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Chinas mobile payment surge in Q3

China's mobile payment surge in Q3

2018-11-27 09:59

Mobile payment transactions have exceeded 16.9 billion, an increase of 74 percent when compared with the figure a year earlier.

Allianz to set up Chinas first foreign-owned insurance company

Allianz to set up China's first foreign-owned insurance company

2018-11-27 09:33

German insurance giant Allianz obtained China's approval on Monday to set up a subsidiary in the Chinese mainland.

Chinas leading banks to set up wealth management subsidiaries

China's leading banks to set up wealth management subsidiaries

2018-11-27 08:56

ICBC set up a wealth management subsidiary with a registered capital of 16 billion yuan and ABC's 12 billion yuan.

Chinas financial holding companies to face tougher supervision

China's financial holding companies to face tougher supervision

2018-11-26 11:43

Senior managers of China's financial firms have called for stricter supervision of financial holding companies.

Chinese banks find new cure for capital-thirsty private enterprises

Chinese banks find new cure for capital-thirsty private enterprises

2018-11-26 10:04

The Industrial and Commercial Bank of China (ICBC) has mapped out a three-year plan to boost capital support to private businesses.

Overseas financial institutions gain greater access to Chinese market

Overseas financial institutions gain greater access to Chinese market

2018-11-26 09:00

With aproval from a Chinese market regulator, a number of overseas financial institutions are ready to expand their presence in the Chinese mainland.

Chinas lottery sales up 12.2 pct in October

China's lottery sales up 12.2 pct in October

2018-11-25 09:16

China's lottery sales rose 12.2 percent year on year to 42.23 billion yuan (about 6 billion U.S. dollars) in October, official data showed.

Brokers promise big money in helping finance private firms

Brokers promise big money in helping finance private firms

2018-11-25 09:12

Chinese brokerages have stepped up launching asset management products to help finance private companies.

Banks ramp up lending to SMEs

Banks ramp up lending to SMEs

2018-11-22 15:26

Large State-owned commercial banks have ramped up support for private and small businesses.

Chinese securities brokers gear up for new stock market board

Chinese securities brokers gear up for new stock market board

2018-11-22 15:23

Chinese securities companies and venture capital firms are busy gearing up for the launch of the science and innovation board.

Chinas ICBC opens Manila branch

China's ICBC opens Manila branch

2018-11-22 14:01

The Industrial and Commercial Bank of China (ICBC) has announced the opening of a branch in the Philippine capital of Manila.

China UnionPay launches card for small, micro businesses

China UnionPay launches card for small, micro businesses

2018-11-22 13:58

China UnionPay and China's commercial banks have jointly unveiled a bank card designed for micro and small companies.

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