China
Citi clinches approval to set up securities company in China
Citi clinches approval to set up securities company in China
It will offer equities brokerage, securities underwriting, and trading services.
3 days ago
Deposit repricing and policy support shields Chinese bank margins
Loan growth slowed and fee income disappointed in Q2.
China investment banking M&A value falls 10% to $274b
Announced transactions climbed 18.1% and reached their highest first-three-quarter count since 2021.
China’s investment banking fees rise 7.4% to $12.9b in 9M
ECM underwriting fees jumped 40% but M&A advisory fees fell 40%.
China rural bank consolidations reflect reform not crisis
Authorities have moved beyond governance to consolidation and risk resolution.
China regional banks hold 26.4% of system assets as consolidation deepens
Mega banks controlled 43.9% of system assets at end-2025.
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.
Commentary
The hidden realities of succession for next-gen heirs
The stablecoin conversation is missing the everyday user
Stablecoin payments are going mainstream. Hong Kong and APAC are showing how
Why digital assets are set to become mainstream in APAC
Bitcoin’s latest hacks expose where trust really sits in Asia