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China issues requirements for foreign banks to invest in bank industry

China issues requirements for foreign banks to invest in bank industry

2018-02-25 14:31

China issues detailed requirements for foreign banks to build or buy shares of its domestic bank industry.

Private mutual funds in China reach RMB 11.76 trillion

Private mutual funds in China reach RMB 11.76 trillion

2018-02-14 10:43

The private mutual funds in China reached a sum of RMB 11.76 trillion by the end of January.

About 20 mln UnionPay cards issued outside Chinese mainland in 2017

About 20 mln UnionPay cards issued outside Chinese mainland in 2017

2018-02-13 12:21

About 20 million UnionPay cards were issued outside the Chinese mainland in 2017.

China eyes consumer financial literacy improvement

China eyes consumer financial literacy improvement

2018-02-09 10:48

Financial literacy has become a catchphrase in China after decades of reform and opening up, with the country's economy becoming increasingly complex.

China to regulate financial holdings

China to regulate financial holdings

2018-02-09 10:39

China is making plans to regulate its financial holding conglomerates, and related regulations are in the pipeline.

Local privately offered funds start self-investigations

Local privately offered funds start self-investigations

2018-02-07 11:04

Many privately offered fund managers in Shenzhen received a notice on conducting internal reviews by the Guangdong Securities Regulatory Bureau.

BoCom wealth climate index gains

BoCom wealth climate index gains

2018-02-07 10:42

The wealth climate index released by Bank of Communications (BoCom) gained in January as households were more optimistic about income growth.

Abraaj denies media reports of having allegedly "misused funds"

Abraaj denies media reports of having allegedly "misused funds"

2018-02-05 09:24

Abraaj Group said here Sunday that "unused capital" for its Abraaj Growth Markets Health Fund (AGHF) was returned to all investors

Huarong launches Chinas first bad debt exchange: paper

Huarong launches China's first bad debt exchange: paper

2018-02-04 14:52

China Huarong Asset Management Company has set up an online platform for bad debt transactions to broaden channels for disposal of distressed debt.

Chinas new loans likely to surge in January: report

China's new loans likely to surge in January: report

2018-02-03 21:33

China's new yuan loans will likely surge to a new high in January due to robust long-term credit demand from businesses.

Chinas banking sector reports growing domestic assets in 2017

China's banking sector reports growing domestic assets in 2017

2018-02-02 14:06

China's banking sector reported growing domestic assets and debt in 2017, official data showed Thursday.

Tight IPO review in China weighs on VC, PE firms

Tight IPO review in China weighs on VC, PE firms

2018-01-31 10:32

Tightening IPO reviews by China’s securities watchdog will have profound impacts on domestic venture capitals (VC) and private equity (PE) firms.

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