Bank of China pips HSBC in bond deals as Hong… Investment bankers got busier arranging more bond deals in Hong Kong while the IPO market slumped to the lowest…
China’s digital yuan office was too generous in… The Digital Currency Research Institute gave employees an average pay bump of 28 per cent in 2020, eight times the…
Blockchain-based securities are expanding Hong… UBS and Bank of China have a new private security product on Ethereum, while the Hong Kong government has issued a…
Why is China’s yuan-internationalisation push… Beijing has been trying to get more countries to use its currency for years, but until these hurdles are cleared,…
China’s big 5 cut deposit rates to aid economy,… China’s big five state-owned banks lowered deposit rates for the first time this year on Thursday, but top…
Yuan ‘new choice’ in Asia-Pacific as world’s… Bank of China report says more than 90 per cent of domestic and foreign firms believe ‘strongly’ using the yuan…
Chinese banks shield interest margins with… Chinese banks are slashing interest rates for depositors as consumer savings surge in a slowing economy, seeking to…
‘Why do you still use cash?’ Money in China,… China has been using cash for almost 4,000 years, from early cowrie shells to its first standard copper coin 2,000…
BNP Paribas teams up with BOC to foster use of… BNP Paribas, Hang Seng Bank team up with local Chinese banks to promote digital yuan with their clients as domestic…
China trails global financial firms in… Of the 200 or so ‘globally significant’ institutions with formal policies restricting investment in coal-related…