Banking in China

China banks see bad loans rise for fifth quarter

2 Mar 2013

Bad loans at mainland banks increased for a fifth straight quarter at the end of last year, and analysts expect a further deterioration in asset quality this year.

Foreign banks in China to tame pay and slow hiring: Robert Walters

21 Feb 2013

Hiring in Beijing will remain low as global economic uncertainty continues and employers strive to control costs, according to Robert Walters's annual survey, which did not forecast specific...

The black hole that is wealth management products

14 Feb 2013

Wealth management products are becoming the object of suspicion and worry on the mainland. Investors have little idea where the money they put into these products ends up.

Mainland bank shares soar 49 pc

2 Feb 2013

The CSI China Mainland Banks Index ended the day up 4 per cent yesterday at 4,716.6 points - an increase of 49 per cent from 3,163 points on December 3.

Scandals set off watchdog warnings

25 Jan 2013

Shanghai's banking regulator has told lenders to set up telephone hotlines for complaints about staff misconduct in selling wealth management products.

The move is seen as a gesture towards...

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

Countdown begins to QDII2 scheme

Beijing will soon issue a new rule governing individual mainland investors' direct investments in Hong Kong stocks, according to two people with knowledge of the plan.

CDB appoints new Hong Kong boss after Ping An loan probe

The head of China Development Bank's Hong Kong branch has been moved back to Beijing after an internal probe into a loan deal for the US$9.4 billion bid by a Thai conglomerate for HSBC's holding...

Beijing can't afford to rein in the shadow financing system

According to mainland media reports, Beijing has set this year's quota for new bank loans at nine trillion yuan (HK$11.11 trillion).

BANKING

Big Four's new-loans quota for 2013 'close to 3tr yuan'

The four biggest mainland banks by assets are expected to get a 35 per cent share of the country's new-loan quota of 8.5 trillion yuan (HK$10.6 trillion) this year, maintaining their dominance...

BANKING

Minsheng net profit below market expectations

China Minsheng Banking fell short of analysts' expectations in its full-year results yesterday.

TRADING

Weak sentiment takes shine off mainland brokers

Mainland brokerages reported declining profits for a third year in 2012 as jittery investors and a sluggish market for initial public offerings (IPOs) added to weak trading conditions.