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China Everbright Bank speeds up digitalization with application system cloud rate reaching 88 pct
China Everbright Bank has advanced digital transformation with the bank's application system cloud rate reaching 88 percent by the end of July.
China's futures trading continues expansion in August
China's futures market in August continued to report double-digit growth in both trading volume and turnover, industry data shows.
Balance of loans up in Shanghai at July-end
The balance of loans in Shanghai stood at 8.19 trillion yuan (about 1.19 trillion U.S. dollars) at the end of July, up 5.9 percent year on year, data showed.
Huawei joins hands with SPD Bank to conduct all-round fintech cooperation
China's tech giant Huawei and Shanghai Pudong Development Bank (SPD Bank) signed a strategic cooperation agreement on Tuesday in a bid to carry out an all-round cooperation, the Xinhua-run China Securities Journal reported on Wednesday.
China's newly added social financing at 20.83 trillion yuan
China's newly added social financing, a measurement of funds the real economy receives from the financial system, came in at 20.83 trillion yuan (about 3 trillion U.S. dollars) in the first half of this year, up 6.22 trillion yuan year on year, central bank data showed Friday.
Cross-border trade settlement in renminbi at 3.08 trillion yuan in H1
Renminbi-denominated cross-border trade settlement hit 3.08 trillion yuan (about 440 billion U.S. dollars) in the first half of the year, central bank data showed Friday.
Lock-up shares worth 88.5 bln yuan to become tradable
Lock-up shares worth about 88.5 billion yuan (about 12.7 billion U.S. dollars) will become eligible for trade in the coming week on China's bourses, excluding those listed on the Nasdaq-style science and technology innovation board.
China's central bank skips reverse repos
The People's Bank of China (PBOC), the country's central bank, skipped open market operations via reverse repos Monday.
Shanghai's Lingang area moves to simplify foreign debt registration and administration
Shanghai authorities have unveiled measures to streamline foreign debt registration and administration procedures for qualified enterprises in the Lingang New Area of Shanghai Pilot Free Trade Zone (FTZ), according to an official circular released recently.
China approves four new IPO applications
China's top securities regulator has approved the initial public offering (IPO) applications of four companies.
China sees bonds worth 20.1 trln yuan issued this year
China's bond market has seen robust growth in the first half of this year as companies and local governments step up bond issuance, data showed.
China's central bank skips reverse repos Saturday
The People's Bank of China (PBOC), the country's central bank, skipped open market operations via reverse repos Saturday.
Overseas investors continue to up holdings of Chinese bonds
Overseas investors have been steadily increasing holdings of Chinese bonds as relatively high yield and the country's opening-up policies make the investments more attractive.
China sees current account deficit in Q1
China saw a current account deficit in the first quarter this year due to mounting pressure from the COVID-19 epidemic.
China approves four new IPOs
China's top securities watchdog has approved the initial public offering (IPO) applications of four companies.
China's top banking, insurance regulator opens WeChat account
The China Banking and Insurance Regulatory Commission (CBIRC), the country's top banking and insurance regulator, launched its WeChat public account on Saturday as a new channel of policy communication with the public.
China interbank money market turnover falls in February
China's interbank money market saw 58 trillion yuan (about 8.2 trillion U.S. dollars) in transactions in February, down 8.22 percent year on year, data from the People's Bank of China showed.
China issues bonds worth 3.6 trln yuan in February
The value of bonds issued in China last month totaled 3.6 trillion yuan (about 507 billion U.S. dollars), official data showed.
China's forex market shows stability amid epidemic
China's foreign exchange market posted steady performance amid the battle against the novel coronavirus, the country's forex regulator said.
China's financial market remains stable amid COVID-19 impact
China's financial market remains generally stable compared with overseas markets despite the spread of the novel coronavirus (COVID-19), according to the country's top securities watchdog.
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