China Stock Market
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Analyst says China's Central bank will implement Crypto in 20 years
Blockchain Research Institute Chairman, Don Tapscott predicts China’s central bank will digitize their national currency within twenty years.
Ping An Bank net profit up 13 pct in Q1
Ping An Bank, a Shenzhen-listed lender controlled by Ping An Insurance, posted 12.9 percent annual growth in net profit for the first quarter of 2019.
Belt and Road Initiative provides financing platforms for cooperation
Development and policy-oriented financing has revved up support for the Belt and Road development in the past years.
China Exim Bank's B&R loans surpasses 1 trln yuan
The Export-Import Bank of China said its outstanding loans for the Belt and Road Initiative (BRI) has surpassed 1 trillion yuan up to now.
China Everbright Bank approved to set up wealth management unit
China Everbright Bank (CEB), a joint stock lender, has been approved to establish a subsidiary focusing on wealth management business.
China Life insurance premiums grow over 11 pct
Premium income in the January-March period totaled 272.4 billion yuan (about 40.7 billion U.S. dollars).
Tianhong Asset Management Co. sees profits exceed 3 bln yuan
Profits of Tianhong Asset Management Co,jumped 15.82 percent year on year to 3.07 billion yuan ($ 458.2 million ) in 2018.
Profit of Guosen Securities drops in 2018
Guosen Securities, one of China's leading brokerages, posted an annual profit drop of 25.17 percent year-on-year to 3.42 billion yuan in 2018.
ICBC Turkey named best investment bank of 2018
The Turkish subsidiary of the ICBC on Wednesday evening was awarded for its contributions to institutionalized securities brokerage in Turkey.
Major U.S. big banks reap robust first-quarter profits
Goldman Sachs and Citigroup, reported stronger-than-expected profits amid declining revenues for the first quarter on Monday.
China's special fund invests over 6 bln yuan in SME projects
A special fund established to support the country's SMEs has allocated more than 6 billion yuan of investments in SMEs.
China's financial institutions report growing assets
Chinese financial institutions held 293.52 trillion yuan (about 43.8 trillion U.S. dollars) in total assets by the end of 2018.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails
