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China's insurance businesses fined for irregular practices
In the first eight months of 2019, insurance institutions were fined more than 76.8 million yuan for irregular practices.
China cuts financial institutions' reserve ratios to boost lending
The People's Bank of China (PBOC) announced to cut the reserve requirement ratio (RRR) for financial institutions by 50 basis points from Sept. 16 .
100 bln yuan credit line planned to finance rural tourism
The Agricultural Bank of China (ABC) will extend a line of credit (LOC) up to 100 billion yuan to help villages develop tourism.
Chinese listed brokerages see revenue, profit gains in H1
The 36 listed securities firms garnered combined operating revenues of 182.2 billion yuan in H1, up 45 percent year on year.
Macao to further promote ＂one country, two systems＂ practice
The chief executive election in China's SAR on Sunday saw Ho Iat Seng elected as the SAR's chief executive-designate.
China's SPD Bank sees H1 net profit up 12.4 pct
The Shanghai Pudong Development (SPD) Bank said its net profit for the first half of 2019 rose 12.38% y-o-y to 32.11 billion yuan.
China non-cash payment rises in Q2 2019
The amount of non-cash payments in China in the second quarter of the year rose 0.05 percent year on year.
Bank of China approves 200 bln yuan of credit for Xiongan New Area projects
The Bank of China has approved more than 200 billion yuan of credit for projects and enterprises involving the Xiongan New Area by the end of June.
Hong Kong tourism workers, retailers paying price for unrest
Ordinary Hong Kong shopkeepers and those working in the tourism industry said that the protracted unrest has taken a major toll on their livelihood.
China Life net profit more than doubles in H1
China Life Insurance Co., said Thursday its net profit rose 128.9 percent year on year to 37.6 billion yuan ($5.33 billion) in the first half.
China's central bank issues FinTech development plan
China has issued a plan on FinTech in three years to fully deploy FinTech and promote high-quality development in the financial sector.
PSBC posts solid profit growth in H1
Postal Savings Bank of China posted a double-digit net profit growth in H1 as its retail banking and intermediary business expanded.
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Xinhua top 10 China news events in 2019
Feature: Tourism rejuvenates old Silk Road town
