Friday, January 22, 2021
Tags Chinese privately offered funds

Tag: Chinese privately offered funds

Bank of Communications Becomes Fifth Big State-owned Lender to Grab Privately Offered Fund License

Five of China's six big state-owned banks have grabbed licenses from regulators for their debt-equity conversion vehicles to operate privately offered investment...

Assets of China’s Privately Offered Funds Hit 13.42T Yuan at end of July

The assets under management of China's privately offered funds exceeded 13.4 trillion yuan as of the end of July.

20 of China’s Privately Offered Fund Managers Have Their Registrations Cancelled

A slew of privately offered fund managers in China have just had their registrations cancelled over a range of improprieties.

Private Funds in China Post 1.68T Yuan Expansion in 2018 Despite Heavy Liquidations

Official data from China's peak body for the asset management sector points to a surge in assets under management amongst privately offered...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.