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China's financial security has caused worries

As of the end of 2013, China's broad money (M2) balance was 110.7 trillion yuan, ranking first in the world; while China's foreign exchange reserves reached 3.82 trillion U.S. dollars, has become the first of many countries; banking financial institutions Total assets now up to 151.35 trillion yuan, this result can be proud of the world. If only from the index point of view, it seems that China has become a financial power, but if from a financial security point of view, then China is not actually a financial powerhouse. With the internationalization of the renminbi, how to protect the security of global payments and renminbi? ...

CBRC asks commercial banks to tighten two mortgages without excuse

Housing new loans set a "day amount" the CBRC asked the commercial banks-"no excuses!" Tightening two sets of mortgages "with the housing market warmer, the main residential loans to new loans in the recent hit a" day.  Agricultural Bank of China's latest report shows that this year's 三、四、五月份, the country's new household loans reached 591.8 billion yuan, more than 2005 any 3 months of the sum. However, the regulator's policy on two mortgages is showing signs of tightening. Hangzhou, Zhejiang, after the first tightening of two sets of loans, the reporter learned that all over the banking regulatory Bureau has begun to troubleshoot the agency's home loan business. ...

About 40% of home mortgage concessions have been canceled or reduced

China Securities News reporter learned that at present, the construction Bank, the Bank of China has canceled or adjusted personal first set of mortgage 70 percent discount, the two banks in the housing mortgage loan share of about 40%. Other large state-owned commercial banks are also brewing to adjust the preferential rate of mortgage loans.  Some of the joint-stock commercial banks and foreign banks have not expressed their willingness to adjust the preferential policies of the loans. BOC 2nd made clear that it has lowered the rate of personal housing loan interest rates. BOC is not the first bank to adjust mortgage concessions. It is revealed that the domestic mortgage business market share of the largest construction bank, the end of 2009 has ...

A survey of RMB's global influence: Japanese marvel at the power of RMB

Xianfong, a Japanese journalist at the Global Times, says the renminbi is in Japan, and the global network correspondent in Japan wants to speak first about what it sees this year. A private entrepreneur from mainland China visited Japan. That night, when he went shopping at the San Yue department store in Ginza, Tokyo, it was time to close the store. At this time, he asked for translation to find the owner of the mall, said that they will return home tomorrow, I hope to buy some items here today, ask if you can close one o'clock in the evening? "How much money do you want to buy," Xiaohe, the mall owner, asked. He answered, "100,000 yuan." The eye of the person in charge ...

Domestic cardholder consumer confidence shocks rise

China UnionPay and Xinhua News agency yesterday jointly released the two quarterly "Xinhua UnionPay" Bank of China Card consumer confidence index ("BCCI") showed that this year, domestic consumer confidence has stabilized, although there are small shocks but still in the normal range of fluctuations. Research shows that this year's two quarter of BCCI is 85.58, although compared with 86.95 in the first quarter of this year showed a slight shock, but higher than the financial crisis in the third quarter of last year when the overall outbreak of 85.31, from the first quarter of last year, the overall performance of the index is moving upward trend, indicating that

List of adjustments for reserve requirement ratio

The People's Bank of China has decided to raise the deposit reserve ratio of deposit-type financial institutions by 0.5% from January 18, 2010.  In order to enhance the financial strength of agriculture, support spring plowing plowing, rural credit cooperatives and other small financial institutions not to raise. The following is the deposit reserve ratio adjustment tables: Deposit reserve ratio adjustment list number of adjustments before adjustment (unit: percentage) 312,010 year January 12 (large financial institutions) 14.50%15.00%0.5 (small and medium-sized financial institutions) 13.5% No adjustment 302,008 Year 12 ...

The 22,000 point of the Hang Seng index is more likely to come up after consolidation

In Friday, the Bank of Hong Kong followed the mainland stock market decline, the decline continued to expand after the lower opening, the Hang Seng index fell 22,000 points.  The Hang Seng index Day closed to 21,865 points, fell 292 points or 1.32%, the silver shares fell significantly, but HSBC (00005) but the city rose, the relevant subscription card attract funds sought after. The mainland's Shanghai and Shenzhen 300 stock index futures were listed on the first day of Friday, when the mainland stock market fell, the Shanghai Composite Index fell 1.1% to 3,130 points, and the Shanghai and Shenzhen 300 index also fell 1.1% to 3,356 points. Hong Kong shares have fallen in the mainland, and the Bank of China has declined in particular.

