Tuesday, January 26, 2021
Tags Chinese wealth management subsidiary

Tag: Chinese wealth management subsidiary

Bank of Hangzhou Grabs Approval for Wealth Management Subsidiary

Bank of Hangzhou's wealth management subsidiary has obtained approval from local regulators to commence operation.

New Rules for Bank Wealth Management Subsidiaries Permit Direct Investment in Shares

New regulations governing the wealth management subsidiaries founded by Chinese banks promise to have a far-reaching impact upon the 20 trillion yuan bank wealth...

Bank of China to Invest 10B Yuan in Launch of Wealth Management Subsidiary

One of China's big four state-owned banks has unveiled plans to launch a new wealth management subsidiary. Bank of China (BOC)  plans to invest no...

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Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...

Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Research

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...

Banks in Guangzhou, Shenzhen Reportedly Suspend New Mortgages as Regulators Tighten Restrictions on Property Loans

Banks operating in the Guangdong province capital of Guangzhou have reportedly suspended the provision of new mortgages following the imposition of caps...