Wednesday, January 20, 2021
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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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...