A line of three will be strictly limited to excess industry loans

New Express News yesterday, the People's Bank of China, the Banking Regulatory Commission, the SFC and the CIRC jointly promulgated the "on further financial services to support the revitalization of key industries and to curb some of the industry's overcapacity guidance."  According to the opinion, at present, China's economy is in the key period of stabilization and restructuring, the financial industry will continue to implement moderately loose monetary policy, ensure that key industries adjust and promote fair capital demand, focus on expanding domestic demand, optimize credit structure, and promote the transformation of economic development mode and economic restructuring. In particular, the financial institutions of the banking sector should strictly put credit on the positive branch ...

BOC North Quarterly suspension of personal mortgage loan

In principle, the bank suspended the first quarter of personal mortgage loans, housing and car mortgage loans are included.  One of the mortgage loans in the house is not completely discontinued, but the request "Report and a batch", and second-hand housing mortgage loans are no longer issued "financial" reporter Dong want to xiao "financial" reporter from close to the Chinese people to understand that the bank Beijing branch February 3 received internal notice, in principle, the first quarter no longer issued personal mortgage loans. According to the Bank of China's Beijing branch internal documents, the bank in principle stopped a quarterly personal mortgage loans, "if the customer has special needs, must be reported to the Personal loan department, a sum ...

Cross-border trade RMB settlement 6th the first single business will be born

The trial of RMB settlement of Cross-border trade was officially launched.  The opening ceremony of RMB settlement of Cross-border trade will be held in Shanghai on 6th, meanwhile, the first single import and export business of renminbi settlement will be formally born. Reporter learned from the Bank of Communications, 6th Shanghai Silk Group Co., Ltd. launched the first RMB cross-border trade valuation and settlement business, the buyer for the Sino-Trade (Hong Kong) Limited, the conduct of Shanghai Silk provides the first single renminbi cross-border remittance settlement services. In addition, the bank also accepted Shanghai HuanYu Import and Export Co., Ltd. Informer pen to RMB cross-border pricing and settlement of remittance business, mining ...

To mortgage that internet companies do this rural finance

Both emerging internet companies and traditional financial institutions have recently shown a strong interest in rural finance. In the near term of the news that the central government has demarcated four financial institutions as the main force for rural gold reform, emerging internet companies are also intensively laying out rural finance. Last December, Beijing-East announced a high-profile cooperation with Grameen, into rural finance, Ali ant to announce the rural financial market as the next step to expand the field. Other Peer-to-peer Internet financial institutions are also trying to get their hands on the field of rural finance. The increase in new collateral appears to be coming. According to the 21st century ...

There is news that the wave plan is a complete replacement for IBM's server business in China

IBM was "dug up" the Chinese server maker Wave group launched an "erosion" of IBM customers at a time when the Chinese government studied and assessed whether the reliance of domestic commercial banks on International commercial Machine Company (IBM) servers would threaten national security. Wave Group to the Beijing News reporter sent a data show, May 27, the wave launched the National Innovation Data Center national tour, display wave high-end server, universal server, storage System, cloud computing large data, high-performance computing and Host security of the six modules of the 18 models, 12 solutions and should ...

China's online game market, host games or into a high-speed growth point

Microsoft China announced that it will hold an Xbox One press conference on July 30 to promote the launch in September. After June 30, the Bank of China, the Microsoft Xbox one, won the national 3C certification, and released the new regulations of the State Council early this year, from the technical point of view to abolish the "June 2000" on the implementation of special governance views of the video game business premises notice "( Commonly known as game console ban) to solve the final problem. Shanghai Free Trade Zone has attracted more companies to enter, well-known Chinese Internet operator BesTV (BesTV) and Microsoft jointly set up a joint ...

