Monday, January 25, 2021
Tags Chinese securities firms

Tag: Chinese securities firms

CSRC to Loosen Requirements for Key Shareholders in Chinese Securities Companies

China's securities regulator has unveiled plans to loosen restrictions on the key shareholders in domestic securities firms.

Bank of China’s Securities Vehicle Grabs Baidu Big Data Exec as Chief Science Officer

Bank of China's securities subsidiary has become the first player in the sector to appoint its own chief science officer (CSO).

Beijing Sets Timeframe for Cancellation of Foreign Investment Ceilings for Chinese Securities Firms

The Chinese central government has outlined a new timetable for the removal of foreign ownership ceilings for companies in the domestic securities...

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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...