China

One of the big four Chinese state-owned banks, Bank of China has delivered solid results in the onshore debt market, making it the obvious winner of this Asiamoney award.

In 2020, China International Capital Corp reported an impressive 40% year-on-year jump in investment banking revenues to Rmb5.96 billion ($921 million).

In 2020, China International Capital Corp reported an impressive 40% year-on-year jump in investment banking revenues to Rmb5.96 billion ($921 million).

In 2020, China International Capital Corp reported an impressive 40% year-on-year jump in investment banking revenues to Rmb5.96 billion ($921 million).

The coronavirus pandemic has unearthed a wave of anti-China sentiment across the world, impacting Beijing’s trillion-dollar Belt and Road Initiative. Will BRI have a future in a post-pandemic world? A veteran banker at HSBC says yes – but the shape it takes will be vastly different.

Some of China’s largest state-owned companies have become bond market pariahs after a spate of defaults. This may be just what the country’s markets need.

Hong Kong must improve its environmental track record and rally the private sector if it is to succeed in its ambition of becoming Asia’s leading centre for green finance.

China’s crackdown on its biggest technology companies shows the difficulty of balancing growth at all costs at the leading fintech firms with support for state-owned banks.

A global competition is under way to define the future of money – and the bet is overwhelmingly on China to get there first.