China

Ping An Bank profit rises 3% to $2.12b in Q1

Ping An Bank profit rises 3% to $2.12b in Q1

Retail assets under management rose 1.2% during the quarter, said Ping An.
1 day ago

Alipay’s new payment system lets AI agents transact with businesses and OPCs

New tool enables agent-based transactions, following Alipay AI Pay rollout in 2025.
1 day ago

How China wallets crush cards in 2025 payments race

Alipay reached 85% of surveyed users whilst WeChat Pay stood at 73%.

China lending misses expectations on weaker corporate and household demand

Geopolitical tensions are adding to uncertainty, said BofA Global Research.

Chinese banks grow earnings 2.3% in 2025 as margin pressures ease

State-owned enterprises outperformed joint stock banks in revenue, net profit, and fee income growth.

Chinese banks report weak profit amidst mixed margin trends

Gross loan growth was in the single digits, same as fee income.

HSBC names new mainland China wealth heads

The bank saw wealth invested assets rise 37% in 2025.

How can China balance bank pricing power with financial stability?

Lenders gain when prices rise but bear losses when loans sour.

Chinese banks face concentration risk from top borrowers

The stress test found banks from poorer regions as most vulnerable.

China shifts bank lending as Beijing cuts direct steering

It has shifted to a market-based approach, from reliance on window guidance.

Neema unlocks direct payment route to 1 billion Alipay wallets

Global banks can bypass China FX hurdles via Neema’s direct-to-Alipay wallet integration.

Chinese megabanks' buffers bolstered by capital injection

The six megabanks experienced more margin squeeze than peers due to policy-favored lending, said S&P.

Mastercard and Bank of Shanghai team up for China cross-border payments

It is expected to benefit SMEs and international students.

How Chinese super apps capture 90% of $12.8t mobile payments

QR code transactions now lead point of sale activity across major cities.

Resilient earnings make China’s big four banks stand out in volatile markets

The MSCI China Banks Index has consistently outperformed the broader market each March since 2005.

DBS China secures NAFMII underwriting licence for onshore bonds

DBS plans to attract more high-quality international issuers to issue Panda bonds.