Sunday, January 17, 2021
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Tag: Chinese New Year bonuses

Fintech

Tencent Suspends In-person Distribution of Chinese New Year Bonuses for First Time in Nearly Two Decades

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Tech giant Tencent has suspended the in-person distribution of red packet Chinese New Year's bonuses to employees for the first time in...
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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

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The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...
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Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

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A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...
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Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

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The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...
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Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

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Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.
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