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Chinese trust companies
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Chinese trust companies
Finance
Trust Companies Sees 20% Profit Drop Amidst Squeeze on Chinese Shadow Banking
CBNEditor
-
March 9, 2021
0
The trust sector in China posted a sharp decline in both profits and asset scale in 2020 as regulators stepped up the...
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Finance
China’s Financial Authorities Take over Nine Insurers, Trust Companies and Brokers
CBNEditor
-
July 18, 2020
0
China's top financial authorities have taken over control of a slew of companies in the finance sector following regulatory breaches.
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Finance
Assets under Management of China’s 68 Trust Companies Drop 4.85% YoY in 2019
CBNEditor
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March 23, 2020
0
Data from China's peak body for the trust sector indicate that assets under management dropped by over 4.8% YoY in 2019....
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Banking
Spot Inspections of Trust Firms Leads to Suspension of Conduit Business for Banks
CBNEditor
-
May 30, 2018
0
The China Banking and Insurance Regulatory Commission has launched nation-wide on-site spot inspections of financial institutions including trust companies, as part of its ongoing...
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Most Read
Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor
Banking
CBNEditor
-
April 14, 2021
0
The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms
Finance
CBNEditor
-
April 14, 2021
0
The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March
Economy
CBNEditor
-
April 14, 2021
0
China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021
Banking
CBNEditor
-
April 14, 2021
0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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