China

MUFG China appoints new deputy president

Johnson Yuan takes over from Liu Lihong, who is transferring to Japan.

MUFG China appoints new deputy president

Johnson Yuan takes over from Liu Lihong, who is transferring to Japan.

China's central bank urges banks to curb loan growth for rest of 2021: report

The surge in lending during the first two months of the year stoked bubble risks.

China’s central bank urges banks to curb loan growth for rest of 2021: report

The surge in lending during the first two months of the year stoked bubble risks.

New regulations imperil China's online microlenders

Additional schemes could stifle growth of cross-provincial borrowing. China’s leading non-banking financial firms face the risk of antitrust investigations and forced divestitures once the country’s new regulations come into play, also potentially hindering cross-provincial lending, consumer borrowing, and the growth of the country’s online microlenders.

China hopes for stability through stricter FHC rules: report

The rules will also hopefully insulate firms' finances from other risks.

Weekly News Wrap: Alibaba's Jack Ma loses title of China's richest man; Walmart-owned FlipKart eyes US listing

And Coupang’s IPO is set to be the largest listing by a Korean firm in a decade.

Strong growth ahead for China's 2021 retail sales

However, there may be risks over the immediate term due to new COVID-19 wave.

Five of world's 10 largest banks are in China: report

The Industrial & Commercial Bank of China has almost $5t in total assets.

Chinese fintechs must meet capital requirements within two years: CBIRC

Regulators have set various grace periods for different platforms.

China's central bank offers $31b liquidity for banks' medium-term loans

The PBOC said authorities won’t make 'sharp turns' in monetary policy.

Ant Group may resume IPOs once problems resolved: report

PBOC is still investigating monopolies in the fintech company.

China's shadow banking credit growth to slow in H2: Moody's

The upcoming lower interest rates on informal lending will kick on growth prospects.

China's MSE loan programme to strain banks' profitability

The banking system is expected to extend $420b in new loans to micro and small businesses.

Chart of the Week: Chinese banks' loan growth slows to 13% in August

New loans have reached about $2.1b for the first eight months of 2020.

Chinese banking sector's net profits down 24.6% YoY in Q2

Improvement in sight for H2, but lenders may face capital shortfall.

More profit woes for Chinese banks as regulators plan NPL hike

$160.9m of targeted full-year NPL resolution were completed in H1.