Tag: Chinese regulators


Chinese regulators consider AliPay and WeChat antitrust probe

August 4, 2020

Via: Banking Technology

According to Reuters sources, the State Council has gathered evidence on the two firms for more than a month. It plans to investigate whether the payments giants have used their dominant market position to prevent competition from gaining a significant […]

Channels, Regulations

Chinese regulators planning digital banking go-ahead

January 16, 2020

Via: Banking Technology

In what is being billed as a push to reduce risk in the financial sector and encourage new entrants into the marketplace, the new rules could allow existing foreign companies in China – Like HSBC and Standard Chartered – to […]


Chinese regulator opens market access for foreign banks

January 6, 2020

Via: Banking Technology

Following a period surveying the industry, the regulator has published new measures which cancel the total asset requirement for foreign banks aiming to set up in China. It will also relax limits on shareholders of joint ventures in the country. […]

Activity, Trading

Deutsche Bank shares dip after report that China’s HNA plans to sell its stake

September 7, 2018


HNA Group, one of China’s largest conglomerates and the owner of a $40 billion-plus empire of businesses and company stakes, will be exiting its 7.6 percent stake in Germany’s Deutsche Bank, the Wall Street Journal reported Friday. The decision, according […]