China

Kee Joo Wong, HSBC’s Head of Payments and Cash Management in China, reveals some exclusive information.

Total profits climb to US$2 billion in 2012.

The total came to to US$21 trillion in 2012.

Liability will shift in Asia Pacific from 1 October 2015.

The Charoen Pokphand Group of Thailand now owns a 15.6% stake in China’s biggest private insurer.

Leadership transition in March could bring certain policy redirections in 2H12.

Became No.2 underwriter and No.1 Chinese investment bank in Hong Kong last year.

Find out what went wrong in 2012.

Continue to turn to shadow banking for funds.

China's largest infrastructure project lender to fund more urbanization-related projects.

A senior Chinese banking regulator warned of risks in wealth-management products of Chinese banks.

Analysts warn that small banks may suffer and growth of the wealth management sector may slow down.

It’s the biggest share sale in Asia so far this year.

The macroeconomic downturn in 2012 has gradually shifted its influence from the real economy to the financial sector. The recently exposed problems regarding wealth management products sold by banks is only one of a number of possible hidden dangers and may be an early warning of the current financial risks.

GS sold around 1.34b H-shares of ICBC.

Government to publish a regional breakdown of financing flows that measures total corporate fundraising.