Shanghai Commercial Bank Limited's (SCB) Issuer Default Rating (IDR) is underpinned by its Viability Rating (VR), which reflects its ... ( read original story ...)
BizBeat Ep. 142: Shanghai aims to be international wealth hub by 2025
In a new guideline published this week, Shanghai is striving to become a comprehensive, highly international and open hub for asset management by 2025. At the same time, many financial institutions ... ( read original story ...)
China Development Bank to Sell $2 Billion Onshore Bond Amid Greenback Glut
Leading policy bank China Development Bank (CDB) said on Wednesday that it would sell its first dollar-denominated onshore bond in nearly six years as Chinese banks struggle with a mountain of dollars ... ( read original story ...)
In another digital currency trial, Chinese central bank to give out free eCNY by lottery
China’s capital Beijing will launch a lottery in June giving out free online wallets containing 200 digital yuan ($31.34) to winners, in another trial for the central bank’s eCNY, according to a ... ( read original story ...)
Chinese Central Bank’s Digital Yuan Given Trial by Lottery
China's capital Beijing will launch a lottery in June giving out free online wallets containing 200 digital yuan ($31.34) to winners, in another trial for the central bank's eCNY, according to a ... ( read original story ...)
Little Movement Anticipated For China Stock Market
The China stock market has moved higher in two straight sessions, adding almost 25 points or 0.7 percent along the way. The Shanghai Composite Index now sits just shy of the 3,625-point plateau and it ... ( read original story ...)
Three-child policy: China should provide cheap homes to ease anxiety about financial burden of larger families, market observers say
Beijing should offer cheap homes to families with three children to get the Chinese population behind its recently introduced three-child policy, industry observers said. ( read original story ...)