China

China to list 10 commercial banks as D-SIBS

The ‘big’ four banks are likely to fall one rank below being identified as most systemically important.

China to list 10 commercial banks as D-SIBS

The ‘big’ four banks are likely to fall one rank below being identified as most systemically important.

Retail investors opt out of Postal Savings Bank of China's Shanghai listing

China’s biggest bank by branches is seeking up to $4b in proceeds.

China's banks asset quality deteriorates as NPLs mount

NPL ratio climbed 3 bps compared to end-2018.

ICBC, CCDO, SGX to endorse new renminbi bond indices

The new bond indices can be used as performance basis for investing in RMB bonds.

China to launch industry standards for fintech

The project will have a focus on data security and address weaknesses in the financial sector.

China's central bank trims lending rate to 2.5%

This is the first such cut in more than four years.

Mergers of China's small banks won't buoy reforms in the sector: report

Local governments may be resistant to give up control of their assets in regional banks.

China's ailing small lenders stay afloat through local government bailouts

In at least one deal, non-performing loans were sold at above-market rates.

China may launch digital currency in 2-3 months

They already have a system and network ready.

Chart of the Week: Systemic risks still weighing on Asia's fintech markets

Even the world’s biggest fintech market, China, suffers from substantial industry risk.

Upbeat outlook from Chinese banks' profits masks growing problems for small banks

Although growth is decelerating, the performance of Chinese banks has been resilient so far. Net profits of listed banks grew robustly in Q3 2019, higher than the same period in 2018. Such general improvement was also backed by a reduction in provisioning led by large banks. While the performance of large banks remained steady, the rebound came from small banks. The question really is why small banks have rebounded and whether it is sustainable. Thus, it is a good time to examine the recent financial results of Chinese banks and the reasons behind the improvement, especially for small banks.

Rocky road ahead for profits of China's smaller banks

Their reliance on government bonds and lack of structural change are worrisome in the long-term, according to Natixis.

Chart of the Week: China to dominate Asia's retail lending market

The domestic market will grow at a CAGR of 13.7% from 2019-2023.

Chinese banks risk losing $61b revenue in payments by 2025

Digital payments and non-banking payment service providers are displacing them.

1 in 3 senior financial officers worried about global recession risks

27% flagged the impact of trade tariffs on their businesses.

Chinese banks extended $238.92b loans in September

This exceeded analysts’ expectations of $197.9b.