Tang Ziyi
Stories by Tang Ziyi
China’s CITIC Securities 2024 profit rises 10%, driven by investment gains
Chinese stocks registered their first annual gain last year following an unprecedented three-year decline.
Bank of China sets up $7b fund to invest in technology startups
Earlier this week, Industrial and Commercial Bank of China launched a tech and innovation fund.
China to set up national venture capital guidance fund
The fund will focus on "hard tech" areas like semiconductors and renewable energy.
China’s affordable housing push unlikely to bring cheer to cash-strapped developers
Waves of support measures over the past two years have failed to revive the sector.
China’s consumer lenders set for shakeout as new rules raise the bar
The measures are expected to drive China's consumer finance companies to seek deeper-pocketed investors or merge.
Guangzhou eases mortgage rules as China steps up efforts to revive property sector
The decision comes as some Chinese state-owned banks are expected to lower interest rates on existing mortgages.
China’s financial regulatory revamp raises hope, some concern over control
The new watchdog will oversee all aspects of China's $57t financial sector apart from the securities market.
China central bank unveils list of 19 systemically important banks
The list of banks includes six state-owned commercial banks
China regulator probes banks’ property loan portfolio to assess systemic risks
CBIRC is understood to be probing whether credit decisions were made according to the rules
Tencent lays off staff at NFT unit as Chinese regulators step up scrutiny
Huanhe has only been operating since August 2021.
