The Impacts of Internet Finance on the Profitability of China's Banking Industry PDF Download
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Author: Hongnai Zhang
Publisher:
ISBN:
Category : Bank assets
Languages : en
Pages : 56
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Book Description
Since the mobile communication technology gains a big success in China, internet finance becomes one of the most emerging industries in China in the past decade. People's living habits have been deeply changed by this emerging service. Nowadays the majority of Chinese citizens use cellphones to deposit and make payments, rather than use traditional debit and credit cards. They can even scan their cellphones to pay the bus and subway fares. While facilitating people's lives, internet finance also causes new challenges for the commercial banks in China. It makes financial transactions more efficient and lowers transaction costs. Meanwhile, it also takes some profit sources of traditional commercial banks. This study first analyzes the current developing situation of internet finance in China and then introduce the banks efficiency of Chinese banks. Finally, the profitability that is measure by the ROA and ROE of 15 public commercial banks are chosen as the independent variables that measure the profitability of banks. The market scale of internet finance and its profitability are the independent variables. The study finds that while internet finance continues to develop in China, commercial banks' profitability keeps a decreasing trend. The test results indicate that with the increase of one percent in total revenue, net income and ROA of the internet finance industry, the commercial banks' ROA decreases by 0.02%, 0.04 and 2.52%, while ROE reduces by 0.22%, 1.04%, and 3.99% respectively.
Author: Hongnai Zhang
Publisher:
ISBN:
Category : Bank assets
Languages : en
Pages : 56
Get Book Here
Book Description
Since the mobile communication technology gains a big success in China, internet finance becomes one of the most emerging industries in China in the past decade. People's living habits have been deeply changed by this emerging service. Nowadays the majority of Chinese citizens use cellphones to deposit and make payments, rather than use traditional debit and credit cards. They can even scan their cellphones to pay the bus and subway fares. While facilitating people's lives, internet finance also causes new challenges for the commercial banks in China. It makes financial transactions more efficient and lowers transaction costs. Meanwhile, it also takes some profit sources of traditional commercial banks. This study first analyzes the current developing situation of internet finance in China and then introduce the banks efficiency of Chinese banks. Finally, the profitability that is measure by the ROA and ROE of 15 public commercial banks are chosen as the independent variables that measure the profitability of banks. The market scale of internet finance and its profitability are the independent variables. The study finds that while internet finance continues to develop in China, commercial banks' profitability keeps a decreasing trend. The test results indicate that with the increase of one percent in total revenue, net income and ROA of the internet finance industry, the commercial banks' ROA decreases by 0.02%, 0.04 and 2.52%, while ROE reduces by 0.22%, 1.04%, and 3.99% respectively.
Author: Yangheling Li
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 22
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Book Description
Author: Ping Xie
Publisher: Routledge
ISBN: 1317269497
Category : Business & Economics
Languages : en
Pages : 208
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Book Description
Internet finance is a paradigm-shifting new idea in financial sector Helps readers better understand China’s financial system Serves as a guide for readers doing financial businesses in China
Author: Li Yang
Publisher: John Wiley & Sons
ISBN: 1118580281
Category : Business & Economics
Languages : en
Pages : 401
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Book Description
"This is a very timely book. With the recapitalization and reform of China's banking sector now well under way, the banks are on the brink of a new era of growth and expansion. This work is the definitive reference on the banking sector in China, and is an essential tool for anyone seeking to understand the dynamics of financial intermediation on the Mainland. It sets out the facts, free of the judgment calls that so often cloud the true picture of the health of China's banking system." --Dr. David K.P. Li, Chairman and Chief Executive, The Bank of East Asia, Limited "As China continues its impressive pace of economic growth, the rest of the world is constantly reassessing the opportunities and challenges it presents. This book is the first official report on the status of China's financial services industry and financial markets. For the first time, the international community gets access to the same information that the Chinese government uses in making key policies. Such unique insights make this book an essential read for business leaders, investors, policy makers, scholars, and anyone who is interested in understanding China's profound impact on businesses and consumers globally." --Maurice R. Greenberg, Chairman & CEO, C.V. Starr & Co. "This is the first book that introduces all aspects of the Chinese banking and financial markets to international audiences. From its developmental history to its contemporary challenges, China's banking and finance markets are presented, explored and analyzed with great detail and in great depth. Both the richness of the data and the scholarly strength of the methodology are a milestone. China's increasing participation in global financial markets makes this book a must read for all financial professionals worldwide." --Lefei Liu, Chief Investment Officer, ChinaLife Insurance
Author: David Dollar
Publisher: Brookings Institution Press
ISBN: 0815739567
Category : Business & Economics
Languages : en
Pages : 210
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Book Description
Describes how China is in the lead in transforming finance for the digital age This book is the product of a joint research project between economists at the National School of Development, especially the affiliated Institute of Digital Finance, at Peking University and at the Brookings Institution. It investigates the impact of financial technology on job creation, income distribution, and consumer welfare in China. It also examines larger systemic issues such as monetary policy, stability of the banking sector, and international trade and payments.
