Saturday, January 23, 2021
Tags Chinese home loans

Tag: Chinese home loans

Over 50 Chinese Banks Fined for Home Loan Infractions in 2019

The China Banking and Insurance Regulatory Commission (CBIRC) has kept up the pressure on the Chinese banking sector in 2019 with the...

Chinese First Home Loan Rates Rise for Fourth Consecutive Month to 5.51% in September

Average first home loan rates in China posted their fourth consecutive month of increase in September.

First Home Loan Rates Decline for Fourth Consecutive Month in China, Drop Back to Year-long Low

National average first home loan rates in China fell for the fourth consecutive month in March to a near year-long low.

Chinese First Home Loan Rates Fell for the First Time Last Year in December

Average first home loan rates in China posted their first decline for 2018 in the month of December, as Beijing maintained tight property and...

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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.