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Funds flowing through PBOC relending program

Funds flowing through PBOC relending program

2016-01-11 18:37

PBOC has extended 4.97 billion yuan of loans through its credit-asset pledged relending program as of the end of 2015.

China sees big rise of banks investment products in Dec

China sees big rise of banks' investment products in Dec

2016-01-08 15:16

China saw strong growth of banks' investment products issuance in December 2015, with the number rising to 5,453, the most in 2015.

CITIC Trust to seek fortune in family trust

CITIC Trust to seek fortune in family trust

2016-01-07 18:40

CITIC Trust launched Wednesday its brand "CITIC Trust, Family Trust".

Italy to build 2nd visa center in West China

Italy to build 2nd visa center in West China

2016-01-07 18:30

Italy plans to establish a visa center in Chengdu, disclosed Sergio Maffettone, Italian Consul General in Chongqing.

Shanghai Chang-Go revoked payment business license for alleged fraud

Shanghai Chang-Go revoked payment business license for alleged fraud

2016-01-07 14:52

The PBOC has revoked the payment business license of Shanghai Chang-Go for funds misappropriating and fraud reporting.

UnionPay: Chinas chip bankcard issuance likely to exceed 2 bln by end-2015

UnionPay: China's chip bankcard issuance likely to exceed 2 bln by end-2015

2016-01-07 10:27

The number of financial integrated circuit cards issued in China accumulatively is estimated to be over two billion at the end of 2015.

China rolls out 9 national standards on financial service

China rolls out 9 national standards on financial service

2016-01-05 16:16

The People's Bank of China (PBOC), the central bank, released on Tuesday nine national standards and regulations on financial services.

Chinas first prefecture-level city-based NPA bank set up

China's first prefecture-level city-based NPA bank set up

2016-01-04 11:14

China's first prefecture-level city-based non-performing asset (NPA) bank has been founded in late December 2015.

PBOC to drafte guidelines on financial supports for poverty reduction

PBOC to drafte guidelines on financial supports for poverty reduction

2015-12-31 10:09

PBOC will initiate research and drafting of guidelines on financial supports for poverty reduction

Chinas foreign debt decline hints lower solvency risks, SAFE

China's foreign debt decline hints lower solvency risks, SAFE

2015-12-30 17:07

China's foreign debt decrease hinted declining solvency risks for foreign creditors.

Shanghai, Shenzhen bourses issue guides to regulate info. disclosure

Shanghai, Shenzhen bourses issue guides to regulate info. disclosure

2015-12-30 10:36

Shanghai Stock Exchange and Shenzhen Stock Exchange issued respective guidelines to regulate information disclosure on share pledge business on Tue.

China sees 109 angel funds complete fundraising during Jan.-Nov.

China sees 109 angel funds complete fundraising during Jan.-Nov.

2015-12-28 16:51

China's angel investment market saw 109 angel funds finish fundraising during January and November, up 179.5 percent from the year-earlier period.

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