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Tag: BANKS

2022-12-162022-12-16 Yuan Talks COMPANY NEWS BANKS

Citi plans to exit from China retail banking business, to affect 1,200 employees

Citigroup plans to wind down its consumer banking operations business in mainland China after failing to find a buyer for the business.

2022-12-062022-12-06 Yuan Talks POLICY & REGULATION, STOCKS BANKS, REAL ESTATE

Chinese property developers rally in Hong Kong on expectation of offshore financing support

chinese property developers

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2022-11-242022-11-25 Yuan Talks COMPANY NEWS, FEATURES, MACRO BANKS, REAL ESTATE

Updated: Six large state banks agreed to provide more than one trillion yuan of credit lines to property developers

China housing market

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2022-11-212022-11-21 Yuan Talks MACRO, POLICY & REGULATION BANKS, MACRO, PBOC, REAL ESTATE

PBOC, banking regulator urge banks to step up financial support for stabilizing economy, to issue another 200 bn yuan special loans for ensuring property delivery

china pboc

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2022-11-092022-11-15 Yuan Talks MACRO, POLICY & REGULATION BANKS, INFRASTRUCTURE, MACRO

China’s large banks to step up lending to manufacturing, infrastructure in Q4

china infrastructure

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2022-10-172022-10-18 Yuan Talks COMPANY NEWS, FEATURES, MACRO BANKS

China’s six large state-owned banks made rare move to simultaneously announce support for economic growth, granted total 9.5 trillion yuan loans in Jan – Sept

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