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Chinas asset management industry sees slower growth as regulation tightens

China's asset management industry sees slower growth as regulation tightens

2018-01-12 16:06

China's asset management business expanded more slowly last year as authorities tightened regulations.

Lithuanian central bank to launch blockchain service

Lithuanian central bank to launch blockchain service

2018-01-10 10:26

The Bank of Lithuania announced it would launch a platform service for financial technology companies to test their blockchain based solutions.

Ant Financial apologizes for online credit trickery

Ant Financial apologizes for online credit trickery

2018-01-05 09:53

Ant Financial, an affiliate of Alibaba, apologized Wednesday for a checked-by-default option on Alipay's annual bills.

Chinas "new third board" turnover hits 227 billion yuan

China's "new third board" turnover hits 227 billion yuan

2018-01-04 09:00

China's National Equities Exchange and Quotations (NEEQ), known as the "new third board," had more than 227 billion yuan in turnover in 2017.

Big insurers to deploy health care and elderly care sectors in 2018

Big insurers to deploy health care and elderly care sectors in 2018

2018-01-03 16:07

How the big insurance companies will make deployment in the market in 2018 attracts attention from the market.

Agricultural Bank of China debuts facial recognition withdrawal in Tibet

Agricultural Bank of China debuts facial recognition withdrawal in Tibet

2018-01-02 09:38

The Agricultural Bank of China (ABC) has introduced facial recognition technology at its ATM in southwest China's Tibet Autonomous Region.

China looks for right balance between financial innovation, risk

China looks for right balance between financial innovation, risk

2017-12-30 10:00

The popularity of QR code is only an example of the revolutionary changes brought by financial technology (fintech).

Chinas banking sectors total assets rise to 244 trln yuan

China's banking sector's total assets rise to 244 trln yuan

2017-12-26 15:11

China's banking sector's total assets were 244.44 trillion yuan at the end of November, up 10 percent year on year.

Small, micro-sized enterprises get most attention from banks: survey

Small, micro-sized enterprises get most attention from banks: survey

2017-12-24 20:37

Small and micro enterprises have earned most attention from banks for the first time.

Chinas biotech industry output to exceed 1.21 trillion dollars by 2020

China's biotech industry output to exceed 1.21 trillion dollars by 2020

2017-12-20 10:27

The output of China's biotechnology industry will rise to 8 to 10 trillion yuan (1.21 to 1.51 trillion U.S. dollars) by 2020, according to a report.

China securities watchdog issues record fines in 2017

China securities watchdog issues record fines in 2017

2017-12-18 10:24

The CSRC has issued a record 7.324 billion yuan of fines so far this year, amid a crackdown on insider trading and market manipulation.

CBRC: banking sector opens up steadily

CBRC: banking sector opens up steadily

2017-12-14 16:15

CBRC:relax restrictions on the proportion of foreign-owned shares of Chinese banks and financial assets management companies other than private banks.

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