China Stock Market
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China Huarong to auction RMB51.5 bln bad loans on Alibaba's Taobao
China Huarong Asset Management Co., Ltd. (02799.HK) announced on Tuesday that it will put 51.5 billion yuan of bad loans for sale on Taobao.com.
HSBC Bank (China) starts offering 1M, 3M, 6M, 12M, 24M CDs for businesses
HSBC Bank (China) started to issue 1-month, 3-month, 6-month, 12-month and 24-month certificates of deposit (CD) for institutional clients.
Investment schemes registered by insurance asset managers fall in Nov.
Investment schemes registered by China's insurance asset management companies in November dropped on a monthly basis.
China likely to execute negative list administration over P2P industry
China is likely to release detailed supervision rules governing the P2P industry in the second half of next year at the earliest.
Shannghai clears RMB13 mln contract RMB-denominated container freight swaps
Shanghai Clearing House cleared 13.07 mln yuan worth of yuan-denominated and ship container freight swap agreements at the debut of these contracts.
China extends currency swap agreement with UAE
China's central bank extended a currency swap agreement with the central bank of the United Arab Emirates (UAE) on Monday.
UnionPay launches electronic bankcard substitute product for mobile payment
China UnionPay launched an electronic bankcard substitute product jointly with over 20 commercial banks on Saturday.
China to offer risk compensations to boost technology transfer financing
China will use national funds for technology transfer to provide risk compensation to banks, to facilitate technology transfer loans.
China to unfold financial reform next year
“2016 will mark an important year for China’s financial reform,” many industrial insiders interviewed unanimously expressed this opinion.
Chinese banks' WMP yields fall to 2-yr low in Nov.
The expected yields of wealth management products issued by banks in China showed a downward trend and tumbled to a 2-year low in November
China forbids government funds from investing in stocks
Chinese Ministry of Finance issued on Tuesday administrative rules on government investment funds, which do not allow them to be invested in stocks.
CIRC tightens control over high cash value insurance products
CIRC has released a draft of rules for public comment on further strengthening the supervision over insurance products with high cash value.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails
