Tuesday, January 19, 2021
Tags Chinese online asset management

Tag: Chinese online asset management

Online Asset Management Crackdown Drives Sales Licenses to Over $14mn

China's crack down on illicit operators in the online asset management sector has driven the price of fund sales licenses to as high as...

Beijing Steps up Scrutiny of Online Asset Management, Targets Unlicensed Operators

Chinese regulators are intensifying scrutiny of online asset management amidst a broader crackdown on the near $16 trillion asset management sector. China's Internet Financial Risk Special Rectification Work...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...