Tracy Li

Business Reporter
Finance

Tighter scrutiny on insurers' offshore financing activities

Monitoring by China's insurance and foreign exchange regulators aims to prevent risks from overseas investments building up.
Finance

Shanghai banking sector sees improved asset quality in 2017

In 2017, Shanghai's banking industry kept good development momentum and recorded improved asset quality, according to the latest statement from the local banking regulator.  
Finance

Shadow banking growth will be constrained in 2018 by intensified regulation, says Moody's

Tightened oversight is having a growing impact across the shadow banking sector, which will further reduce the sector's contribution to total social financing flows, said Moody's.
Finance

Shanghai stocks plummet around 10 percent, the biggest weekly fall in two years

Losses on the China stock markets widened on Friday after the big crash on Wall Street, which sent the benchmark index to its biggest weekly loss in two years. 
Company

Banks pivot toward an innovation-led strategy

Greater digital maturity is critical to global banks' future success which requires them to take advantage of the ecosystem externally and become more digitally enabled, EY said.
Finance

China ranks No.2 in global green bond issuance, US$ 37.1 billion in 2017

China cemented its position as a key player in the global green bond market with policy support, a growing momentum at local level and a diverse issuer types and use of proceeds.
Finance

Shanghai shares fall 1.43% to end below 3,300 level

A nearly 3% drop in the SSE 50 clouded investor sentiment in the A share market. 
Finance

Fitch: Chinese wealth management products grow further

The outstanding balance of wealth management products continued to rise in the second half of 2017, despite tightened regulations since early of last year, said Fitch Ratings.
Economy

Shanghai steps up efforts to optimize business climate for enterprises

The government has unveiled a package of targeted policies and measures to improve the business operating climate for enterprises and the public, local officials said today. 
Company

DBS Bank forges alliance to adopt blockchain technology

DBS Bank (China) signed a cooperation agreement with Shanghai Wanxiang Blockchain Inc, aiming to  promote the adoption of blockchain technology in the financial industry. 
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