Friday, October 30, 2020
Tags Chinese bank wealth management subsidiaries

Tag: Chinese bank wealth management subsidiaries

PBOC Wants Bank Wealth Management Subsidiaries to Play Greater Role in Equity Financing

Senior officials from the Chinese central bank have expressed their hopes that the wealth management subsidiaries established by China's commercial lenders will...

Will New Rules for Bank Wealth Management Subsidiaries Pave Way for “Universal Licenses?”

Observers says new rules governing the wealth management subsidiaries of Chinese banks serve to dramatically expand the permitted investment scope of China's 22 trillion...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...