Wednesday, January 20, 2021
Tags Chinese wealth management

Tag: Chinese wealth management

Finance

Ant Financial Teams up with Vanguard to Provide Financially Inclusive Wealth Management Services from Just 800 Yuan

CBNEditor - 0
Alibaba-backed fintech giant Ant Financial and US asset manager Vanguard have obtained approval from China's securities regulator for a joint-venture that will...
Read more
Banking

Postal Savings Bank of China Opens Wealth Management Subsidiary

CBNEditor - 0
One of China's big six state-owned banks has opened its own wealth management subsidiary.
Read more
Banking

Everbright Bank’s Wealth Management Unit Grabs Approval to Commence Operation

CBNEditor - 0
China Everbright Bank has become the first joint-stock bank in China to obtain approval from the Chinese banking regulator to commence operation...
Read more
Banking

CBIRC to Set 500M Yuan Minimum on Net Capital of Bank Wealth Management Subsidiaries

CBNEditor - 0
The China Banking and Insurance Regulatory Commission (CBIRC) plans to set a new minimum on the net capital of bank wealth management...
Read more
Banking

Huishang Bank Grabs Approval for Wealth Management Subsidiary

CBNEditor - 0
A leading regional lender has obtained approval from the Chinese authorities to establish its own wealth management subsidiary.
Read more
Banking

Chinese Banks Accelerate Shift from Principal-Guaranteed to Net-Value Wealth Management Products

CBNEditor - 0
Chinese banks are accelerating their shift away from principal-guaranteed wealth management products (WMP) to net-value WMP's over a year after Beijing's banning...
Read more
Banking

Agricultural Bank of China Becomes Fifth Big Lender to Obtain Approval for Wealth Management Operations

CBNEditor - 0
Big six state-owned lender Agricultural Bank of China (ABC) has become the latest member of the Chinese banking sector to obtain approval...
Read more
Banking

Du Xiaoman Financial to Help China Everbright Set up Fintech-Assisted Wealth Management Subsidiary

CBNEditor - 0
Baidu fintech spin-off Du Xiaoman Financial (度小满金融) will help commercial lender China Everbright Bank to set up a wealth management subsidiary with...
Read more
Banking

China’s Robo-advisory Market Expected to Reach 737.05B Yuan by 2022: Lufax White Paper

CBNEditor - 0
Ongoing fintech advances are expected to drive the size of the Chinese market for artificial intelligence-assisted wealth management to over 737 billion...
Read more
Banking

Bank of Ningbo Becomes Second Municipal Lender to Grab Approval for Wealth Management Subsidiary

CBNEditor - 0
Bank of Ningbo has become the second municipal commercial bank in China after Bank of Hangzhou to obtain approval from regulators for...
Read more
1234Page 2 of 4

Most Read

Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

Fintech CBNEditor - 0
The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...
Read more

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

Economy CBNEditor - 0
China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...
Read more

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Economy CBNEditor - 0
Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....
Read more

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Fintech CBNEditor - 0
Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...
Read more

ABOUT US

China Banking News covers all the latest news and development in the Chinese finance and fintech sectors.

Contact us: [email protected]

FOLLOW US