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  • First ABS credit protection contract listed in SSE

    Shanghai Stock Exchange (SSE) witnessed recently issuance of the first asset-backed securities (ABS)-based credit protection instrument, reported China Securities Journal citing SSE Friday.

    March29,2019


  • China's ABS sees year record high in June

    The volume of asset-backed securities (ABS) products in June hit a record for 2019 with debt investment making up a major part, according to the Asset Management Association of China (AMAC).

    July29,2019


  • China's newly registered ABS products hit 86.91 bln yuan in value last month

    A total of 95 batches of asset-backed securities (ABS) products worth 86.91 billion yuan (about 12.18 billion U.S. dollars) were registered in June, according to the Asset Management Association of China.

    July31,2023


  • Traditional banks usher in smart transformation by cutting branches and closing ATMs

    Traditional banks have embarked on the path of smart transformation. The used-to-be-everywhere physical branches are slimming away, along with roadside ATMs. But such offline to online banking transformation encounter difficulties as well during the process.

    October22,2020


  • 【Financial Str. Release】China's newly registered ABS products hit 66.9 bln yuan in value in November

    Asset-backed securities (ABS) products worth 66.9 billion yuan (about 9.43 billion U.S. dollars) were registered in November, data from the Asset Management Association of China showed.

    December28,2023


  • China's outstanding ABS reach RMB2.7 trln by end 2018, Moody's

    China’s outstanding asset-backed securities products stood at 2.7 trillion yuan by the end of 2018, reported China Securities Journal citing a report from Moody’s.

    March27,2019


  • S. Korea's ABS issuance falls in 2017 on lower growth of mortgage loans

    Asset-backed securities (ABS) issuance in South Korea fell last year on lower growth of mortgage loans amid the government's measures to control speculative investment in the property market, financial watchdog data showed Tuesday.

    January23,2018


  • 15 auto finance companies issue RMB150 bln worth of ABS, up 49 pct on yr, report

    China Banking Association said Monday that a total of 15 automobile finance companies issued 32 asset-backed securities (ABS) with a cumulative scale of more than 150 billion yuan in 2019, up 49 percent year on year.

    September08,2020


  • China's new energy SUVs gain popularity in Brunei

    China's renowned automobile manufacturer, Great Wall Motors, has held a ceremony to launch its new energy SUV in Brunei, receiving a warm welcome from the local market.

    January06,2025


  • Foreign visitors experience China's improved mobile payment environment over Spring Festival

    Foreign visitors in China experienced a smoother, more convenient travel environment during this year's Spring Festival, thanks to improvements to the country's mobile payment systems.

    February07,2025


  • China Focus: China's new materials forge ahead with innovation, application

    Limestone, ubiquitous in the Earth's crust, has been transformed into an innovative nanomaterial at facilities in north China to support a diverse array of industries with lower carbon emissions.

    July31,2024


  • Across China: China rides new wave of inbound cruise tourism as visa-free travel gains steam

    China's coastal cities are witnessing a renewed wave of international cruise tourism, fueled by relaxed visa policies and improved accessibility for foreign travelers.

    April17,2025


  • China rides new wave of inbound cruise tourism as visa-free travel gains steam

    China's coastal cities are witnessing a renewed wave of international cruise tourism, fueled by relaxed visa policies and improved accessibility for foreign travelers.

    April18,2025


  • Chinese yuan strengthens in August

    Chinese yuan strengthened against a basket of currencies in August, according to the China Foreign Exchange Trade System (CFETS).

    September07,2023


  • Beijing airports enhance payment facilities for foreigners

    Beijing Capital International Airport and Beijing Daxing International Airport have created a more convenient payment experience for foreign visitors.

    February06,2024


  • Ugandan, Chinese vocational schools partner up to boost training, employment

    Uganda's Luyanzi Institute of Technology (LIT), a vocational school in Kampala, has signed a memorandum of understanding (MoU) with Hunan Mechanical and Electrical Polytechnic (HMEP) in China to enhance training and employment opportunities for its students.

    June11,2024


  • Malaysia's Malacca welcomes investors from China

    Chief Minister of the Malaysian state of Malacca Ab Rauf Yusoh said on Thursday that the state welcomes investors from China in various sectors and offers them incentives to attract investment.

    January05,2024


  • Payment service center for international travelers opens at Kunming airport in SW China

    A payment service center was initiated at Changshui International Airport in Kunming on Wednesday, offering immediate assistance to overseas visitors as soon as they step off the plane. Kunming is a highly popular tourist destination in southwest China's Yunnan Province.

    April11,2024


  • 【Financial Str. Release】China to bolster green, low-carbon development with greater financial support

    China will further crank up financial support for fostering green and low-carbon development, reported Xinhua Finance citing news from the People's Bank of China (PBOC) on Wednesday.

    April12,2024


  • Swedish waste collection company commits to long-term cooperation with China, says CEO

    Collaboration with China on the development of smart and sustainable cities is worth long-term commitment, the chief executive officer (CEO) and president of Sweden's innovative waste collection company Envac AB told Xinhua in a recent exclusive interview.

    August24,2023


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