Shenzhen Development Bank's (SDB) former chairman, Zhou Lin, has been arrested with three former employees of the Shenzhen-listed lender because of alleged involvement in a US$185 millio... Read more
Ping An Insurance, China's second-largest life insurer, said it aimed to expand its banking and asset management operations through acquisitions in an effort to become an integrated fina... Read more
Reforms of China's big state banks have failed to instill a genuine credit culture, new International Monetary Fund research has found. The IMF working paper, published Thursday, reviews... Read more
Liaoning Publishing Group, one of China's largest publishers, has been given the go ahead to list part of its operations in Hong Kong, the Financial Times reported, citing industry sourc... Read more
Industrial and Commercial Bank of China, the country’s largest commercial bank, wants to buy an overseas lender and intends to launch a subsidiary in Russia, Reuters reported. Executiv... Read more
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