Much has been written since March 25, 2009, when China’s State Council declared that by 2020, Shanghai would establish itself as one of the world’s preeminent international financial centers. Many of the subsequent documents, studies, opinion pieces and press releases about the State Council’s decision center on several key issues many feel the authorities in China need to address to ensure their vision of Shanghai comes to pass.
This set of slides entitled "A look at the trends shaping China Capital Markets Technology in 2012" was presented by Zennon Kapron at TradeTech China in April 2012. The slides look at some of the key drivers and statistics that define China's capital markets today.
Understanding attitudes and perceptions towards social media and banking are a key prerequisite for organizations to better tailor their services and offerings to customers. While there have been studies looking at this in the US, few studies have looked at the attitudes in China, which is the focus of this report.
Offering a relatively cheap and certainly more convenient method of making payments than traditional cash or card methods, payments made through the mobile phone promise to change the way we pay for goods and services and are a rapidly growing area of the global financial industry. We saw a number of advancements in 2011 and expect this to continue at an even faster pace in 2012. The mobile payment industry in China is growing rapidly as well.
Cultural, geographical and political challenges have for many years kept China a very cash-based society. When credit cards first started to appear on the market, uptake was slow and banks struggled to find a business model that worked. Several years later, the market has changed dramatically. Now as an increasingly popular payment tool, the credit card has played a pivotal role in the stimulation of domestic consumption, with card circulation exceeding 280 million and total transaction value accounting for 42% of China’s total retail spending value.
What happens when you combine one of the most promising virtual currencies in the world with the largest country in the world? Even with the huge market potential though, will Bitcoin really take off in China? Can the Chinese consumer shift the value of the virtual currency as they did with gold in early 2013? What will the government eventually and inevitably do to control the currency? The Bitcoin in China: Chomping at the Bit report is one of the only reports available today that takes a comprehensive look at the current and potential market for Bitcoin in China.
Although Chinese banks have in the past not focused tremendously on risk management, recent events and comments from regulators indicate that risk management will be more of a focus for banks. In the second in our series of reports on risk management in China, we look at credit operational risk management in Chinese banks to understand more about what it is, how things are different in China and what will happen in the near future.
Increasing business opportunities for Taiwanese banks to expand into mainland China and closer cross-straits collaboration will drive innovation in banking products and services and the use of information technology.
Since the late 1970s when market reforms first started to open Chinese markets to foreign companies, software companies have made continuous inroads into the market. Initially, many were focused on the ‘big-5’ banks. Although these banks are some of the largest, they are often some of the more conservative banks in the industry and typically have a very long refresh cycle. Some of the best fintech opportunities today lie with Small and Medium banks.
Kapronasia is pleased to announce the release of the “China Financial Technology 2011 – Top 10 Trends shaping the Industry" report. Based on discussions with industry insiders and market observations, the report is the first of its kind to offer an in-depth look at the key focuses of Chinese financial industry CIOs in 2011.
Intellectual property protection is a key consideration for financial technology companies in China. In this report, we look at the current issues and trends in IP protection in China and help companies understand the realities of selling their software or hardware into China.
This Shanghai American Chamber of Commerce document authored by Zennon Kapron of Kapronasia takes a look at the growing trend of Chinese investment into the US. What is happening? Why is it happening? How will it affect the future?
Market and credit risk management were the main areas of risk management that Chinese banks had paid close attention to in the past, but with more operational fraud cases occurring both internationally and domestically in the past decade, Chinese banks have increasingly focused on operational risk management as a main type of risk.
A key look at the trends and issues shaping today's equity trading market in China. Looking at the trading flows and individual players in the market, this report is one of the most comprehensive looks at the Capital Markets industry today.