Wednesday, October 21, 2020
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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 GDP Growth Rises to 0.7% in Third Quarter

Economy CBNEditor - 0
China's GDP growth for the first three quarters of 2020 has entered positive territory despite the initial economic impacts of the COVID-19...
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Huang Jianhui Calls for Creation of “Aircraft Carrier Fleet” of Chinese Banks and Enterprises for Expansion into Overseas markets

Banking CBNEditor - 0
A leading Chinese economist has called for the country's banks and enterprises to join together in a concerted effort to expand their...
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Loan Prime Rate Remains Unchanged for Sixth Consecutive Month in October

Economy CBNEditor - 0
Chi­na’s loan prime rate (LPR) for October has re­mained un­changed for the sixth consecutive month.  The...
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Shenzhen Lottery Winners Use Digital Renminbi to Pump Fuel, Pay for Meals

Fintech CBNEditor - 0
The winners of a recent digital renminbi lottery held in the southern tech hub of Shenzhen have used some of their proceeds...
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