Finance

China's insurance sector ready for recovery in 2021 - China Finance News
Finance

China's insurance sector ready for recovery in 2021

China's insurance sector is forecast to record double-digit new business value growth in 2021, thanks to demand recovery and moderated asset/liabilities risk.
Banks barred from online deposits business via third-party platforms - China Finance News
Finance

Banks barred from online deposits business via third-party platforms

Commercial banks will no longer be allowed to carry out online deposit business via third-party Internet platforms.
Willis Towers Watson adds city to P&C hub - China Finance News
Finance

Willis Towers Watson adds city to P&C hub

Company says the addition of Shanghai should enable the hub to facilitate the sharing of ideas, expertise, innovation and perspectives across the Asia-Pacific region.
Yuan to strengthen against the US dollar - China Finance News
Finance

Yuan to strengthen against the US dollar

Economists expect the stabilization of US-China relations and continued foreign portfolio inflows to push the yuan stronger against a weakening dollar in 2021. 
New measures to rate consumer credit firms - China Finance News
Finance

New measures to rate consumer credit firms

The China Banking and Insurance Regulatory Commission aims to strengthen classified supervision and promote the sector's sustainable and healthy development.
GBA survey indicates continued improvement - China Finance News
Finance

GBA survey indicates continued improvement

The last quarter of 2020 saw business confidence in the Guangdong-Hong Kong-Macau Greater Bay Area continuing to improve, a Standard Chartered Bank survey said. 
Securities regulator's first penalty of 2021 - China Finance News
Finance

Securities regulator's first penalty of 2021

Pair warned and fined for manipulating stock price of AVCON Information Technology Co though slumps indicate their accounts lost around 323.72 million yuan (US$50.03 million).
Car owners benefiting from digitalization - China Finance News
Finance

Car owners benefiting from digitalization

Song Zhenhua, vice president of ZhongAn Online P&C Insurance, says car owners are enjoying superb and efficient service beyond claim settlement.
Friday decline but strong week for stocks - China Finance News
Finance

Friday decline but strong week for stocks

The Shanghai Composite Index dipped 0.17 percent to close at 3,570.11 points but surged 2.79 percent in the first week of 2021 after its 2.25 percent rise in the previous week.
Bitcoin now 'more valuable than Alibaba' - China Finance News
Finance

Bitcoin now 'more valuable than Alibaba'

Cryptocurrency said to have a a market value of US$720 billion at current prices, behind Apple, Tesla and Facebook but ahead of Tencent, Alibaba and Visa.
Investment down in 2020 but medical and technology still booming Spring Festival dinner at home this year City Grade A office rentals extend decline Zhihu spending billions to expand services 158,000 Tesla recall for touchscreen failures A much needed shot in the arm for offline shopping Surge in demand for consumer electronics China's auto market sees strong recovery in 2020 Sonova hears the unspoken pain of children with ASD Events blend online and offline business Overseas capital continues to flow into city JLL predicts 20% rise in real estate investment China's top market regulator probes Vipshop over suspected unfair competition Forum told cities need to be more resilient New home buying sentiment remains strong BeiGene and Novartis tag teaming to expand global reach Tesla hunts for design chief to create cars for China China's central bank injects liquidity into market Physical stores critical to DR PLANT's branding, expansion First online-only CES showcases latest technologies and products China supporting cross-border e-commerce Beijing Hyundai to recall 2,591 electric vehicles in China City encourages better community management City's new housing market ends 2020 with a roar Boeing to pay US$2.5b to settle US fraud charges after MAX crashes SAIC Motor sets out plan for next 5 years Authorities progress preparations for RCEP Lenovo shares surge after Shanghai STAR Market listing plan New home sales in city hit a 3-year high AI firms conclude cooperation agreements Brash billionaire: Tesla CEO Musk world's wealthiest person Dicos adds plant-based egg to fast food menus World's leading tech show goes ahead, virtually China's foreign trade hits record high in 2020 with trend-bucking growth China's new home prices slow in November as market-cooling steps take hold New Development Bank HQ completes construction Foreign firms honored for poverty alleviation efforts Real estate firms accelerate digitalization Local startup to boost international trade Top firms grow in value despite pandemic New-energy startup to reveal first sedan Sinopec Shanghai's carbon fiber breakthrough
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