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China to further stipulate financial information services

China to further stipulate financial information services

2018-12-27 09:01

The CAC on Wednesday unveiled a set of stipulations on financial information services, which will go into effect on Feb. 1 next year.

Tech upgrade key for commercial lenders

Tech upgrade key for commercial lenders

2018-12-26 15:45

Commercial banks conduct digital innovation and transformation, as emerging fintech companies are eroding bank profits in their core business.

Worlds top companies in race for Chinas asset management market

World's top companies in race for China's asset management market

2018-12-26 14:44

Global giants are racing to grab China's asset management market as the financial system opens up, Shanghai Securities News reported on Wednesday.

CSRC signed MOU on cooperation with CIMA

CSRC signed MOU on cooperation with CIMA

2018-12-26 10:24

CSRC recently signed a MOU with CIMA to strengthen information exchange and law enforcement cooperation in the fields of securities and futures.

Chinas lottery sales up 10.8 pct in November

China's lottery sales up 10.8 pct in November

2018-12-26 09:40

China's lottery sales rose 10.8 percent year on year to 42.72 billion yuan (about 6.2 billion U.S. dollars) in November, official data showed Tuesday.

Banking institutions in China see rise in assets, liabilities

Banking institutions in China see rise in assets, liabilities

2018-12-26 09:28

By the end of November,Chinese banking financial institutions : onshore assets: 259.91 trillion yuan；liabilities：238.52 trillion yuan.

Insurance agents evolve fast to serve 21st-century consumers in China

Insurance agents evolve fast to serve 21st-century consumers in China

2018-12-25 13:49

China's insurance sellers

Bohai Bank gains from countrys opening-up

Bohai Bank gains from country's opening-up

2018-12-24 09:57

Our bank has risen in response to China's reform and opening-up.

Share price of China’s Merchants Bank suffers plunge

Share price of China’s Merchants Bank suffers plunge

2018-12-24 09:50

The share price of China’s leading commercial bank, China Merchants Bank (CMB) slumped 4.08 percent on Wednesday.

Chinese banks offering preferred stocks to solidify capital adequacy

Chinese banks offering preferred stocks to solidify capital adequacy

2018-12-21 10:24

Over ten Chinese banks had issued or planned to issue preferred stocks in the second half of this year to improve their capital adequacy.

PBOC launches new lending facility to shore up real economy

PBOC launches new lending facility to shore up real economy

2018-12-21 09:44

China’s central bank decided to launch a new targeted medium-term lending facility (TMLF) and increase relending and rediscount quotas.

AIIB approves applications of six more countries

AIIB approves applications of six more countries

2018-12-20 10:41

The new group of approved members is comprised of Algeria, Ghana, Libya, Morocco, Serbia and Togo.

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