Chinese banks see rising asset custody business

China approves four new IPO applications Credit system to include online lending China announces new rules regulating financial holding companies China ups financial support for poverty relief China announces new rules regulating financial holding companies PBOC's work continues on ‘digital RMB' China approves four new IPO applications Nation still has policy tools to boost growth PBOC's work continues on ‘digital RMB' New bank loans rise to 1.28 trillion yuan Financial holding firms face increasing scrutiny China ups financial support for poverty relief Nation still has policy tools to boost growth Chinese banks see rising asset custody business China pumps net $34 billion into markets Credit system to include online lending New bank loans rise to 1.28 trillion yuan China pumps net $34 billion into markets Financial holding firms face increasing scrutiny