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ICBC, Goldman Sachs to set up joint venture on wealth management

ICBC, Goldman Sachs to set up joint venture on wealth management

2021-05-27 14:41

The Industrial and Commercial Bank of China (ICBC) and Goldman Sachs Asset Management will cooperate to set up a joint venture on wealth management.

Chinas privately offered funds expand in April

China's privately offered funds expand in April

2021-05-24 11:45

China's privately offered funds hit 17.79 trillion yuan (about 2.77 trillion U.S. dollars) by the end of April.

Chinese see private wealth expand: report

Chinese see private wealth expand: report

2021-05-24 11:45

Private wealth in China has seen steady expansion as the country's economy continues to power ahead.

Chinas public offering fund volume tops 21 tln yuan

China's public offering fund volume tops 21 tln yuan

2021-05-24 08:19

The scale of China's public offering funds had declined month on month by the end of March.

China imposes 2.28 bln yuan in fines on financial institutions in 2020

China imposes 2.28 bln yuan in fines on financial institutions in 2020

2021-05-21 16:59

China's top banking and insurance regulator filed fines totaling 2.275 billion yuan on banks and insurance institutions.

Chinas loan prime rates remain unchanged

China's loan prime rates remain unchanged

2021-05-20 10:07

China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.85 percent Thursday.

Chinas central bank conducts 10 bln yuan of reverse repos

China's central bank conducts 10 bln yuan of reverse repos

2021-05-14 11:00

China's central bank Friday conducted 10 billion yuan (about 1.55 billion U.S. dollars) of reverse repos.

Chinas newly added social financing at 1.85 trln yuan in April

China's newly added social financing at 1.85 trln yuan in April

2021-05-13 10:04

China's newly added social financing came in at 1.85 trillion yuan (about 287.9 billion U.S. dollars) in April.

Chinas outstanding loans to private businesses up 29 pct

China's outstanding loans to private businesses up 29 pct

2021-05-10 09:42

China's outstanding loans to individual businesses stood at 5.4 trillion yuan (about 834.9 billion U.S. dollars) at the end of March.

Chinas forex reserves rise in April

China's forex reserves rise in April

2021-05-07 16:16

China's foreign exchange reserves expanded to 3.1982 trillion U.S. dollars at the end of April.

Chinas central bank conducts 10 bln yuan of reverse repos

China's central bank conducts 10 bln yuan of reverse repos

2021-05-07 10:18

China's central bank Friday conducted 10 billion yuan (about 1.55 billion U.S. dollars) of reverse repos.

Chinas bank wealth management market expands

China's bank wealth management market expands

2021-05-04 14:36

China's bank wealth management market expanded and saw more new investors in the first quarter of the year, showed industry data.

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