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Searching for "China Banking Regulatory Commission"
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China to Launch CDR Soon to Enable Overseas-listed Chinese Firms to Return to A-Shares
Shanghai Securities News, 3/16/18
Early stage preparations for the launch of China depository receipts (CDR) are currently underway. Read More
Rumor: China's Banking Regulator to Consolidate Micro Lending Industry
International Financial News, 11/22/17
The Financial Stability and Growth Committee of China's State Council, the country's cabinet, has instructed the China Banking Regulatory Commission (CBRC) to clean up and rectify the online lending market, according to an industry insider cited by International Financial News. Read More
China Bans Online Lending Services to Students
Finance Office of People's Government of Jiangxi Province, 6/16/17
China has decided to ban companies from offering online lending services to students, according to a notice issued by the China Banking Regulatory Commission (CBRC), Ministry of Education (MOE), and Ministry of Human Resources and Social Security (MOHRSS) published on the Jiangxi Provincial Government Finance Office website. Read More
Meituan-Dianping Wins Regulatory Approval for Private Bank, Small Loans Business
Sina Tech, 12/27/16
The China Banking Regulatory Commission (CBRC) has granted approval to Jilin-based private bank Yilian Bank, of which Meituan-Dianping, the company formed by the merger of group buy site Meituan.com and online ratings site Dianping.com, is the parent company. Read More
China's Central Bank to Establish Online Finance Stats Monitoring System
Beijing Business Today, 11/30/15
China's Central Bank and Association of China Internet Financial Industry have jointly developed a preliminary system for the monitoring of online finance statistics, according to an announcement by Sheng Songcheng, department head of survey and statistics at the People's Bank of China. Read More
Tencent Bank Receives Regulatory Approval
Sina Tech, 7/25/14
Shang Fulin, chairman of the China Banking Regulatory Commission (CBRC), has disclosed that the commission has approved the establishment of three private banks, including a bank jointly founded by Chinese internet and mobile services firm Tencent (0700.HK), Shenzhen Baiyeyuan Investment, and Shenzhen Liye Group. Read More
China Approves Alibaba, Tencent Banking Trials
iResearch, 3/11/14
Shang Fulin, Chairman of the China Banking Regulatory Commission (CBRC), recently revealed that China's State Council has given its nod of approval for the establishment of 5 private bank pilot programs. Read More
Alibaba Denies Taobao Loans, Alipay Merchant Fees Linked
Sina Tech, 10/24/11
At an Alibaba Cloud Computing ("AliCloud") developers' meeting on October 24, Alibaba Group VP Simon Hu denied recent rumors that the funds backing Alibaba B2C and C2C subsidiary Taobao's small business loans were connected to the Alipay merchant consumer protection deposit fees. Read More
Alibaba Applies to Establish Commercial Bank
Xinhuanet, 9/25/10
Alibaba Commercial Bank of Zhejiang Province, which has received investment from Alibaba Group, has reportedly passed the inspections of the People's Bank of China (PBC), China's central bank, and the China Banking Regulatory Commission (CBRC), and will soon receive official notification to this end. Read More
China Mobile, SPDB Cooperation Awaits Approval
Beijing Times, 3/31/10
A meeting of Shanghai Pudong Development Bank (SPDB) shareholders has overwhelmingly approved proposals to make a private offering of shares to China Mobile (NYSE: CHL; 0941.HK). Read More
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