Author: Andrew Sheng
Publisher: John Wiley & Sons
ISBN: 1119266327
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
An authoritative guide to the rise of Chinese shadow banking and its systemic implications Shadow Banking in China examines this rapidly growing sector in the Chinese economy, and what it means for your investments. Written by two world-class experts in Chinese banking, including the Chief Advisor to the China Banking Regulatory Commission and former Chairman of the Securities and Futures Commission in Hong Kong, this book is unique in providing true, first-hand perspectives from authorities within the world's largest economy. There is little widely-available information on China's shadow banking developments, and much of it is rife with disparate data, inaccuracies and overblown risks due to definitional and measurement differences. This book clears the confusion by supplying accurate information, on-the-ground context and invaluable national balance sheet analysis you won't find anywhere else. Shadow banking has grown to be a key source of credit in China, and a major component of the economy. This book serves as a primer for analysts and investors seeking real, useful information about the sector to better inform investment decisions. Discover what's driving the growth of shadow banking in China Learn the truth about both real and inflated risks Dig into popular rhetoric and clarify common misconceptions Access valuable data previously not published in English Despite shadow banking's critical influence on the Chinese economy, there have been very few official studies and even fewer books written on the subject. Understanding China's present-day economy and forecasting its future requires an in-depth understanding of shadow banking and its inter-relationship with the banking system and other sectors. Shadow Banking in China provides authoritative reference that will prove valuable to anyone with financial interests in China.
Author: Chunxia Jiang
Publisher: Springer
ISBN: 3319639250
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
This book is a wide-ranging and timely overview of the contemporary Chinese banking system. It charts the vast changes in Chinese banking from before China’s admission to the WTO in 2001 to more recent regulatory reform and developments in the shadow banking sector. The book begins with an economic history of the mono-banking system, and a critical discussion of reforms taken by the government in preparation for China’s entry to the WTO. The second part of the book discusses banking regulation and government policy during and after the global financial crisis in 2008-2009 and their impact on banking, including recent developments. Finally, the book concludes an empirical analysis of the impact of banking reforms on a number of important issues, including bank efficiency, capital structure, competition and financial stability, and risk taking behaviour, and a review of the relevance of shadow banking and internet banking.
Author: Dominique Jolly
Publisher: World Scientific
ISBN: 9811276277
Category : Business & Economics
Languages : en
Pages : 252
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Book Description
With a strategic and geopolitical view on China's financial system, this book explores a number of roles that it plays in the world's second largest economy. The first key mission has been the financing of the domestic economy. The second one has been the financing of infrastructures (transportation, energy, and telecommunication) to offer companies a conducive environment to develop manufacturing facilities. Thirdly, it supports Chinese foreign investment. The final and most recent role is the active use of technology in finance and investment to collect big data.The book supports three theses. The first thesis argues that finance and investment are not only the product of market forces but also other dimensions like regulations, geopolitics, technology and internal governance. Another thesis is that the State Council is metaphorically the conductor, and financial and economic actors are the performers who must imperatively follow the conductor. Last but not least, the third thesis is that the sino-centric perspective adopted by the Chinese authorities impedes foreign entry. Contrary to industries opened to foreign companies, the Chinese government left ajar the door to banking industry — characterizing foreign banks as marginal actors in the system.
Author: El Bachir Boukherouaa
Publisher: International Monetary Fund
ISBN: 1589063953
Category : Business & Economics
Languages : en
Pages : 35
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Book Description
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Author: Martha Avery
Publisher: John Wiley & Sons
ISBN: 047082249X
Category : Business & Economics
Languages : en
Pages : 668
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Book Description
"This comprehensive resource presents the views of China's most highly respected economists, bankers, and policy makers--along with opinions from Western authorities--on the current state of banking and finance in China. Tracing the history of China's banking and finance system and looking toward its future, the book offers valuable insight for financial service providers, bankers, private equity and hedge fund managers, and equity research and credit analysts."--Publisher's website.
