Tuesday, January 26, 2021
Tags Chinese banking reform

Tag: Chinese banking reform

Banking

China’s Top Financial Authority Calls for Greater Reform and Capital Supplementation for Smaller Banks

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China's Financial Stability and Development Committee (FSDC) (国务院金融稳定发展委员会) has called for greater reform of China's smaller lenders and expansion to their capital...
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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Fintech CBNEditor - 0
Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...
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Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

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The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...
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Chinese Banks See Net Profits Decline 1.8% in 2020

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China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....
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Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

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