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Wealth Management Connect and southbound Bond Connect schemes to start in few days, PBOC vows more support for Hengqin and Qianhai cooperation zones

Two cross-border investment schemes – Wealth Management Connect and the southbound leg of the Bond Connect – will be launched in the next few days, Pan Gongsheng, deputy governor of People’s Bank…

Several large banks’ real estate bad loan ratio increase in first half, most banks saw share of real estate lending drop amid tighter scrutiny

Several large Chinese commercial banks saw bank loan ratio for their real estate-related lending increased in the first half of the year after authorities tightened rules for bank's lending to…