China
Chinese banks still see long-term stability ahead
The sector is cushioned enough to absorb eroding asset quality.
Chinese banks still see long-term stability ahead
The sector is cushioned enough to absorb eroding asset quality.
2020 tipped to be the worst year for China's retail savings and investments
Losses will affect China’s high net worth segment significantly.
Chart of the Week: China's consumer lending market growth to stall at 6.2% in 2020
This is ten percentage points lower than the 16.3% growth recorded last year.
COVID disruptions intensify risks for Chinese banks
Regional banks are more vulnerable due to weak capitalisation.
Coronavirus drags on Chinese leasing firms' profits
Those with no parent banks to bail them out will be the most severely impacted.
Chinese banks post net profit, operating income growth in 2019: report
Sample size was equivalent to 71.37% of total assets and 76.77% of net profit.
Coronavirus to amplify hierarchy in Chinese banks: analysis
Banks with high exposure to SMEs will bear the brunt of the epidemic.
Chinese banks post loan recovery in March, but further growth unlikely
A fiscal stimulus is needed to spur demand.
China shadow banking credit down $42b amidst pandemic disruption
A 5% dip in core shadow credit triggered the fall.
ICBC resilient against pandemic drawbacks: analysis
But it may have a hard time sustaining its 2019 net profit growth.
Chinese central bank's RRR cut raises banks' asset yields: analysts
Higher asset yields will relieve pressure on profitability.
TransferWise partners with Alipay
The platform will grant instant money transfers to China in 17 currencies.
HSBC confirms COVID-19 case in China, London offices
These cases are unrelated, interim CEO Noel Quinn said.
Ant Financial buys minority stake in Swedish fintech Klarna
The stake was acquired for an undisclosed amount.
China lets banks waive bad loans from COVID-hit firms
Qualified businesses can apply for delays until end-Q2.
Chinese banks' latest LPR cut to derail NIMs, profits
Loan prime rate dropped 10 basis points to 4.05% on February 20.
Chart of the Week: China gradually opens up $16.5t card market to foreign players
Card payments value is expected to grow 11% CAGR to $25.9t by 2023.