Sunday, October 25, 2020
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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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...