Fears that Beijing could tighten the screw on China’s biggest tech companies have wiped hundreds of billions of dollars off their stock market value in just two days. Shares in Alibaba and JD.com have ……
Tagged By banking
China’s banking regulator signals tougher fintech antitrust laws
A senior official at China’s banking regulator has warned that technological advances in the financial industry risked creating monopolies, a day after Beijing unveiled new antitrust rules for the … ( read original story …)
Mapping the Futility of China’s Financial Decoupling From the U.S.
Confrontations in trade, technology and geopolitics are threatening to spill over into the financial system, with the U.S. pondering sanctions against Chinese banks and China weighing the possibility … ( read original story …)
A Big Chinese Bank Is Selling Bonds That Can Be Bought With Cash or Bitcoin
China Construction Bank is planning to raise up to $3 billion from a sale of bonds that individuals and institutions can trade in and out of using U.S. dollars or bitcoin. ( read original story…
Fintech firms must behave like banks, China regulator says as it ring-fences runaway industry to rein in potential risks
Liang’s comments are the clearest enunciation of the Chinese regulator’s risk appetite in the world’s largest fintech market, after they foiled Ant Group’s US$39.67 billion stock sale in Shanghai and … ( read original story…
Trade Finance Market Boosting the Growth Worldwide | Societe Generale, China Exim Bank, BNP Paribas
AMA Research published a new research publication on “Trade Finance Market Insights, to 2025” with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you … ( read original story…
China’s banking regulator urges enhanced anti-monopoly scrutiny in financial sector
China should borrow the play-book of foreign countries and step up anti-monopoly scrutiny in the financial sector to protect the interests of consumers, a senior official at the country’s top banking … ( read original…
China to clamp down on internet monopolies
China has proposed new regulations aimed at curbing the power of its biggest internet companies. The regulations suggest increasing unease in Beijing with the growing influence of digital platforms. ( read original story …)
China, emerging markets suffering shortfall in sustainable financing, Standard Chartered says
China’s commitment to reach carbon neutrality by 2060 could help fuel increase in investment, according to Standard Chartered’s sustainable finance head. ( read original story …)
China Construction Bank unit raising $3 bln via blockchain bond
A China Construction Bank (CCB) unit in Malaysia said it is raising funds through the issuance of an up to $3 billion bond using blockchain, the first such security to be publicly listed. HONG KONG,…
China Calls for Deeper Anti-Monopoly Oversight of Fintech
China’s financial watchdog plans to step up oversight of monopolistic practices in financial technology, calling for preemptive measures to ensure fair competition and stability in escalation of a … ( read original story …)
China Vows Escalation in Clampdown on Fintech’s Dominance
China’s top banking watchdog doubled down on a renewed push to rein in financial technology companies such as Ant Group Co., promising to eliminate monopolistic practices and strengthen risk controls … ( read original story…
Jack Ma, Show Them How to Run a $280 Billion Bank
How bad is the damage from China’s plan for Ant Group Co. to become more like a bank? Before regulators put the brakes on the planned initial public offering, Jack Ma’s fintec … ( read…
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