Chinese banks are reporting higher profits and smaller bad debts, helped by the central bank’s flexibility on how lenders provide…
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Beijing will allow Hong Kong and Macau-domiciled banks to launch a range of services on the mainland including credit cards…
Read More »China envisions Hong Kong’s capital markets as a beacon of prosperity, having lifted the city out of social chaos in…
Read More »The maturing debt of “most” of these financing platforms had either been extended, restructured or replaced, Pan said, adding that…
Read More »The reorganisation is intended to “coordinate and clear non-performing assets under small and medium-sized banks, clean up problem shareholders, and…
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