Wednesday, January 27, 2021
Tags Money market funds

Tag: Money market funds

Money Market Fund Assets Rise to Record High

Assets under management by Chinese money market funds have risen to a record high, on the back of demand from savers for better investment...

China’s Money Market Fund Assets Expand to Record-breaking $880 Billion

Money market fund assets expanded to a record-breaking size at the end of July following six consecutive months of increase. The latest data from the...

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Virtual Lender ZA Bank Obtains Insurance Agency License in Hong Kong

One of Hong Kong's first virtual lenders has just obtained a license to also operate as a virtual insurance agency less than...

Chengdu to Issue 50M Yuan in Digital Renminbi via Record-sized Lottery

The Sichuan province capital of Chengdu is the latest Chinese city to stage trials for the issuance of the digital renminbi via...

Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...