assets with Bundle Transfers of Personal NPL’s

CBNEditor - 0
The China Banking and Insurance Regulatory Commission (CBIRC) plans to add another channel for the disposal of bad assets with the launch...
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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

Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

Fintech CBNEditor - 0
China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...
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China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Economy CBNEditor - 0
Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...
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Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

Finance CBNEditor - 0
The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...
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Pinduoduo Owner Applies for Payments Trademark

Fintech CBNEditor - 0
A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.
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