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China to expand opening-up in trust sector
The asset requirement of 1 billion U.S. dollars for overseas financial institutions to invest in Chinese trust companies will be lifted.
China's central bank skips reverse repos Tuesday
The People's Bank of China (PBOC), the country's central bank, skipped open market operations via reverse repos Tuesday.
China's overnight Shibor interbank rate increases Monday
The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China's interbank market.
China Everbright Bank defers loan payments for small businesses
China Everbright Bank ramped up its credit support for small and micro enterprises amid the novel coronavirus disease (COVID-19) outbreak.
China's overnight Shibor interbank rate decreases Tuesday
The overnight Shanghai Interbank Offered Rate (Shibor) decreased 19.5 basis points to 0.806 percent Tuesday.
China's Q1 new loans reaches about 7 trln yuan to support virus-hit economy
China's new loans have reached nearly 7 trillion yuan (about 988 billion U.S. dollars) in the first quarter of this year.
China's overnight Shibor interbank rate decreases Wednesday
The overnight Shanghai Interbank Offered Rate (Shibor) decreased 21.1 basis points to 1.403 percent Wednesday.
Chinese major insurers report strong profit growth
China's five major insurance companies posted strong profit growth in 2019 due to improved operations and government tax reductions.
China's basic medical insurance fund reports balance of 2.7 tln yuan
China's basic medical insurance fund reported an accumulated balance of nearly 2.7 trillion yuan (about 382 billion U.S. dollars) by the end of 2019.
China Construction Bank reports steady profit growth in 2019
China Construction Bank, one of the country's largest state-owned commercial banks, saw a 4.74-percent year-on-year rise in net profits in 2019.
China's leading insurer sees surging net profits in 2019
The People's Insurance Company (Group) of China Limited (PICC), China's leading insurer, saw its net profits surge 66.6 percent in 2019.
China Life Insurance reports hefty gains in 2019 net profits
China Life Insurance Co., one of the country's biggest insurers, saw its net profits more than quadruple last year.
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