-
1.
Beijing's E-commerce keeps growing
-
(Data Shorts)
-
According to Beijing’s government, the total transaction value of e-commerce in Beijing, one of biggest cities in China, grew by 45% to 550 billion RMB in 2012. Beijing’s e-commerce market is characterized ...
-
Created on 15 May 2013
-
2.
Chinese Banks reach a net profit of 1.24 Trillion Yuan in 2012
-
(Data Shorts)
-
... these 16 listed banks, the five major banks ICBC, ABC, BOC, CCB, and BOCom earned 239, 145, 139, 194, and 58 billion RMB respectively in 2012. China Merchants Bank (CMB) made 45.3 billion RMB net profit ...
-
Created on 14 May 2013
-
3.
The Latest on Wealth Management in China
-
(Insight)
-
... been created and reached maturity. These matured products realized a 246.4 billion yuan return representing a 4.11% average annual yield for customers. This strong WMP return has brought significant profits ...
-
Created on 08 May 2013
-
4.
Sound Wave Payment – Alipay’s innovation on mobile payment
-
(Insight)
-
... value of mobile payments reached 151 billion RMB, surging by 90% yet still accounting for less than 9% of total internet payments – a sign of its great potential. Apart from third-party companies, the ...
-
Created on 03 May 2013
-
5.
NPLs in Chinese Banks Trending upwards again
-
(Data Shorts)
-
... loan (NPL) ratio both increased in 2012, a sharp move from the “double decreasing” in both NPL balance and NPL ratio in the previous years.
The total NPL balance in the 11 listed banks was ¥385.38 billion ...
-
Created on 27 April 2013
-
6.
China's Financial Industry Spend will keep a steady growth
-
(Data Shorts)
-
According to CCW Research, a local Chinese IT market research company, China’s financial industry IT software spend in 2012 grew to 49 billion RMB and the spending will keep a steady growth in 2013. Banking ...
-
Created on 20 April 2013
-
7.
China e-Tail 2012 Event wrap-up: The Prospects for China’s e-commerce market
-
(Insight)
-
... popular, with total transaction value exceeding 800 billion RMB at the end of 2011. Although China has 210 million internet shoppers, the total online shopping only accounts for 4% of total retail consumption ...
-
Created on 08 December 2012
-
8.
QFII and RQFII continue rapid expansion; signals increased China capital market opening in 2013
-
(Data Shorts)
-
... in 2003. This is a positive signal that foreign investors are more keen to invest in China. Moreover, on Nov. 14th, 2012, Chinese regulators decided to expand the quota by 200 billion yuan to specifically ...
-
Created on 15 November 2012
-
9.
China's Mobile Payment Business continues expansion
-
(Data Shorts)
-
... mobile payment users with a total transaction value of reached 25 billion RMB, 2.5 times as much as in 2011.
In 2012, other key players in China’s mobile payment market also expanded their business. ...
-
Created on 14 November 2012
-
10.
RQFLP: a new channel for offshore RMB back to mainland China
-
(Insight)
-
... Hong Kong. The total quota is about 1 billion RMB. Bank of Shanghai will provide custody services and Haitong securities will take charge of the design and issuance of the RQFLP products in Hong Kong. ...
-
Created on 24 October 2012
-
11.
China’s banking IT spend will continue to grow strongly
-
(Data Shorts)
-
In 2013, China will take over Japan as the biggest consumer of IT products in Asia. According to IDC, China's total IT market size in 2012 is projected to reach 155 billion US dollars, with 20% growth ...
-
Created on 23 August 2012
-
12.
Top-5 Current Trends in China's Payments Industry
-
(Insight)
-
... Growth of Third Party Online Payment
According to iResearch, the total transaction value of online payment in China reached 776 billion RMB, with a 112% year-on-year growth rate. Alipay, China’s biggest ...
-
Created on 04 July 2012
-
13.
China’s total online payment transaction value close to 700 trillion RMB in 2011
-
(Data Shorts)
-
... systems, each from a different bank, and processes an average of 640,000 transaction volume involving 8 billion RMB every day.
We can expect that the expansion of online payment and advancement of technology ...
-
Created on 27 June 2012
-
14.
China Telecom: the biggest RFID near field payment MNO in the world
-
(Data Shorts)
-
On June 16th, 2012, China Telecom, one of three mobile network operations in China, announced that its total mobile payment transaction value in 2012 researched 17 billion RMB, already exceeding the total ...
-
Created on 20 June 2012
-
15.
As of May 2012, the total QFII quota reached 26 billion USD and is expected to continue to grow into the future
-
(Data Shorts)
-
According to China’s State Administration of Foreign Exchange, as of May 2012, the number of Qualified Foreign Institution Investors reached 141, and the total investment quota of QFII reached 26 billion ...
-
Created on 31 May 2012
-
16.
As of April 2012, the total quota of QDII reached 76.4 billion USD, with fund companies and securities companies holding the dominant position
-
(Data Shorts)
-
According to China’s State Administration of Foreign Exchange, as of April 2012, the total QDII investment quota reached 76.4 billion USD, and the number of Qualified Domestic Institution Investors ...
-
Created on 30 May 2012
-
17.
As of January 2012, the total quota of RQFII reached 20 billion RMB; will continue to grow in future
-
(Data Shorts)
-
... and the total quota reached 20 billion RMB. Among them, funds companies and securities companies each accounted for 50%. The latest news from China’s securities regulators indicates that the RQFII investment ...
-
Created on 29 May 2012
-
18.
Proportion of online retail sales as percentage of total retail sales in China continues to increase
-
(Data Shorts)
-
... 2011, China’s Online Shopping Market reached 773.6 billion RMB, with a year-on-year growth of 55.3%. The transaction value of China’s Online Shopping Market contributed 4.3% to the total retail sales of ...
-
Created on 28 May 2012
-
19.
China's bank card circulation grew 5.2% quarterly to 3.1 billion
-
(Data Shorts)
-
According to the latest China’s Payment Report from People’s Bank of China, up to 2012 Q1, the total number of bank card in circulation grew 5.2% quarterly to 3.1 billion, reaching about 2 bank cards ...
-
Created on 25 May 2012
-
20.
Transaction value of China’s 3rd Party Online Payment market reaches 758.3 billion RMB
-
(Data Shorts)
-
According to Eguan, a China-based consulting company, the total transaction value of China’s 3rd Party Online Payment market reached 758.3 billion RMB in the first quarter of 2012.
The quarterly ...
-
Created on 16 May 2012
