China

China approves Ping An stake sale

China approves Ping An stake sale

The Charoen Pokphand Group of Thailand now owns a 15.6% stake in China’s biggest private insurer.

4 key takeaways from Barclays' China bank field trip

Leadership transition in March could bring certain policy redirections in 2H12.

ICBC International doing good business

Became No.2 underwriter and No.1 Chinese investment bank in Hong Kong last year.

Financial firms less dependent on banking credit

Continue to turn to shadow banking for funds.

CDB to finance more infrastructure projects in China

China's largest infrastructure project lender to fund more urbanization-related projects.

Consumers warned of risks over Chinese financial products

A senior Chinese banking regulator warned of risks in wealth-management products of Chinese banks.

What are the implications of China's tightened wealth management regulations?

Analysts warn that small banks may suffer and growth of the wealth management sector may slow down.

Goldman Sachs raises US$1 billion from ICBC shares

It’s the biggest share sale in Asia so far this year.

Why banks’ wealth management products need stricter regulation

The macroeconomic downturn in 2012 has gradually shifted its influence from the real economy to the financial sector. The recently exposed problems regarding wealth management products sold by banks is only one of a number of possible hidden dangers and may be an early warning of the current financial risks.

China getting tougher on shadow banking

Government to publish a regional breakdown of financing flows that measures total corporate fundraising.

Citibank achieves first cross-border renminbi lending deal

Citibank (China) Company last week completed its first cross-border renminbi lending transaction.

UK becomes G7 leader in offshore renminbi trade

The Bank of England will soon become first G7 central bank to enter into a foreign exchange swap agreement with China.

China banks no longer the main sources of long-term financing

They just provided 25% of financing to corporates in 2012.

China claims foreign banks upbeat about its economy

Weak US recovery and the persistent Eurozone crisis make China a better bet.