Friday, January 22, 2021
Tags Chinese financial sector assets

Tag: Chinese financial sector assets

Total Assets of Chinese Financial Institutions Exceed $50 Trillion as of Q2 2020

The latest official data points to a double-digit YoY rise in the total assets of the Chinese financial sector.

Total Assets of China’s Financial Sector Exceed USD$47 Trillion at End of First Quarter 2020

The latest data from the Chinese central bank indicates that assets of the Chinese financial sector cross the USD$47 trillion threshold in...

Assets of Financial Sector Institutions in China Total $45.12 Trillion at end of 2019

China's financial sector assets have seen a six trillion yuan increase over the past quarter alone.

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.