BEIJING China’s central bank said on Tuesday that overseas entities held 830.2 billion yuan ($120.6 billion) of domestic bonds as of end-March, up from the previous month’s 815.3 billion yuan. Overseas entities also held 776.8…
Tagged By banking
ING to participate in Bank of Beijing share offering
ING intends to participate in the private placement by Bank of Beijing which today filed its intention to issue approximately 2.4 billion ordinary shares to raise up to approximately RMB 24 billion (approximately EUR 3.2…
Is China on the verge of a banking crisis?
Damian Tobin receives funding from the Economic and Social Research Council but any views expressed here do not reflect those of the research councils. A variety of indicators suggest that China has come perilously close…
China cracks down on regulators jumping ship to banking jobs
China is attempting to shut a revolving door that allows financial regulators to jump ship to private companies by restricting the movements of officials after they leave their posts. The China Banking Regulatory Commission (CBRC),…
Banking regulator vows to keep property financing in line
China’s banking regulator has instructed banks to control credit growth to the country’s booming real estate sector, intensifying caution against an over-heated market. Banks should ward off concentration risk in property sector, while stemming illegal…
IPO delay lifts spotlight off China's shadow banks
This is a pity. The initial public offering would have helped investors and regulators decipher the high-yielding trust products at the core of China’s intricate shadow-banking industry. Graphic: On the rise: reut.rs/2oZAEpU In October, the…
China won't let its construction crews work in West Bank
BEIJING – China is not allowing Chinese construction crews to work in the West Bank because it opposes Israeli settlements in what it considers occupied Palestinian territory. Israel officials said Sunday they had signed a…
China banking sector's total assets up 14.1 pct y/y at end-Mar – regulator
BEIJING, April 25 The value of assets held by China’s banking sector rose 14.1 percent to 231.9 trillion yuan ($33.68 trillion) as of end-March compared with a year earlier, the China Banking Regulatory Commission (CBRC)…
China’s NPL problem has ‘stabilised’ – PBoC’s Yi
If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our customer…
China Markets Reel as $1.7 Trillion in Shadow Funds Unwinds
Read more: QuickTake Q&A on wealth-management products The China Banking Regulatory Commission has asked lenders to report the scale of their entrusted investments, including products issued by mutual funds, trusts, futures firms and brokerages. (…
China's new illegal fundraising topped $36 billion last year
The cases severely destroyed the order of financial markets, Yang Yuzhu, director of the joint-meeting for anti-illegal fundraising was quoted as saying, threatening China’s financial and social stability. Authorities are now weighing a ban on…
Sina Chief Steers China's Twitter Deeper Into Internet Finance
The company’s also had to grapple with growing censorship as Beijing grew wary of the influence of online content. Chao, nicknamed “the Accountant” because of his stint at PwC, was known more for his financial…
China Stocks Sink Most in Four Months Amid Leverage Crackdown
The most important market news of the day. China’s authorities are taking advantage of a strengthening economy to reduce financial-system risk by tightening the screws on leverage. The banking regulator said late Friday it will…