Now that digital wallets like Ant Financial’s Alipay and Tencent’s Ten Pay have ... a professor of finance at the China Europe International Business School in Shanghai (CEIBS). More On Forbes: How China’s Central Bank Is Clamping Down On The Mobile ... ( read original story ...)
Get smarter – tellers must adapt as Chinese customers embrace digital banking services
How do users and tellers cope with the “go smart” banking trend in Shanghai? For young white-collar worker Ada Shen, it did not take her long to get familiar with the new “intelligent” teller machine at an Industrial and Commercial Bank of China ... ( read original story ...)
China targets trust industry next year in fight against shadow banking – sources
SHANGHAI (Reuters) - China's banking regulator will further tighten the screws on the trust industry next year, two sources with direct knowledge of the matter said, as Beijing steps up a campaign to clampdown on the country's shadow banking sector. ( read original story ...)
Fraudulent website related to The Hongkong and Shanghai Banking Corporation Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited on fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is ... ( read original story ...)
Inoherb banks on TCM to give it the winning edge
[Photo by Shen Jingwei/for China Daily] Rebranding to help Shanghai company expand presence abroad Shanghai-based Inoherb is banking on traditional Chinese medicine to give it the winning edge in the global skincare product market. The company has already ... ( read original story ...)
BRIEF-Shanghai Pudong Development Bank Gets Approval To Set Up Branch In London
Dec 20 (Reuters) - Shanghai Pudong Development Bank Co Ltd : * SAYS IT GETS APPROVAL FROM UK'S PRUDENTIAL REGULATION AUTHORITY TO SET UP BRANCH IN LONDON Source text in Chinese: bit.ly/2ktiSZe Further company coverage: (Reporting by Hong Kong newsroom) Our ... ( read original story ...)
Real estate firms bank on innovation
A saleswoman (right) addresses a visitor's inquiries at a housing exhibition held in Shanghai. [Photo by Lai Xinlin/For China Daily] Government efforts to encourage rental housing development, a measure intended to curb speculation in the real estate ... ( read original story ...)