Sunday, January 17, 2021
Tags Greater Bay Area Finance

Tag: Greater Bay Area Finance

Greater Bay Area Processes over $2 Trillion in Cross-border Renminbi Settlement

Official data indicates that the Greater Bay Area of Guangdong province, Hong Kong and Macau continues to account for a disproportionate volume...

Greater Bay Area on Track to Launch Scheme to Connect Wealth Management Markets

Regulators are driving further financial integration of the Guangdong-Hong Kong-Macau Greater Bay Area with plans for the connection of its wealth management...

China Development Bank Plans to Extend over USD$50 Billion in Credit to Greater Bay Area

One of China's three main policy banks is stepping up lending to the Greater Bay Area comprised of Hong Kong, Macau and...

Beijing Unveils Bold Plans for Financial Integration of Guangdong, Hong Kong and Macau “Greater Bay Area”

The Chinese central government has just unveiled an ambitious new plan for the accelerated financial and trade integration of the "Greater Bay...

Zhuhai Seeks Greater Cross-border Fintech Cooperation with Hong Kong and Macau

The Guangdong province coastal city of Zhuhai is set to become a key channel for cross-border financial and fintechcooperation with the...

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.