Banks

China’s Banks See First-Half Bad Loan Ratios Climb as Hidden Risks Are Exposed

China’s Banks See First-Half Bad Loan Ratios Climb as Hidden Risks Are Exposed

The non-performing loan ratio of Chinese banks rose slightly at the end of June after staying stable for five consecutive…

Aug 14, 2018
Song Yikang
Lax Risk Control Puts 200 Chinese Banks in Regulator’s Bad Books

Lax Risk Control Puts 200 Chinese Banks in Regulator’s Bad Books

Lax Risk Control Puts 200 Chinese Banks in Regulator’s Bad Books. China’s top banking regulator punished hundreds of banks last…

Aug 10, 2018
Chen Hongjie
WeChat Pay Hong Kong Unveils Credit Card Repayments for ICBC Asia Customers

WeChat Pay Hong Kong Unveils Credit Card Repayments for ICBC Asia Customers

WeChat Pay Hong Kong, the payment platform run by Chinese tech giant Tencent, has rolled out credit card repayment services…

Aug 7, 2018
Liu Jing & Liao Shumin
PBOC Aims to Improve Yuan’s Convertibility in Second Half

PBOC Aims to Improve Yuan’s Convertibility in Second Half

China aims to enhance the yuan’s capital account convertibility in the second half as part of Beijing’s efforts to open…

Aug 2, 2018
Xu Wei
Bank of Shanghai Doesn’t Run the Fund It Reportedly Can’t Repay, Lender Says

Bank of Shanghai Doesn’t Run the Fund It Reportedly Can’t Repay, Lender Says

Reports that the Bank of Shanghai is unable to repay investors that poured money into a CNY27 billion (USD4 billion) wealth management product are untrue, according to the lender.

Jul 25, 2018
Xu Wei
Deposit Rates Dive as China Banks Enjoy Loosened Liquidity

Deposit Rates Dive as China Banks Enjoy Loosened Liquidity

Deposit Rates Dive as China Banks Enjoy Loosened Liquidity. China’s treasury deposit interest rates have tumbled by more than a…

Jul 18, 2018
She Qingqi
Bank of Hangzhou Ponders How to Stop the Losing Streak in Share Price

Bank of Hangzhou Ponders How to Stop the Losing Streak in Share Price

Bank of Hangzhou will plan how to stabilize its stock price which has been falling below its audited book value…

Jul 17, 2018
Xu Zuwei & Liao Shumin
Deutsche Bank Gets Go-Ahead to Underwrite Corporate Bonds in China

Deutsche Bank Gets Go-Ahead to Underwrite Corporate Bonds in China

Deutsche Bank has received approvals from China’s central bank making it the sixth foreign bank able to underwrite corporate bonds in the country.

Jul 13, 2018
Dou Shicong
PBOC Pledges to Fix Internet Finance Risks in One, Two Years

PBOC Pledges to Fix Internet Finance Risks in One, Two Years

The People’s Bank of China recently held a meeting on the next phase of its special rectification of internet finance…

Jul 10, 2018
Liao Shumin
China’s First Bank Membership Outlet Opens in New Retail Pilot

China’s First Bank Membership Outlet Opens in New Retail Pilot

Big state-backed Bank of China has recently partnered with fintech company Beijing WhichBank Information Technology to set up the first…

Jul 9, 2018
Dou Shicong
Banks Lent More to China’s Real Economy Firms Last Year

Banks Lent More to China’s Real Economy Firms Last Year

The worth of loans that China's banks have issued, particularly to manufacturers and service providers, as well as to small-…

Jul 4, 2018
Dou Shicong
EU Blesses China's Legend Holdings Buyout of Banque Internationale a Luxembourg

EU Blesses China's Legend Holdings Buyout of Banque Internationale a Luxembourg

Chinese investment firm Legend Holdings, the controlling shareholder of its better-known subsidiary, the Lenovo Group, has succeeded in buying a…

Jul 4, 2018
Xu Wei

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