On the experience of Internet products in China

More and more netizens are aware of the word "user experience," although they may not fully understand what the user experience contains, but at least they can tell you what is good and what is not. And Web1.0 times is different, Web2.0 era site, users do not have only one choice, on the contrary, users have a lot of choices.   If a site has a very poor user experience-unless the user has to use the site-the user will slowly leave. This period of geek observation to abandon the past only praise not criticize style, try to analyze the Chinese Internet ...

Ccigmall Online, the trading system effectively curb the "purchasing and smuggling" and other international trade chaos

Domain Name City (domain.cn) December 9 News, China's local cross-border electricity business platform Xin NetEase business Ccigmall has been on the December 5 officially online.   The domain name enabled for this platform is ccigmall.com. It is understood that Xin NetEase business is by Century International group Beijing Century Shinkansen Network Technology Co., Ltd. jointly with the Chinese Federation of Trade, Bank of China, China Telecom, UnionPay business jointly created by the country-specific Cross-border business-to-business electronic trading platform. The platform selected from eight countries in Europe and the United States of origin tens of thousands of kinds of goods, will be presented in China's nearly million retail ...

17,600 points for the important support of the fall future will be light

Rich Securities Zhangzhihao Future resistance: 20000 mainland A A-share momentum, on the contrary, the local stock market seems to be unable to catch up, the index failed to get rid of the 4-day trend of trading, yesterday even fell through 18,000 points.  The cumulative decline of HSI in the past 4 trading days has been as high as 1100 points, and the recent strong shares of the Bank of China have also seen a large return yesterday, in which the construction of three lines has caused the index to fall nearly 140 points. A number of large banks issued a report that the local stock market is in high condition, including the Lyon directive from March to the rise of the wave or will end, and Credit Suisse also published a report on the local banking unit, ...

January-November RMB loans increased 9.21 trillion year-on-year increase 5.06 trillion

The People's Bank of China released the November 2009 Financial Statistics report, data show that 1-November RMB loans increased by 9.21 trillion yuan, more than 5.06 trillion yuan year-on-year.  RMB loans increased 294.8 billion yuan each month. The money supply grew by 29.74% per cent. At the end of November 2009, the Broad Money supply (M2) balance was 59.46 trillion yuan, an increase of 29.74% per cent over a year earlier, and a 11.92% higher than the end of last month, at 0.23%. Narrow money Supply (M1) balance is 212,500 ...

Banks to tighten two of mortgages

News that commercial banks are tightening their mortgages has been on the show lately.  Reporter yesterday from a number of commercial banks in Shanghai to understand that by mid-January this year, although the two-suite loan down payment requirements of 40%, but in fact many banks can still through the "improvement of housing" and "personal unit" and other means to circumvent the restrictions, and in the middle of January, the Shanghai commercial banks to play "edge" approach has been completely halted. ⊙ reporter Yu Bingbing Li Hayu 0 Edition Heng Road celebrates two sets of loans overall tightening reporter yesterday learned from the Bank of Communications Shanghai Branch, and so on, the current bank mortgage business has entered strict austerity ...

Consensus forecast: February trade surplus narrowed to $4.7 billion trillion

by Bao Zhe March 7, "The Vision Cup China macroeconomic February consensus", issued by the Securities Market weekly by Sina Finance Exclusive network, shows that the average value of the trade surplus in February is around 4.7 billion US dollars.  The survey found that the February trade surplus was the highest value of 20 billion U.S. dollars, the lowest value of 5 billion U.S. dollars (trade deficit of 5 billion U.S. dollars), the expected median value of 4.7 billion U.S. dollars. 601988.sh/3988.hk She Yuedong, a macro analyst at Bank of China, said in a telephone interview that export growth is expected to recover gradually in the first half of the year ...

ICBC to halt third mortgage

Xinhua News reporter yesterday from HSBC and ICBC Guangzhou Branch learned that the two banks have received their respective headquarters of the implementation of the rules, the suspension of family-unit third suite and above loans.  So far, Guangzhou publicly declared the third set of loans to the banking institutions have reached seven.  BOC recently announced the introduction of real estate credit management measures, in principle, suspended the issuance of third and above housing loans, and the stock of the first set, two sets, three sets and above the rate of floating loans to the benchmark rate of 0.85 times times, 1.1 times times and 1.2 times times respectively. Application in Process ...

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