All posts tagged "PBOC"
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1.1KChinaPBOC Partners with Didi Chuxing to Test Digital Currency
The PBOC has established a partnership with ride-hailing firm Didi Chuxing to test its digital currency in payments.
July 10, 2020 -
267China
China Issues Final Rules on Handling Corporate Bond Defaults
The final rules establish trustee managers, bondholder meetings and intermediaries as investor safeguards in the disposal of defaulted corporate bonds.
July 7, 2020 -
514ChinaPBOC Announces Planned Enhancements to Bond Connect
The enhancements will include measures to reduce fees, extend trading hours, expand Bond Connect trading platforms; and enhance primary market service offerings.
July 6, 2020 -
388China
PBOC Cuts Funding Costs for Small Firms, Rural Sectors
The PBOC has cut the rediscount rate for the first time in a decade, and the relending rate for the second time this year.
July 2, 2020 -
369China
PBOC Finalises Rules on ‘Standardised Note’ Issuance
Standardised notes will be considered money market instruments, backed by commercial paper which generates cash flows for distribution to investors.
July 2, 2020 -
511ChinaChina Sets Stage for GBA Wealth Management Connect Scheme
Under a pilot scheme, Greater Bay Area residents will be able to invest in wealth management products distributed by GBA banks across boundaries.
June 30, 2020 -
1.2KCapital RegulationHSBC’s Historical and Regulatory Dilemma Exposed
Financial markets are still reeling from the regulatory implications of HSBC’s support for China’s national security law in Hong Kong, says Peter Guy.
June 25, 2020 -
288Capital Regulation
Chinese Authorities Intervene to Prevent Bank Runs – Report
Local authorities in Hebei and Shanxi reportedly had to intervene last week to halt cash withdrawals at two small lenders amid rumours of mounting bad loans.
June 25, 2020 -
351Capital RegulationChina: Local Govts to Replenish Capital at Smaller, Midsize Banks
Local governments will be allowed to buy ¥200bn in capital replenishment tools issued by small and midsize banks, with a fixed term, detailed repayment plan, and assurances on corporate governance and asset quality.
June 22, 2020 -
342ChinaCSRC to Further Promote Shanghai as International Financial Centre
The pace of opening up China's capital market has further accelerated, in spite of the Covid-19 pandemic, CSRC chairman Yi Huiman said at the 12th Lujiazui Forum in Shanghai on Thursday.
June 22, 2020
