Wednesday, October 28, 2020
Tags Chinese asset management rules

Tag: Chinese asset management rules

Finance

Tsinghua University Report Calls for China to Extend Transitional Period for New Asset Management Rules until 2022

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A new report from the Chinese central bank's finance school has called for an extension of the transitional period for key asset...
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Banking

Banks Remove Guaranteed Principal WMP’s Due to New Asset Management Rules

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Chinese banks are already suspending the sale of wealth management products (WMP's) with guaranteed principals, following the launch of new asset management regulations that...
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Most Read

Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Fintech CBNEditor - 0
Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...
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Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

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The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...
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Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

Fintech CBNEditor - 0
A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...
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Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Economy CBNEditor - 0
Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...
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