Sunday, April 18, 2021
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Banking

JDD Enters Strategic Cooperative Agreement with Jinshang Bank for Fintech Collaboration

CBNEditor - 0
The fintech unit of e-commerce giant JD.com has entered a strategic cooperative agreement with Hong Kong-listed regional lender Jinshang Bank (ζ™‹ε•†ι“Άθ‘Œ).
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Banking

Jinshang Bank Plans to Raise $600M via IPO in Hong Kong

CBNEditor - 0
Shanxi province-lender Jinshang Bank (ζ™‹ε•†ι“Άθ‘Œ) plans to list on the Hong Kong Stock Exchange next year according to reports from China's domestic press. According to...
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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

Economy CBNEditor - 0
China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...
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China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Economy CBNEditor - 0
Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...
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MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

Banking CBNEditor - 0
The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...
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PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

Fintech CBNEditor - 0
The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...
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