Chinese banks’ net profits dropped by a combined 24 per cent in the second quarter, compared with a year earlier, as banks grappled with bad…
China’s central bank will extend a grace period for financial institutions to comply with sweeping new asset management rules issued in 2018 and set to…
Chinese regulator on Thursday warns of risks stemming from bad loans in the banking sector, after it said earlier this month that lenders may face…
Chinese authority has decided to allocate 200 billion yuan quota of special-purpose bonds for 18 provincial governments to recapitalize small and midsize banks, a banking…
Chinese regulator warns that banks and insurance companies are not allowed get involved in illegal margin lending business to fund stock trading, as China's stock…
Chinese banks may face a sharp rebound in bad loans due to coronavirus-induced economic pain, the banking regulator said, noting the deterioration of asset quality…
Chinese local governments will be allowed to use part of the money raised from special-purpose bonds to replenish small banks' capital, as the world’s second…
China's top securities regulator is planning to grant investment bank licenses to commercial lenders in an effort to expand banks’ business reach and breed industry…
China saw bank runs at two small local banks last week, a sign that a mountain of debt and an unprecedented economic contraction has started…
China's State Council, the country's cabinet, is telling commercial banks to sacrifice part of their profits to enterprises, in a move to help businesses hard…
China's capital-starved small banks are expected to get replenishment from local governments as the world's second largest economy tries to defuse bad-debt risks and strengthen…