Monday, November 30, 2020
Tags Hainan province

Tag: Hainan province

China Railway Investment to Acquire 12% Stake in Bank of Hainan

The investment vehicle of China's state-owned railway company has agreed to acquire a sizeable stake in the top regional lender for Hainan...

China Releases Master Plan for Hainan Free Trade Port

The Chinese central government has just released its long-awaited master plan for the development of a free trade port in the southern...

Hainan Free Trade Zone Launches Billion Yuan Blockchain Fund

The island province of Hainan has unveiled plans to launch a blockchain enterprise development fund in China's first ever authorised blockchain pilot...

Hainan Province Targets Fake Marriages for Real Estate Speculation Purposes

The island province of Hainan is adopting strict measures to prevent property speculation in the lead up to its transformation into a free trade...

Beijing Wants Hainan Province to Become Eco-friendly Sports Betting Hub

China's central government has unveiled a new policy package for Hainan province that outlines its transformation into a sports gambling hub, as well as...

Hainan Province to be Converted into Free Trade Zone

President Xi Jinping has announced that the southern island province of Hainan will become host to China's first "international free trade port", as part...

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Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...

Kuaishou Could Acquire Payments License, Joins Ranks of Chinese Tech Giants Making Forays into Finance

Chinese video-sharing platform Kuaishou could be preparing for a foray into the fintech sector by grabbing a payments license via the acquisition...

Bank of China Forecasts 7.5% GDP Growth for China in 2021

Big state-owned lender Bank of China (BOC) has issued a rosy forecast for Chinese GDP growth in 2021 following efforts to contain...

Chinese Central Bank Undertakes 200B Yuan in MLF, 150B Yuan in Reverse Repos on 30 November

The People's Bank of China (PBOC) has announced that it undertook 200 billion yuan in medium-term lending facility (MLF) operations and 150...