Banks

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
PBOC Reassures Markets Over Yuan Stability

PBOC Reassures Markets Over Yuan Stability

In an unusual step, both the governor and deputy governor of the People’s Bank of China assured foreign exchange traders…

Jul 3, 2018
Xu Wei & Chen Juan
China's Four Largest Banks Top Global Ranking for First Time

China's Four Largest Banks Top Global Ranking for First Time

China's four largest commercial lenders have topped an annual global ranking of 1,000 banks for the first time.

Jul 3, 2018
Xu Wei
China’s AgBank Opens London Branch Ahead of Brexit

China’s AgBank Opens London Branch Ahead of Brexit

Agricultural Bank of China has opened a branch in the UK capital, becoming the seventh Chinese commercial lender to open…

Jun 27, 2018
Dou Shicong
 Maintaining Global Liquidity Is Critical as Dollar Rallies, BIS Research Head Says

Maintaining Global Liquidity Is Critical as Dollar Rallies, BIS Research Head Says

Maintaining Global Liquidity Is Critical as Dollar Rallies, BIS Research Head Says.An economic advisor at the Bank for International…

Jun 27, 2018
Xu Wei
China Cuts Off Shantytown Renovation Funding on Local Government Debt Fears

China Cuts Off Shantytown Renovation Funding on Local Government Debt Fears

China Development Bank has brought a halt to new funding for renovation plans in the country’s most impoverished areas citing risks associated with rising local government debt.

Jun 27, 2018
Liao Shumin

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