Sunday, October 25, 2020
Tags Chinese brokerages

Tag: Chinese brokerages

Chinese Brokerages See Net Profits Drop 50% On-month in August

Chinese brokerages have seen a sharp plunge in their net profits in August compared to the preceding month.

Over 60% of China’s A-share Brokerages See YoY Net Profit Growth Since Start of 2020

Many of China's listed brokerages have posted a reasonable growth performance in the first half of 2020 despite the averse impacts of...

Bank of China’s Securities Vehicle Grabs Baidu Big Data Exec as Chief Science Officer

Bank of China's securities subsidiary has become the first player in the sector to appoint its own chief science officer (CSO).

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...