China
China hopes for stability through stricter FHC rules: report
The rules will also hopefully insulate firms' finances from other risks.
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.
PayPal is first foreign operator to fully own Chinese payments business: report
It bought the remaining 30% stake of GoPay last December.
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.
Citibank granted domestic fund custody licence in China
The bank can now provide custody services to Chinese mutual and private funds.
Chinese banks with more shrewd NPLs see slim earnings hike
But banks are still likely to slash dividends.
Huge capital gap hounds China's big banks
The gap could expand up to $943b by 2024.
Chinese banks' liquidity still enough despite key metrics slumping
Asset quality grew 10.8% in Q2 from 9.4% a year earlier.
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