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China voices firm opposition to politicization of securities regulation
China's top securities regulator on Sunday voiced firm opposition to the politicization of securities regulation.
Chinese banks' wealth management businesses remain stable
Chinese banks' wealth management businesses remained stable in recent years with a better product structure.
China's central bank to extend takeover of Baoshang Bank
PBOC on Saturday announced the extension of the takeover of the Inner Mongolia-based Baoshang Bank for another six months, starting Sunday.
China tightens regulations on insurance salesmen, agents
China's insurance regulator has unveiled two guidelines to tighten regulations on sales personnel and agents in the insurance sector.
China's shadow banking falls 16 trln yuan over past 3 years
Shadow banking levels in China have fallen by 16 trillion yuan (about 2.26 trillion U.S. dollars) over the past three years.
China Pacific Insurance reports premium income growth in first four months
China Pacific Insurance (Group) Co., Ltd. reported a 3.43-percent year-on-year growth in original premium income in the first four months of 2020.
Chinese commercial banks' bad loan ratio rises to 1.91 pct
Chinese commercial banks' bad loan ratio rose slightly in the first quarter, data from the banking regulator showed.
China's insurance sector maintains adequate solvency in Q1 despite pressure
China's insurance sector has reported adequate solvency in the first quarter (Q1) of this year despite increased operation pressure.
Fitch Ratings gets greenlight to enter China's credit rating market
China has allowed Fitch Ratings to enter its credit rating market, as part of the country's latest step to open up its financial market.
China boosts financial support for Greater Bay Area
A financial support guideline for the development of the Guangdong-Hong Kong-Macao Greater Bay Area has been issued, the central bank said Thursday.
China's insurance companies' profit down 14.44 pct in Q1
China's insurance companies saw falling profit in the first quarter as the novel coronavirus outbreak hurt businesses and investment returns.
ICBC to finance over 300 bln yuan for key sectors' development in Hubei
ICBC promised to offer no less than 300 billion yuan (about $42.33 billion ) of financing support for the development of key sectors in Hubei.
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