Sunday, October 25, 2020
Tags Chinese oil futures

Tag: Chinese oil futures

Bank of China under Investigation by CBIRC over $85 Million in Crude Oil Futures Losses

China's banking authority has announced the launch of an official investigation into one of the country's big state-owned lenders over heavy losses...

Bank of China Offers 20% Compensation Plan to Clients Burnt by Crude Oil Futures

Bank of China (BOC) has put together a compensation plan for clients of the state-owned lender who sustained heavy losses on its...

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...