Wednesday, January 20, 2021
Tags Chinese wealth management

Tag: Chinese wealth management

Banking

Bank of Hangzhou Becomes First Municipal Lender to Obtain Approval for Wealth Management Subsidiary

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Bank of Hangzhou has just become the first municipal commercial bank in China to garner approval from regulators for its own wealth...
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Banking

Over One Fifth of Chinese Netizens Use Online Wealth Management Services

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A new report on China's online wealth management sector indicates that the number of clients on the market has already exceeded 170...
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Banking

Bank of China’s Wealth Management Vehicle Grabs Approval to Commence Operation

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Big state-owned lender Bank of China has just garnered approval from Chinese regulators for its wealth management vehicle to commence operations.
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Banking

Industrial Bank Becomes Third Joint-stock Commercial Bank Approved for Wealth Management Subsidiary

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China's banking regulator has given its approval for a third joint-stock commercial bank to prepare to establish its own wealth management subsidiary....
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Banking

Bank of Communications Completes Industrial and Commercial Filing for Wealth Management Subsidiary

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One of China's leading state-owned leaders has completed a key registration procedure for its wealth management subsidiary.
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Banking

All of China’s Big Six Banks Greenlit for Wealth Management Subsidiaries Following PSBC Approval

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Postal Savings Bank of China (PSBC) has become the last of the six big state-owned lenders to obtain approval for the establishment...
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Banking

ICBC, China Construction Bank Grab Approval for Wealth Management Subsidiaries to Operate

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Two of China's leading state-owned lender have obtained approval from the banking regulator for their wealth management subsidiaries to commence operation.
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Banking

Everbright and China Merchants Bank Garner Approval for Wealth Management Subsidiaries

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China Everbright Bank and China Merchants Bank have both grabbed approval from Beijing to launch their own wealth management subsidiaries.
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Banking

Interbank Wealth Management Balance Drops 80% Compared to 2016

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China's interbank wealth management balance has seen its second consecutive year of decline amidst Beijing's financial deleveraging campaign.
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Banking

15 Chinese Banks Fined 7.5M Yuan as Wealth Management Infractions Targeted

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The Chinese banking regulator has slapped over a dozen lenders with a slew of fines for regulatory infractions, focusing in particular upon...
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Most Read

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

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