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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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