Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. [Photo/Agencies] Regulators’ strengthened supervision will help China’s capital market to mature toward its high-quality development, domain experts said on Wednesday after reviewing the latest market consolidation deal in the segment of securities brokerages. They said higher requirements in terms of … Continue reading Brokerages’ deal augurs well for capital market recast
Category: Finance
Analytics and Metrics in Legal Services Marketing: What to Measure and Why
In today’s competitive economy, law businesses must value data. Data improves choices. It reveals successes and failures. Legal companies employ conventional marketing criteria to evaluate performance. These measurements demonstrate marketing strategy effectiveness. Understanding link building is essential to increasing your law firm’s internet presence. This is covered in “Chapter 4: Link Building for Law Firms” … Continue reading Analytics and Metrics in Legal Services Marketing: What to Measure and Why
China sees fruits from facilitating foreign visitor payments
A foreign tourist pays via Alipay at a store in Beijing. [Photo/China Daily] China is seeking greater breakthroughs in facilitating foreign visitors’ payments by the end of June as relevant efforts have borne initial fruits with overseas visitors’ onshore payments as bank cards and mobile payment saw double-digit growth last month. At a meeting attended … Continue reading China sees fruits from facilitating foreign visitor payments
New rate swap contract in the offing
File photo shows an exterior view of the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] In a bid to expand the opening-up of financial markets, China will launch a key standardized interest rate swap contract under the Swap Connect, and continue to waive clearing fees, as the program approaches its first anniversary. … Continue reading New rate swap contract in the offing
China’s Swap Connect further enhanced to promote financial opening up
A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] BEIJING – Swap Connect, which is about to celebrate its first anniversary, is ready to further promote the opening up of China’s financial market as regulators made new arrangements under the scheme. Launched on May 15, 2023, Swap Connect is … Continue reading China’s Swap Connect further enhanced to promote financial opening up
Special bonds aim to promote demand, growth
Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. [Photo/Agencies] China’s plan to sell 1 trillion yuan ($138 billion) in ultra-long-term treasury bonds marks its latest move to bolster fiscal support for the economy, a step that experts say will stabilize expectations, boost domestic demand and shore up growth. … Continue reading Special bonds aim to promote demand, growth
Interest rates and RRR may see cuts
A pedestrian walks past the headquarters of the PBOC in Beijing. JIANG QIMING/CHINA NEWS SERVICE China may need additional monetary easing measures such as cutting interest rates or the reserve requirement ratio soon to facilitate the upcoming issuance of special treasury bonds, experts said on Monday. Other factors to be taken into consideration include lukewarm financing … Continue reading Interest rates and RRR may see cuts
Swap Connect announces first anniversary developments
A view of the Victoria Harbor in Hong Kong. [Photo/IC] In a bid to extend the opening up of financial markets, China has announced it will launch a key standardized interest rate swap contract under the Swap Connect, and continue to waive clearing fees, as the program approaches its one-year anniversary. The Swap Connect, which … Continue reading Swap Connect announces first anniversary developments
China to initiate issuance of ultra-long special treasury bonds
A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. [Photo/Xinhua] BEIJING – China will issue ultra-long special treasury bonds starting Friday to raise funds for the implementation of major national strategies and build up security capacity in key areas, the Ministry of Finance said Monday. The … Continue reading China to initiate issuance of ultra-long special treasury bonds
High-standard financial opening-up planned
A view of the Huangpu River in Shanghai. [Photo/VCG] The National Financial Regulatory Administration is planning to introduce more opening-up measures to address legitimate concerns of foreign institutions and improve regulations on foreign banks and insurers, thereby facilitating development of foreign institutions in China, an official of the top financial watchdog told China Daily in … Continue reading High-standard financial opening-up planned