Thursday, October 22, 2020
Tags Consumer

Tag: Consumer

90% of Consumer Loan Asset Backed Securities Issued by Unlicensed Institutions

New data indicates that the vast majority of consumer loan asset backed securities (ABS)  on China's interbank and exchange market are issued by unlicensed...

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PBOC to Issue New Rules on Assessment of Systemically Important Banks

A senior official has flagged the imminent launch by the Chinese central bank (the People's Bank of China) of new rules governing...

China’s Live Streaming E-commerce Market Set to Breach 1 Trillion Yuan in 2020

A new report from KPMG and Alibaba sees the live streaming e-commerce market in China exceeding one trillion yuan (approx. USD$150 billion)...

Ping An Bank Enters Strategic Partnership with JDD, Launches Joint Credit Card

The lending unit of Ping An Group and JD.com's fintech vehicle have just entered a strategic partnership covering a range of areas....

Chinese Central Bank to Unveil Fintech Development Indices at Financial Street Forum

The People's Bank of China (PBOC) plans to launch new indices on fintech development in order to expedite the growth of the...