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China ensures timely money transfer, disinfects banknotes

China ensures timely money transfer, disinfects banknotes

2020-02-17 10:29

China has set up a green channel for payment and clearing business to ensure the timely trsnsfer of money amid the fight against the coronavirus

Ping An Banks net profits up 13.6 pct in 2019

Ping An Bank's net profits up 13.6 pct in 2019

2020-02-17 10:27

Ping An Bank saw a 13.6-percent rise in net profits in 2019 thanks to the strong performance of retail businesse.

Chinas banks offer over 537 bln yuan credit support for epidemic control

China's banks offer over 537 bln yuan credit support for epidemic control

2020-02-15 11:20

China's banks had provided over 537 billion yuan of credit support as of Friday noon to help companies restore production.

Former chairman of China Development Bank arrested

Former chairman of China Development Bank arrested

2020-02-13 15:52

The Supreme People's Procuratorate announced Thursday that it has decided to arrest Hu Huaibang, ex-chairman of the CDB for suspected bribe-taking.

Bridgewater report bullish on investing in Chinese market

Bridgewater report bullish on investing in Chinese market

2020-02-13 14:02

The hedge fund behemoth Bridgewater Associates recently released a strategic report that includes its outlook for markets and economies.

Chinas banks offer 350-bln-yuan credit support for epidemic control

China's banks offer 350-bln-yuan credit support for epidemic control

2020-02-13 08:28

China's banks had provided over 349 billion yuan of credit support as of Tuesday noon to help companies restore production.

Global securities firms bullish on China despite coronavirus woes

Global securities firms bullish on China despite coronavirus woes

2020-02-12 17:14

Global financial service giants are bullish on the long-term growth prospects of the Chinese market.

China allocates 848 bln yuan of local govt bonds quota

China allocates 848 bln yuan of local gov't bonds quota

2020-02-12 10:53

China has allocated 848 billion yuan (about 122 billion U.S. dollars) worth of new local government bonds quota, according to the Ministry of Finance.

China greenlights Mastercards JV for bank card clearing business

China greenlights Mastercard's JV for bank card clearing business

2020-02-12 09:00

China's central bank has approved an application by Mastercard's Chinese joint venture to conduct bank card clearing business in the country.

Chinese policy bank lends over 20 bln yuan for epidemic control

Chinese policy bank lends over 20 bln yuan for epidemic control

2020-02-11 09:15

The China Development Bank (CDB） has granted emergency loans worth 20.4 billion yuan amid the novel coronavirus pneumonia (NCP) outbreak.

Online payment clearinghouse reports surging transactions

Online payment clearinghouse reports surging transactions

2020-02-10 11:22

Chinese online payment clearinghouse NetsUnion Clearing Corporation reported an increasing number of online transaction.

Chinese listed banks see steady revenue growth in 2019

Chinese listed banks see steady revenue growth in 2019

2020-02-09 14:17

China's listed banks posted improving performances in 2019 thanks to steady economic growth.

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