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China

HSBC partners with Dowsure to enhance trade financing

HSBC is looking to enhance its trade financing options for businesses on e-commerce platforms in mainland China and Hong Kong, following a successful partnership with Dowsure Technologies. This collaboration integrates Dowsure's e-commerce data solution with HSBC’s banking services, helping small...

#digital trade finance#Dowsure#e-commerce

WFY’24: Factoring in China continued to grow in 2023

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 launches HKD 5bn financing plan for SMEs in...

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


WFY’23: ‘China’s factoring industry continued to grow at 22.85...

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: Payment delays in China continued to shorten, but...

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 and HSBC sign up to US$200m ABL...

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


Micro Connect secures $200m syndicated loan with HSBC for...

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 launches SCF pilot in China

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 appoints Mark Qian as Country Manager for China

Coface has appointed Mark Qian as Country Manager for China. Based in Shanghai, Mark reports directly to Benoit Ganzmann, CEO of…

#Managerial Appointments


ICBC launches SCF using RMB smart contracts

ICBC China’s biggest bank and e-commerce giant JD.com have worked together to develop a supply chain finance solution based on…

#ICBC#smart contracts#supply chain finance


Contour and TradeGo partnership to speed up trade finance...

Contour, the global digital trade finance network has today announced its strategic partnership with TradeGo, a blockchain-based commodity trading service…

#blockchain#Contour#digital trade finance


China’s blockchain ambitions secure Malaysian foothold

China’s Xinghuo Blockchain Infrastructure and Facility (Xinghuo BIF), which is overseen... (more…)

#blockchain

Deutsche Bank’s historic Chinese trade finance deal aids China’s...

Deutsche Bank has signed an agreement with Huaneng Tiancheng Financial Leasing Co. Ltd, to help the company launch a three…

#Deutsche Bank#ESG#leasing

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