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2nd Bangladesh bank to issue Chinas UnionPay cards

2nd Bangladesh bank to issue China's UnionPay cards

2019-12-23 01:01

Bangladesh Eastern Bank Limted (EBL) has become the second commercial bank in Bangladesh to issue China's UnionPay card.

China approves first foreign-controlled asset management firm

China approves first foreign-controlled asset management firm

2019-12-20 21:06

China has approved Amundi, Europe's largest asset manager, and a subsidiary of the Bank of China to set up a JV asset management company in Shanghai.

PBOC to help Macao residents enjoy mobile payments in mainland

PBOC to help Macao residents enjoy mobile payments in mainland

2019-12-20 10:38

China's central bank will take a string of steps to make it easier for Macao residents to use mobile payments in the mainland.

China to release 40,000 tonnes of pork reserves: MOC

China to release 40,000 tonnes of pork reserves: MOC

2019-12-19 19:00

Chinese authorities announced plans Thursday to release more frozen pork from its central reserves to ensure market supply for the upcoming holidays.

J.P. Morgans JV brokerage in China receives securities business license

J.P. Morgan's JV brokerage in China receives securities business license

2019-12-18 20:45

J.P. Morgan Chase announced that its majority-controlled securities joint venture in China has obtained a license for securities business.

China warns against virtual currency trading, ICO risks

China warns against virtual currency trading, ICO risks

2019-12-14 16:18

The National Internet Finance Association of China (NIFA) alerted the market to risks in Initial Coin Offerings (ICOs) and virtual currency trading.

Assets of Chinas financial institutions up 8.1 percent

Assets of China's financial institutions up 8.1 percent

2019-12-12 20:50

The total assets of Chinese financial institutions rose 8.1 percent to 312.46 trillion yuan (about $44.5 trillion) at the end of the third quarter.

Chinas new yuan loans rise in November

China's new yuan loans rise in November

2019-12-10 20:06

China's new yuan-denominated loans hit 1.39 trillion yuan (197.44 billion U.S. dollars) in November, a year-on-year rise of 138.7 billion yuan.

ICBCs outstanding consortium loans exceed 1 tln yuan

ICBC's outstanding consortium loans exceed 1 tln yuan

2019-12-10 16:26

The aggregate consortium loans provided by the ICBC, China's biggest commercial lender, have surpassed 1 trillion yuan by the end of November.

Foreign-funded banks, insurers post expanding China presence

Foreign-funded banks, insurers post expanding China presence

2019-12-10 14:31

Foreign-funded banks and insurers have reported a bigger presence in the Chinese market.

Chinas ＂new third board＂ raises 24.74 bln yuan in January-November

China's ＂new third board＂ raises 24.74 bln yuan in January-November

2019-12-08 15:57

China's National Equities Exchange and Quotations (NEEQ)" raised 24.74 billion yuan (3.51 billion U.S. dollars) in the January-November period.

Chinas P2P platform number falls to 456

China's P2P platform number falls to 456

2019-12-08 10:36

The number of P2P platforms fell to 456 at the end of November from 486 at the end of October.

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