Tuesday, March 9, 2021
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Tag: Chongqing

Bank of Chongqing IPO Brings China’s Listed A-share Lenders to 38 in Total

China has just seen the ranks of its listed A-share lenders expand to 38 with the initial public offering (IPO) on the...

National Fintech Certification Centre Launched in Chongqing

China has just launched a national certification centre for the fintech sector in the mid-western megacity of Chongqing.

Ant Group Grabs Approval for Launch of Consumer Finance Company in Chongqing

China's banking regulators have given the go-ahead to the launch of a consumer financial vehicle in the central Chinese mega-city of Chongqing...

Ant Group to Launch Consumer Finance Company in Chongqing

Chinese finch giant Ant Group plans to expand into the consumer finance sector with the launch of a new joint-venture in the...

Chongqing’s GDP Surpasses Guangzhou’s in First Half of 2020

The latest round of regional GDP data indicates that the economic output of the central Chinese mega-city of Chongqing surpassed that of...

Huobi China to Open Headquarters in Chongqing, Establish Regional Blockchain Industry Base

Seychelles-based cryptocurrency exchange Huobi plans to open new headquarters in the central Chinese mega-city of Chongqing.

Chongqing Establishes New Blockchain Innovation League with IBM, Huawei and Tencent

The central Chinese mega-city of Chongqing has teamed up with leading tech companies from China and abroad to establish its own blockchain...

Chongqing Rural Commercial Bank Grabs Approval for Wealth Management Subsidiary

China has given its approval to preparations to establish the first wealth management subsidiary of a rural commercial bank.

Chongqing Bans All P2P Activity, 29 Platforms on Track to Shut Down

The mid-western mega-city of Chongqing has shut down all P2P lending activities within its jurisdiction.

China Needs 1.5 Million More Big Data Professionals

China suffers from a shortfall in big data professionals of more than a million according to a new study from one of the country's...

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Trust Companies Sees 20% Profit Drop Amidst Squeeze on Chinese Shadow Banking

The trust sector in China posted a sharp decline in both profits and asset scale in 2020 as regulators stepped up the...

Chinese Banks Issue 52 Billion Yuan in Financial Inclusion Bonds Since Start of 2021

Commercial banks in China have continued to issue special bonds to raise funds for lending to small businesses since the start of...

China’s Foreign Trade in Goods Surges 32.2% Since Start of 2021

China saw a surge in imports and exports of goods in the first two months of 2021 as the economy continued to...

China Sets GDP Growth Target of over 6% for 2021, Aims to Create More than 11 Million New Urban Jobs

The Chinese central government has unveiled a slew of official targets for economic development in 2021.