Saturday, January 23, 2021
Tags Chinese foreign invested banks

Tag: Chinese foreign invested banks

Banking

First Margin Trades Backed by a Foreign Bank in China Completed by Standard Chartered Following Launch of New QFII Rules

CBNEditor - 0
China has just seen the completion of the first batch of margin trades supported by foreign invested banks licensed to conduct domestic...
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Finance

MOF Pushes for Foreign Banks to Underwrite Local Government Bonds

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China's Ministry of Finance (MOF) has signalled that it will expand the role played by foreign banks in the underwriting of local...
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Banking

Foreign Banks Establish 41 Legal Person Lenders in China, Total Assets Approach $480 Billion

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The China Banking and Insurance Regulatory Commission (CBIRC) has just released a new raft of data on foreign investment in the Chinese...
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Banking

State Council Loosens Ownership and Operating Restrictions for Foreign Invested Financial Institutions in China

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The State Council has just issued a directive which further loosens restrictions on the activities of foreign-invested financial institutions in China.
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Most Read

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

Fintech CBNEditor - 0
China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...
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China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Economy CBNEditor - 0
Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...
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Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

Finance CBNEditor - 0
The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...
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Pinduoduo Owner Applies for Payments Trademark

Fintech CBNEditor - 0
A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.
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