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Citigroup gets regulatory nod for fund custody business in China

Citigroup gets regulatory nod for fund custody business in China
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China , Shanghai , Hong-kong , Chinese , David-russell , China-securities-regulatory-commission , Citibank-china-co-ltd , Head-of-securities-services , Citigroup , Allianz , Securities-services , Hong-kong-markets-head

Allianz : Citigroup gets regulatory nod for fund custody business in China

Allianz : Citigroup gets regulatory nod for fund custody business in China
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

China , Shanghai , Hong-kong , Chinese , Richard-chang , David-russell , Samuel-shen , Andrew-galbraith , China-securities-regulatory-commission , Citibank-china-co-ltd , Head-of-securities-services , Allianz

Citigroup gets regulatory nod for fund custody business in China

Citigroup gets regulatory nod for fund custody business in China
channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.

China , Shanghai , Hong-kong , Chinese , Richard-chang , David-russell , Samuel-shen , Andrew-galbraith , China-securities-regulatory-commission , Citibank-china-co-ltd , Head-of-securities-services , Citigroup

Citigroup gets regulatory nod for fund custody business in China

Citigroup gets regulatory nod for fund custody business in China
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Foreign investors line up for China financial services play

Foreign investors line up for China financial services play
By JIANG XUEQING |
China Daily |
Updated: 2021-05-06 09:03
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DBS stake in Shenzhen rural bank signals rising confidence in new round of opening-up
Foreign financial institutions, or FFIs, are planning to increase investment in China's commercial banks or exploring new business opportunities in the country, as China has strengthened efforts to further open up its financial sector, industry experts said.
Singapore's DBS Group announced recently its subsidiary DBS Bank has received Singaporean and Chinese regulatory approvals to acquire a 13 percent stake in Shenzhen Rural Commercial Bank with 5.29 billion yuan ($815 million).
DBS Bank, a multinational banking and financial services corporation, will use funds owned by the bank to buy 1.35 billion new shares of Shenzhen Rural Commercial Bank, abbreviated as SZRCB, at a price of 3.91 yuan per share.

Zeng-gang , Ningxia , China , India , Hong-kong , Shenzhen , Guangdong , Singapore , Beijing , United-arab-emirates , Jilin , Canada

Jiayin Group Inc. Announces Changes in Management

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Jiayin Group Inc. Announces Changes in Management
Jiayin Group Inc.January 8, 2021 GMT
SHANGHAI, China, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced that Mr. Chunlin Fan tendered his resignation from the position as the Company’s Chief Financial Officer due to personal reasons, effective from January 8, 2021. Mr. Dinggui Yan, the Founder, Director and Chief Executive Officer, expressed appreciation for Mr. Fan’s contributions to the development of the Company on behalf of the board of directors and management team of the Company.

China , Jin-chen , Jiangsu , Shanghai , United-states , Jiayin , Heilongjiang , Zhejiang , Chunlin , Shaanxi , Chinese , American

Citibank aids 1st margin financing, securities borrowing under QFII

Citibank aids 1st margin financing, securities borrowing under QFII
By Jiang Xueqing |
chinadaily.com.cn |
Updated: 2020-12-29 21:48
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Pedestrians walk past a Citi outlet in Shanghai. [Photo by Jin Rong/For China Daily]
Citibank (China) Co Ltd announced on Tuesday that it has successfully facilitated some of the first margin financing and securities borrowing transactions in China for global investors under the Qualified Foreign Institutional Investors plan.
Tuesday marks the first time that global investors can conduct such transactions in China's A-share market, following the new Qualified Foreign Institutional Investors (QFII) regulations that took effect on Nov 1.
The new QFII regulations made major amendments to the previous regime, including unifying QFII and Renminbi Qualified Foreign Institutional Investors (RQFII) plans and expanding permissible investment scope, as well as offering a more convenient and flexible framework for foreign investors to participate in China's capital markets.

China , Shanghai , Hong-kong , Shenzhen , Guangdong , Vicky-tsai , Tommie-fang , Tim-wannenmacher , Bryan-murphy , Citibank-china-co-ltd , Ubs-ag , Qualified-foreign-institutional-investors