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Siemens AG, Commerzbank AG and Fr. Meyer’s Sohn have successfully completed a proof of concept (POC) demonstrating the power of fully digital trade document flows between Germany and China. Together with the Chinese issuing bank and leveraging Enigio’s trace:original technology...
#Bill of Lading#Commerzbank AG#digital trade document
Chris Wohlert, Managing Director of Supply Chain Finance at Wells Fargo Bank, N.A., discusses the latest developments in China's factoring…
#Chris Wohlert#factoring#supply chain finance
Shengye Holdings Group Limited (Shengye) a leading supply chain technology platform in China, has announced the integration of its self-developed…
#AI#DeepSeek#Shengye
The State Council of China has approved a set of policies under the Several Policies and Measures to Promote the…
#export credit insurance#International Trade#trade credit insurance
HSBC is looking to enhance its trade financing options for businesses on e-commerce platforms in mainland China and Hong Kong,…
#digital trade finance#Dowsure#e-commerce
Factoring in China continued to grow (10 per cent increase - according to FCI - compared to 2022) in 2023,…
#Chris Wohlert#Wells Fargo Commercial Distribution Finance#WFY'24
HSBC has launched a HKD 5bn (US$641 million) financing plan to support small and medium-sized enterprises (SMEs) in Hong Kong. According…
#fintech#HSBC#sme finance
IntroductionChina’s factoring industry continued to grow at 22.85 per cent to reach EUR 577bn in 2022 across the entire banking…
#Atradius#bank#management
Coface releases today the resulats of its survey on corporate payment behaviour in China.Coface's survey on payment behaviour shows that…
#invoice#management#payment delays
Micro Connect, which connects global capital with micro and small businesses, announced the signing of a syndicated asset-backed loan (ABL)…
#asset based finance#Charles Li#Micro Connect
Financial technology startup Micro Connect, with backing from prominent figures like Hong Kong property tycoon Adrian Cheng and billionaire Li…
#Charles Li#Micro Connect
Zetrix, a leading public blockchain platform that is powering digitisation of cross border trade, has announced the commencement of a…
#Bank of China#supply chain finance
Coface has appointed Mark Qian as Country Manager for China. Based in Shanghai, Mark reports directly to Benoit Ganzmann, CEO of…
#Managerial Appointments