National Financial Regulatory Administration

New Business

Chinese state banks’ 2024 profits rise and bad loans dwindle even as margins narrow

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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New Business

Beijing allows Hong Kong banks to issue credit cards on mainland from March 1

Beijing will allow Hong Kong and Macau-domiciled banks to launch a range of services on the mainland including credit cards…

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New Business

In Hong Kong vs Trump 2.0, global CEOs see new hopes, old threats

China envisions Hong Kong’s capital markets as a beacon of prosperity, having lifted the city out of social chaos in…

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New Business

China to push supportive monetary policy as financial risks ease: central bank chief

The maturing debt of “most” of these financing platforms had either been extended, restructured or replaced, Pan said, adding that…

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New Business

China’s cash-strapped small banks face limitatons amid shake-up, no one-size-fits-all fix

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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