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Tag: banking

Posted on 27/07/2020

China’s new mini-IPO market gets off to frenzied trade, triggering circuit breakers

IPO market kicked off trading on Monday in a frenzy as circuit breakers were triggered for both surging and slumping stocks on their debuts. ( read original story ...)

Posted on 27/07/2020

China Development Bank to sell green bonds in interbank, exchange markets – sources

China Development Bank CHDB.UL is planning to auction green bonds on Wednesday in both interbank and exchange markets, six sources with direct knowle ... ( read original story ...)

Posted on 24/07/2020

Ping An Bank Named Asia’s Best Digital Bank by Euromoney, A First for Chinese Bank

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that the Group’s subsidiary, Ping An Bank Co., Ltd. (hereafter “Ping An Bank”, SZ ... ( read original story ...)

Posted on 24/07/2020

China Finance Online Reports 2020 First Quarter Unaudited Financial Results

PRNewswire/ -- China Finance Online Co. Limited ('China Finance Online', or the 'Company', 'we', 'us' or 'our') (NASDAQ ... ( read original story ...)

Posted on 23/07/2020

China c.bank weakens midpoint by most in nearly a month as Sino-U.S. tensions flare

China's central bank weakened its official yuan midpoint by the most in nearly a month on Thursday, reflecting losses in the spot price a day earlier after Washington gave the Chinese consulate in ... ( read original story ...)

Posted on 23/07/2020

China’s central bank issues rules for blockchain uses in financial industry

People walk by a sign of Blockchain Summit during the Mobile World Congress Shanghai 2019 in June. Photo: IC The People's Bank of China (PBC), the central bank, has issued documents and evaluation ... ( read original story ...)

Posted on 22/07/2020

Chinese bank losses are projected to exceed the US and Western Europe combined

Bank executives from Shanghai to San Francisco are bracing for a tsunami of missed payments and defaults, underscoring just how far the global economy has to go to recover from the pandemic. ( read original story ...)

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