China

China's weakest regional banks face exits as top lenders shine

Hundreds of village-town banks have been consolidated or deregistered, says S&P.

HSBC joins China's nationwide cross-border cash pooling programme

HSBC China has established over 260 cash pools for multinationals to date.

China regional banks split on loan quality as property exits accelerate

One third of regional banks have creditworthiness in line with sector averages.

Chinese banks' profitability to stabilise as margin pressure eases

Stable policy rates and less intense funding will alleviate pressure, said S&P Global Ratings.

Chinese banks more resilient as $110b injection and reforms take hold

Reforms and consolidation will strengthen its rural banking sector, S&P said.

OCBC inks new 10-year partnership with Bank of Ningbo

OCBC has a 20% stake in the Zhejiang-based bank and will continue its US$5m training grant.

China's tech advances and reserves to shield fincos from risks

But not every finco will benefit from positive industry developments.

Citi names BofA veteran Sophia Wang as head of China FI sales & SRM

Wang is tasked with leading Citi’s institutional sales coverage in the region.

Why Asia’s private wealth industry requires a new era of governance

The focus of private wealth planning should shift from structure to larger goals. 

China injects $54b into state banks and insurers: report

Three state lenders will receive a combined $43.21b (CNY290b) in capital injections.

Chinese banks’ assets rise 6.6% in Q2

Insurance assets’ growth outpaced that of banks during the quarter.

China Big 4 state banks’ profit rise in Q2 but fee income disappoints

Weak credit demand clouds recovery of NIMs, said Morningstar

Chinese banks post solid Q2 but loan growth hits slowest pace since 2019

Other non-interest income remained a key profit driver of banks in Q2.

China financial services lead APAC with $3t by 2035

Vietnam is projected to expand 9.1% annually followed by Indonesia at 8.9%.

Ping An Bank profit rises 3.3% as revenue gains 1.8%

Retail assets under management reached $654.8b by 30 June.

Can China make the renminbi a global currency?

Chinese banks are expanding cross-border use as Beijing keeps capital controls.