All posts tagged "China Construction Bank"
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354ChinaAmundi-BOC Wealth Management JV Wins CBIRC Approval
The joint venture is expected to launch during the second half of 2020. Amundi will own a 55% stake while BOC Wealth Management will own the other 45%.
December 23, 2019 -
186ChinaFormer CSRC Shandong Official Expelled from CCP For Graft
Xu Tie was placed under investigation earlier this year, 6 years after his retirement from the Shandong bureau of the CSRC.
December 10, 2019 -
283Capital RegulationCBIRC Finalises Net Capital Rules for Banks’ Wealth Management Units
The regulator has fixed the minimum net capital for commercial lenders' wealth management subsidiaries at 500 million yuan, and at least 40 percent of the net assets.
December 6, 2019 -
335Capital RegulationChina Publishes Draft Framework for D-SIB Assessments
Moody's says the regulation may widen credit divergences between large and small banks, as the latter are less likely to receive less government support.
November 28, 2019 -
275Capital RegulationQuota Depletion Forces Mortgage Lending Halts in Shenzhen
China Construction Bank, Bank of China and Ping An Bank have reportedly halted mortgage lending in Shenzhen, having depleted their 2019 quotas.
November 27, 2019 -
524China
CCB, Ping An Singled Out for Violating Small Business Lending Rules
CBIRC spot checks have revealed that small businesses were forced to buy in-house insurance products as conditions for obtaining financing at Beijing branches of the two banks.
November 20, 2019 -
333ChinaCSRC to Allow Full Conversion of Non-tradeable Shares to H-Shares
The move is seen as a way for state investors to exit some industries, and a way for some mainland companies to raise new funds and improve liquidity in their H-shares.
November 19, 2019 -
811Capital RegulationChina Intervenes to Support a Third Troubled Bank
China’s sovereign wealth fund and the Shandong provincial government will invest in Hengfeng Bank, which failed to disclose its financial statements for two straight years.
August 12, 2019 -
807Capital Regulation
UPDATED – PBOC, CBIRC Take Control of Inner Mongolia Bank
The PBOC and CBIRC have said they are taking control of Baoshang Bank, a small privately-owned bank whose owner disappeared two years ago.
May 27, 2019 -
1.1KEnforcementUBS, StanChart to Settle Hong Kong IPO Misconduct Case
The case goes back to the 2009 listing of a Chinese timber company, which was later suspended for accounting irregularities. Details of the settlement will be released at a later date.
March 12, 2019
