Friday, January 22, 2021
Tags Chinese shares

Tag: Chinese shares

Northbound Capital Flows via Stock Connect Initiatives Hit 66.2B Yuan since Start of 2019

Northbound inflows of foreign capital into the A-share market via China's stock connect initiatives has hit record highs since the start of...

Hong Kong Hopes to Use Blockchain to Facilitate Foreign Trading of Mainland Chinese Shares

Hong Kong Exchanges and Clearing (HKEX) plans to use distributed ledger technology to facilitate the trading of domestic Chinese shares by foreign investors via...

Commercial Banks Allowed to Directly Invest Wealth Management Product Proceeds in Stocks

New amendments to investment regulations permit Chinese commercial banks to directly invest the proceeds of wealth management products (WMP) into stocks. The China Securities Depository...

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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.