Friday, March 5, 2021
Tags Chinese money market funds

Tag: Chinese money market funds

Banking

Yu’e Bao’s Money Market Funds Breach 2 Trillion Yuan in Scope, Returns Drop Below 2.5%

CBNEditor - 0
Money market funds that are currently available via Ant Financial's Yu'e Bao platform have seen a sizeable rise in their collective value...
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Economy

Average Return on Chinese Money Market Funds Drops to 3.356%

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Returns on a range of fixed-income assets in China have seen ongoing declines as market liquidity becomes looser. According to a report from Cebnet.com.cn ample...
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Most Read

China Provides Deferrals for over USD$1 Trillion in Loans during COVID-19, Steps up Lending to Manufacturing and Private Enterprise

Banking CBNEditor - 0
Chinese bankers provided domestic borrowers with deferrals for more than USD$1 trillion in loans in 2020, amidst broader policy efforts to keep...
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China’s Biggest Bank Flags Commitment to Green Finance

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A senior executive from the Industrial and Commercial Bank of China (ICBC) - China and the world's biggest bank in terms of...
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Digital Renminbi to Integrate with Chinese Blockchain System “Chang’an Chain”

Economy CBNEditor - 0
The People's Bank of China (PBOC) - being the Chinese central bank - plans to integrate the Digital Renminbi with a locally...
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ByteDance Applies for Registration of “BytePay” Trademark

Fintech CBNEditor - 0
TikTok-owner ByteDance appears intent on expanding the range of online services and products it provides with its application to register aNOTHER payments-related...
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