Monday, January 25, 2021
Tags Chinese securities sector

Tag: Chinese securities sector

Chinese Brokerages See Net Profits Drop 50% On-month in August

Chinese brokerages have seen a sharp plunge in their net profits in August compared to the preceding month.

China to Cancel Foreign Ownership Ceiling for Securities Firms on 1 April: CSRC

China's securities regulator has set a concrete date for the removal of ceilings on foreign investment in domestic securities firms.

JPMorgan Becomes First US Bank Approved for Majority-owned Securities Venture in China

JPMorgan Chase has obtained approval from Chinese regulators to launch its own majority-owned securities business in the Middle Kingdom.

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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...