Tuesday, March 2, 2021
Tags Policy banks

Tag: Policy banks

Faltering Bond Market Puts Greater Pressure on Chinese Policy Banks

An ailing Chinese bond market could drive the profits of Beijing's massive policy banks into negative territory. China's bond market has been in free fall...

Banking Regulator Tightens Risk Controls for Policy Banks

The China Banking Regulatory Commission has launched new measures to contain risk exposure for the country's three policy banks. The measures which come into effect...

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China Concerned over Return of Cryptocurrency Trading Following Bitcoin Price Spike

Chinese regulators are on high alert over risk issues in relation to Bitcoin trading by domestic investors following a 300% surge in...

Over 20 Chinese Provinces Include Blockchain Development Goals in 2021 Government Work Reports

China's regional authorities have flagged their commitment to the development of their local blockchain sectors with mention of the technology appearing in...

China Bans Regional Banks from Accepting Cross-border Deposits After Curbing Cross-regional Online Lending

The Chinese central bank has prohibited regional banks from accepting deposits in cities where they do not have physical branches, in a...

Shenzhen’s State-owned Assets Authority Grabs 23% Stake in Suning.com

The state-owned assets authority of the Shenzhen municipal government has just acquired a sizeable stake in Shenzhen-listed retail giant Suning.com (苏宁易购) via...