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Profit of Guosen Securities drops in 2018
Guosen Securities, one of China's leading brokerages, posted an annual profit drop of 25.17 percent year-on-year to 3.42 billion yuan in 2018.
ICBC Turkey named best investment bank of 2018
The Turkish subsidiary of the ICBC on Wednesday evening was awarded for its contributions to institutionalized securities brokerage in Turkey.
Major U.S. big banks reap robust first-quarter profits
Goldman Sachs and Citigroup, reported stronger-than-expected profits amid declining revenues for the first quarter on Monday.
China's special fund invests over 6 bln yuan in SME projects
A special fund established to support the country's SMEs has allocated more than 6 billion yuan of investments in SMEs.
China's financial institutions report growing assets
Chinese financial institutions held 293.52 trillion yuan (about 43.8 trillion U.S. dollars) in total assets by the end of 2018.
China implements first national standard for insurance sector
China has implemented its first national standard to boost the development of the world's second largest insurance market.
Nomura's China JV to be launched within 2019
Japan's leading brokerage Nomura is scheduled to launch its newly-approved China JV within the year with the business focus on wealth management.
Hong Kong Monetary Authority grants 4th virtual banking license
The Hong Kong Monetary Authority (HKMA) has granted its fourth virtual banking license under the Banking Ordinance to a local virtual bank.
A ban on Bitcoin Mining in China Could be a good news
China is considering banning Bitcoin mining, a move that would affect some of the biggest Bitcoin players.
Guotai Junan Securities passes ISAE No. 3402 for 4th consecutive year
Guotai Junan Securities has passed the ISAE No. 3402 again recently, becoming a brokerage with Asset Custodian and Outsourcing Service.
China's largest money market fund scraps purchase, holding limits
China's largest money market fund Yu'ebao has scrapped daily purchase and total holding limits for individuals in a move expected to boost investment.
Haitong Securities net profits surge in March
Haitong Securities, a major Chinese brokerage firm, reported a surge in net profits in March as the country's stock market gained strength.
World Insights: Int'l trade with China soars in 2022, decoupling theory crushed b...
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Xinhua top 10 China news events in 2019
Feature: Tourism rejuvenates old Silk Road town
