Thursday, October 29, 2020
Tags Chinese finance sector

Tag: Chinese finance sector

Removal of Financial Sector from Foreign Investment Negative List Lets “100 Flowers Blossom at Once”: PBOC

A senior official from the Chinese central bank has hailed ongoing efforts to remove restrictions on foreign investment in the Chinese financial...

CBIRC Greenlights Ueda Yagi Tanshi for Establishment of China’s First Wholly Foreign Invested Currency Brokerage

The China Banking and Insurance Regulatory Commission (CBIRC) has just given the greenlight to the launch of China's first wholly foreign owned...

Shenzhen’s Qianhai New District Flags Cancellation of Entry Restrictions for Foreign Investors

The Shenzhen municipal government has launched a raft of measures for further driving the financial opening of its Qianhai New District.

China Will “Comprehensively” Open up Financial Sector: Central Bank Chief

The head of the People's Bank of China (PBOC) has reiterated Beijing's commitment to opening up of the Chinese financial sector in a recently...

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Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...

Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...