China financial sector

The Latest

  • Hong Kong Digital Bank ZA Offering 6 Percent Rate To Depositors
    Hong Kong Banking Sector
    Za Bank Ltd, a unit of ZhongAn Technologies, is offering a promotion that gives its depositors a 6 percent rate for its three-month Hong Kong dollar time-deposit accounts.
  • China’s Foreign Reserves Hit Six-Month High
    Chinese and U.S. banknotes
    China’s foreign exchange reserves saw a significant hike as of the end of December 2019.
  • Long-Term Investing A Busy Market In China
    China investment
    China is encouraging respective institutions to improve long-term investment products and services.
  • JPMorgan Plans To Take Over Chinese JV And Boost Investments In China
    JP Morgan Chase & Co
    Along with increasing its investment to boost its Chinese operations, JPMorgan also plans to hopefully take full control of its Chinese joint ventures.
  • Foreign Investors Pushes To Improve 0.2 Percent Of China Hedge Fund Market
    China yuan
    Foreign investors expect China hedge fund assets to increase by 0.2 percent after China opened its doors for foreign investments.
  • HSBC Ramps Up Investments In Digital Banking And Fintech
    HSBC
    There’s no stopping HSBC in its target of investing further on digital banking processes and fintech applications with or without a virtual license.
  • ChiNext Turns 10 With Changes In Mind
    A man walks past an electric screen showing Japan's Nikkei and Shanghai Stock Exchange markets' indices outside a brokerage in Tokyo
    ChiNext celebrated 10 years in the finance sector and it is looking to implement reforms that will improve its trading operations.
  • Ping An Bank Shares Dip As Shanghai Chief Under Corruption Probe
    Ping An Bank
    Ping An Bank's Shanghai chief, Leng Peidong, is reportedly the subject of a corruption investigation by China's Central Commission for Discipline Inspection.
  • Hunan Province Imposes Total Ban On Peer-To-Peer Lenders
    China P2P Lending
    The Hunan Provincial-Local Financial Supervision Administration has now imposed an unprecedented blanket ban on all P2P lending activities throughout the region.
  • China Removes Onshore Investment Ceiling To Further Open Financial Sector
    China Foreign Investment Policy
    China's State Administration of Foreign Exchange announced that it has removed the ceiling for foreign investments made to the country's mainland capital markets.
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