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Hong Kongs exchange fund reaches 499.9 bln USD by June

Hong Kong's exchange fund reaches 499.9 bln USD by June

2017-08-01 14:33

The total assets of Hong Kong's exchange fund amounted to 3.90 trillion HK dollars (about 499.9 billion U.S. dollars) at the end of June.

Regulator: Chinese banks to reduce 44bln yuan charges for clients

Regulator: Chinese banks to reduce 44bln yuan charges for clients

2017-07-31 11:06

China's top banking regulator will guide banks to reduce unnecessary charges worth over 44 billion yuan (6.5 billion US dollars) for their clients.

Chinese lenders bad loan ratio to slightly retreat: report

Chinese lenders' bad loan ratio to slightly retreat: report

2017-07-20 08:41

China's commercial banks will see their bad loan ratio remain generally stable and slightly retreat in the coming quarters.

Debt-ridden Chinese real estate firms turn to overseas financing

Debt-ridden Chinese real estate firms turn to overseas financing

2017-07-16 21:46

Chinese real estate firms have turned to the overseas market to seek financing.

Bank open to support start-ups in Beijing

Bank open to support start-ups in Beijing

2017-07-16 15:12

A bank went into operation Sunday in Beijing's Zhongguancun area, which boasts active entrepreneurial activities, to support start-ups and innovation.

AIIB says preparation needed before bond issuance

AIIB says preparation needed before bond issuance

2017-07-03 09:45

The Asian Infrastructure Investment Bank (AIIB) said Friday that its bond issuance needs preparation, which may take several months.

Summer Davos eyes on reform and opening up of Chinas financial sector

Summer Davos eyes on reform and opening up of China's financial sector

2017-06-29 10:38

China's financial reform and opening up has been drawing wide attention.

Profitability steady for Hong Kong banks,net interest fall: KPMG survey

Profitability steady for Hong Kong banks,net interest fall: KPMG survey

2017-06-29 08:41

While overall profitability of the sector remains relatively stable, the future of HongKong’s role as an international finance centre is bright.

Elderly endowment insurance with tax deferral to launch

Elderly endowment insurance with tax deferral to launch

2017-06-27 15:14

The plans on the pilot on purchasing commercial pension care insurance before paying personal income taxes are under preparation.

China sets up pilot zones to boost green finance

China sets up pilot zones to boost green finance

2017-06-26 23:59

China announced plans on Monday to set up pilot zones for green finance, supporting its industrial upgrades and anti-pollution campaign.

Asset securitization of PPP projects to embrace rapid expansion

Asset securitization of PPP projects to embrace rapid expansion

2017-06-26 16:58

As many policies are implemented, asset securitization of public-private partnership (PPP) projects is expected to see rapid expansion.

Interest rates for short-term capitals all drop

Interest rates for short-term capitals all drop

2017-06-26 16:54

As the central bank, the People’s Bank of China (PBOC), injected a great deal of money into the market for three consecutive weeks.

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