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Banking (General)

638 posts

PBoC flags expansion of macroprudential regulatory framework

  • David Zhang
  • Posted on May 21, 2026
Reading between the lines, the emphasis on external risks – “geopolitical conflicts” and “trade protectionism” – suggests regulators are bracing for more financial volatility spillovers from…
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Regulators expand relending facility to include AI, semiconductors

  • David Zhang
  • Posted on May 21, 2026
The PBoC is reluctant to cut interest rates for fear of further eroding bank profits. Relending shifts the cost of lower rates to the PBoC and away from banks, while allowing authorities to…
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Authorities to impose rate cap on interbank time deposits

  • David Zhang
  • Posted on May 21, 2026
Although the Self-Discipline Mechanism is responsible for managing deposit rates, we’re confident the PBoC was pushing for this. Regulators want to cut lending rates but won’t do it until…
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Mortgage rate reform on the way?

  • David Zhang
  • Posted on May 21, 2026
Benchmarking mortgage rates against 10-year Chinese government bonds (CGBs) would better reflect the market price for credit. It would also result in…
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Eight regulator agencies impose new rules on online marketing of financial products

  • David Zhang
  • Posted on April 30, 2026May 21, 2026
Beijing is drawing clearer lines between licensed financial institutions and the platforms that market their products. The September…
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Monetary policy outlook stable in Q2

  • David Zhang
  • Posted on April 17, 2026
With no interest rate cuts on the horizon, the short-term burden of supporting growth will continue to fall on fiscal policy, meaning…
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Banks’ NIM pessimism makes 2026 rate cut unlikely

  • David Zhang
  • Posted on April 17, 2026
NIMs will need to rise before the PBoC cuts. Going by the bank executives’ outlook, that looks…
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Regulators raise overseas lending caps for some banks

  • David Zhang
  • Posted on April 17, 2026April 17, 2026
Expanding offshore RMB financing is central to Beijing’s push to internationalize the currency. As the RMB strengthens…
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NFRA publishes draft of Financial Law

  • David Zhang
  • Posted on March 31, 2026
Beijing is serious about ending moral hazard in finance. The insistence that shareholders absorb losses will…
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China streamlines outbound lending rules for domestic firms

  • Wing Lam
  • Posted on March 26, 2026March 26, 2026
With the RMB having appreciated robustly since mid-2025, Beijing clearly feels it has space to relax constraints on capital outflows…
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