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China's securitization market will keep growing in 2019: S&P report
China's securitization market will be propped up by funding needs, conservative asset underwriting and transaction repayment structures in 2019.
China Merchants Bank expects profit rise 15 pct in 2018
China Merchants Bank, one of the largest lenders in China, reported rapid profit growth last year with better asset quality.
PBOC unleashes fresh capital via RRR cut for inclusive financing
China's central bank has injected more money into the market via a targeted cut of the reserve requirement ratio (RRR) for inclusive financing.
China's first perpetual bond by commercial bank launched successfully
The Bank of China on Friday launched a perpetual bond worth 40 billion yuan (about $5.97 billion) in the interbank bond market of the country.
U.S. credit card giant Mastercard plans to enter Chinese market
Mastercard announced on Friday that it plans to present application for a bankcard clearing license in China in the near future.
China's lottery sales up 8.4 pct in December
China's lottery sales rose 8.4 percent year on year to 43.02 billion yuan (6.33 billion U.S. dollars) in December, official data showed Saturday.
China Life nears 4 trln yuan in assets
The combined total assets of China Life Insurance (Group) Company neared 4 trillion yuan (around 588.75 billion U.S. dollars) at the end of last year.
China Merchants Bank reports 14.84 pct y-o-y net profit increase in 2018
China Merchants Bank , the country's leading private bank, saw its net profits amount to 80.56 billion yuan (about 11.87 billion U.S. dollars) in 2018
WeChat Pay,BHV Marais launch initiative to better cater to Chinese visitors
China's WeChat Pay, in cooperation with the BHV Marais, launched a smart department store solution aimed at meeting Chinese tourists' needs.
Listed brokerages earn less from asset management
China's listed brokerages experienced flattening revenues and shrinking profits from their asset management business in 2018.
China vows more support for private sector
The NDRC also said that the government encourages banks to offer medium and long-term loans to private firms.
North China CBM project gains over 80 mln USD of loans from World Bank
By the end of 2018, a coalbed methane CBM development and utilization project in Shanxi had gained a total of $80.25 mln of loans from the World Bank.
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Xinhua top 10 China news events in 2019
Feature: Tourism rejuvenates old Silk Road town
