China banking

The Latest

  • China Regulator: Business Needs To Brace As Relief Measures End
    China
    Asset and real estate bubbles may burst after China rolls back coronavirus relief measures.
  • Ant Group Must 'Return To Its Roots'
    Ant Group
    China's banking authority has encouraged the digital finance company to curb illegal activities among users.
  • HSBC Rolls Out New Digital Account Opening System For Startups In Hong Kong
    HSBC Hong Kong
    The new service will allow SMEs in Hong Kong to open business accounts without having to physically visit branches to sign documents and submit requirements.
  • 80 Percent Of Chinese Banks Convert To Online Banking By 2024
    China Central Bank
    The International Data Corporation (IDC) has predicted that Chinese banks would acquire fintech solutions from the cloud market by 2024 that could result in complete digitization of its banking system.
  • Long-Term Investing A Busy Market In China
    China investment
    China is encouraging respective institutions to improve long-term investment products and services.
  • Bank Of China Sets Eyes On Greek Banking Sector Expansion
    Bank of China
    After establishing its first branch in Greece, the Bank of China is reportedly now eyeing further expansion in the country with the possible acquisition of bad loans.
  • China's New Bank Loans Hit 22-Month Decline, Further Easing Seen
    PBOC
    Analysts had projected a decline in new currency borrowings in October to 800 billion yuan
  • Small Loans Cause Debt Boom In China, Benchmark Lending Rate Remains
    Yichuan Rural Commercial Bank
    A rural bank claims that they have experienced consistently high over-the-counter loan requests despite rumors that the Chinese financial market is unstable.
  • Cost-Cutting Pushes HSBC To Pull Out 3 Equity Ventures; Confident About China
    HSBC
    HSBC seen to terminate thousands of jobs globally but will continue to hire in Asia, especially in China.
  • China’s Central Bank Finds Potential Economic Booster
    PBOC
    The PBOC has revamped its borrowing policies. The changes are expected to help bolster a slowing economy.
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