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Chinese insurers record double-digit premium income growth

Chinese insurers record double-digit premium income growth

2019-03-10 15:15

Chinese insurers saw their combined premium income grow at a double-digit rate in January.

PBOC governor: ＂some room＂ exists for cutting reserve requirement ratio

PBOC governor: ＂some room＂ exists for cutting reserve requirement ratio

2019-03-10 14:49

Chinese central bank governor said Sunday that there is still some room for lowering the country's reserve requirement ratio.

Chinas new yuan loans expand in February

China's new yuan loans expand in February

2019-03-10 14:49

China's new yuan-denominated loans stood at 885.8 billion yuan (about 131 billion U.S. dollars) in February 2019, up 46.5 billion yuan year on year.

China to firmly advance financial market opening-up by announced timetable

China to firmly advance financial market opening-up by announced timetable

2019-03-10 12:32

China has implemented most of the financial market opening up measures it announced last year, central bank governor Yi Gang said here Sunday.

Chinas central bank eyes greater role for fintech

China's central bank eyes greater role for fintech

2019-03-10 12:26

China will boost the role of financial technology (fintech) in serving the real economy and forestalling financial risks.

Profits of Chinese brokerages surge in February

Profits of Chinese brokerages surge in February

2019-03-07 14:19

China's listed securities brokerage firms saw surging profits and revenues in February boosted by rising stock indices.

Chinas new tech board sets to boost innovation, financing

China's new tech board sets to boost innovation, financing

2019-03-06 16:53

The launch of the new board has entered a "sprint" stage, and the technical system is expected to be ready by the end of May.

U.S. SEC orders BB&T to return over 5 mln USD to investors

U.S. SEC orders BB&T to return over 5 mln USD to investors

2019-03-06 13:23

BB&T Securities agreed to return millions of dollars to retail investors and pay a penalty to settle charges.

Bank of Nanjing net profits up 14.5 pct in 2018

Bank of Nanjing net profits up 14.5 pct in 2018

2019-03-06 11:49

Bank of Nanjing Co., Ltd. posted Wednesday a 14.5 percent annual growth in 2018 net profits.

China will now likely encourage shadow lending to boost growth

China will now likely encourage 'shadow' lending to boost growth

2019-03-05 14:57

After tamping down on shadow banking in the last few years, China will now likely encourage such lending to boost economic growth.

China to increase small business loans by over 30 pct in 2019

China to increase small business loans by over 30 pct in 2019

2019-03-05 08:11

Loans to be granted to small and micro businesses by China's large state-owned commercial banks will increase by over 30 percent in 2019.

Chinas overnight Shibor interbank rate declines Monday

China's overnight Shibor interbank rate declines Monday

2019-03-04 13:38

The overnightShibor, which measures the borrowing cost of China's interbank market, dropped 22.2 basis points to 1.933% Monday.

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