Wednesday, October 28, 2020
Tags Chinese bank WMP's

Tag: Chinese bank WMP's

Banking

Transitional Period for China’s New Asset Management Rules Extended to End of 2021 Due to COVID-19

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The Chinese central bank has extended the transitional period for new asset management rules first launched at the start of 2018 until...
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Banking

Investment in Bank WMP’s by China’s Listed Companies Hits Near 5-Year High

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The purchase of bank wealth management products (WMP's) by listed companies in China has hit its highest level in nearly five years, despite ongoing...
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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

Fintech CBNEditor - 0
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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