China
China's fintech lending to grow 16% between 2017 and 2023
But weak regulations still slip through the cracks.
China's fintech lending to grow 16% between 2017 and 2023
But weak regulations still slip through the cracks.
China leads global digital payments as market hits $4.7t in 2020
The country is expected to have 49% of the global share by 2023.
China fintech deals clinch 67.1% of Asian fintech investments in 2015-19
15 deals during the period were valued above $1b.
Chinese banks' asset performance deteriorates
Asset and loan growth slipped to 8.9% and 12.8% YoY in September, respectively.
Denmark's Saxo Bank establishes joint fintech venture with Chinese auto firm Geely
It will provide financial and regulatory tech solutions to banks and fintechs in China.
Chinese financial firms' asset quality under duress amidst sluggish credit growth
Credit pressure variations affect small banks, distressed asset management and leasing firms.
China's shadow banking assets shrinks to $8.42t in Q3
These assets now only account for 62% of the nominal GDP from 68% in 2018.
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.
Chinese regulation on ‘too big to fail' banks could reduce financial risk: analysts
It will improve transparency in the sector.
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.
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