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HKMA Publishes Guideline for Stablecoin Issuers Can Submit Applications by September 30 or Earlier
July 29, the Hong Kong Monetary Authority (HKMA) published a set of guidelines related to the licensing regime for stablecoin issuers effective August 1, 2025, including the \"Guideline on Licensed St -
Consumer Credit "Price War" Cools Down, Banks Start to Offer Higher Loan Amounts? 1200 Million Can Borrow for 7 Years, Interest Rate Regresses Above 3%
Following the implementation of the China Banking Regulatory Commission\'s notification on developing consumer finance and boosting consumption, various banks have begun to offer higher loan amounts f -
16 Chinese Insurers and Banks Rank in the 2025 Fortune Global 500!
The 2025 Fortune Global 500 list has been unveiled, featuring which Chinese insurers and banks have made it onto the list? -
China's Beijing Region Reports 12.08 Trillion Yuan in Outstanding Loans by June End, with a Growth Rate of Nearly 10% over the Past Year
July 29th, Hexun Bank, Beijing Branch, and the State Administration of Foreign Exchange, Beijing Branch, held a press conference to release news on the third quarter of 2025.Mr. Liu Qianguo, Deputy Di -
RMB Interbank Rate Rises to 7.1441, Up 70 Basis Points! Analysts Say Probability of Fed Keeping Interest Rates Steady This Week Is 97.4%
July 30, the RMB interbank rate rose to 7.1441, up 70 basis points.Probability of Fed Keeping Interest Rates Steady This Week Is 97.4%According to CME\'s \"Fed Watch\": The probability of the Fed keep -
Ping An Insurance Soars Over 2%, Sets New High Since April 2021, and Year-to-Date Gain Exceeds 18%! A-Shares Reach 3600 Points; Industry Insiders: Insurance Sector Has Never Been Absent from Leading the Charge in Previous Bull Markets
Gelonghui July 30th|Ping An Insurance(601318)A-Shares surge over 2% to report 60.74 Hong Kong dollars, setting a new high since April 2021; the stock has gained over 18% year-to-date. As the Shangh -
Chinese Stocks Bank Shares Surge, Postal Savings Bank, China CITIC Bank Rise Over 2%, and Other Banks Rise Over 1%
July 30th, Gelonghui|China\'s A-share market bank shares surge, whereupon Postal Savings Bank, China CITIC Bank(000001) rose over 2%, and other banks such as Agricultural Bank of China, Nanjing Ban -
National Development and Reform Commission: Venture Investment Funds Must Focus on New-Type Production Capacity to Address Key Bottleneck Issues
Granton Daily July 30th | The Draft Guideline for Government Investment Fund Layout Planning and Orientation (Public Consultation Version) proposes that government investment funds should focus on -
National Development and Reform Commission: Government Investment Funds Must Not Increase Local Governments' Hidden Debt through Indirect Means
Grande Summit July 30th|The National Development and Reform Commission has publicly sought opinions on the \"Guidelines for the Layout of Government Investment Funds and Orientation Work\" and th -
Alibaba's Wei Wai Secures ST Huatong Shares at 2.79 Billion Yuan, with a Premium of 12%
Glodon July 30th | According to Alibaba\'s Asset Platform, today, in the public auction of ST Huatong shares held by Shaohe, Wei Wai won the bid for 2261.73 million shares (approximately 0.3% of the c -
HSBC: US hedge funds pour massive amounts of capital into mainland China and Hong Kong! Quantitative funds seeking entry into Chinese A-shares, demand continues to rise
Gracenote July 30th | Regional Market Manager at HSBC Group reports that the company plans to increase the number of employees in its Asian rates and institutional sales business by 5%-10% next ye