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Chinese microloans
Tag:
Chinese microloans
Finance
CBIRC Steps up Pressure on Use of Microloan Funds for Investment in Stocks and Derivatives
CBNEditor
-
September 18, 2020
0
The China Banking and Insurance Regulatory Commission (CBIRC) is stepping up efforts to prevent the use of funds from microloan companiess for...
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Banking
Microfinance Companies in China See Outstanding Loans Decline by USD$4.83 Billion in First Quarter of 2020
CBNEditor
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July 27, 2020
0
The latest data from the Chinese central bank points to sizeable declines in both the number the outstanding loan balance of Chinese...
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Fintech
Guangzhou to Allow Establishment of Wholly Foreign-invested Micro-loan Companies
CBNEditor
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May 28, 2020
0
The Guangdong province capital of Guangzhou has just announced that it will allow foreign investment in micro-loan companies within its jurisdiction as...
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Finance
Online Microloan Companies in China Set to Come under Unified Regulation
CBNEditor
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April 17, 2019
0
China's 280 online microloan companies are expected to soon come under unified administrative regulation according to domestic media reports.
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Most Read
Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO
Fintech
CBNEditor
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October 23, 2020
0
Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
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China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion
Economy
CBNEditor
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October 23, 2020
0
China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
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Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum
Economy
CBNEditor
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October 23, 2020
0
Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...
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PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence
Fintech
CBNEditor
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October 23, 2020
0
A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...
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