Wednesday, January 27, 2021
Tags Chinese insurance sector

Tag: Chinese insurance sector

Insurers Given Greater Leeway to Invest in Capital Supplementation Bonds Issued by Chinese Banks

Chinese regulators hopes to shore up access to capital for domestic banks by loosening restrictions on investment in their bond issues by...

CBIRC Unveils 12 New Measures for Opening of Chinese Banking and Insurance Sectors

The head of the China Banking and Insurance Regulatory Commission (CBIRC) has unveiled plans to launch a dozen new measures to open...

CBIRC Warns of Fraudulent Sale of Financial Products by Insurance Professionals

The China Banking and Insurance Regulatory Commission has warned the public that members of the insurance sector are selling non-insurance financial products in breach...

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Chengdu to Issue 50M Yuan in Digital Renminbi via Record-sized Lottery

The Sichuan province capital of Chengdu is the latest Chinese city to stage trials for the issuance of the digital renminbi via...

Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...

Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...