Tuesday, January 19, 2021
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Banking

SPD Bank Makes Record Breaking 50B Yuan Issue of Convertible Bonds

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Shanghai Pudong Development Bank (SPD Bank) is making the biggest ever issue of convertible bonds in mainland China.
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Banking

SPD Bank Teams up with Baidu and China Mobile to Create “Digital Person” for Its Mobile App

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Shanghai Pudong Development Bank is teaming up with Baidu and China Mobile to create a "digital person" (数字人) as part of its...
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Fintech

Shanghai Pudong Development Bank Plans to Launch Fintech Investment Fund

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One of China's leading commercial banks has unveiled plans to launch a new fund that specialises in fintech sector investments. Shanghai Pudong Development Bank has...
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Banking

Shanghai Pudong Development Bank Launches Fintech Cooperative Community

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One of China's leading commercial lenders has launched a new initiative to foster collaborative fintech development with some of the world's biggest IT companies. Shanghai...
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Most Read

Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

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The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...
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NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

Economy CBNEditor - 0
China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...
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China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Economy CBNEditor - 0
Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....
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China Bans Banks from Selling Depository Products via Third Party Online Platforms

Fintech CBNEditor - 0
Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...
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