QH Intl. financial center welcomes new member

Source :Qianhai Communication Center

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Qianhai Xingbang Financial Leasing Co. Ltd., the first financial leasing company in Qianhai, relocated its office to the Qianhai China Resources Financial Center, part of the Qianhai Shenzhen-Hong Kong International Financial City, yesterday morning.

A nationally licensed financial institution approved by the China Banking and Insurance Regulatory Commission and headquartered in Qianhai, Qianhai Xingbang has more than 18 billion yuan (US$2.76 billion) in assets, 2.5 times that in 2017 when it was established in Qianhai.  Its robust growth is closely related to Qianhai’s innovative financial policies and the quality business environment.

The bus business has become a name card of the company, which owns one third of Shenzhen’s bus fleet. Last year, Qianhai Xingbang carried out the city’s first financing business that combines cross-border RMB time loan and free trade accounting unit after Qianhai initiated the free trade account service.

Last year, the Innovation Base for Shenzhen-Hong Kong Supply Chain Finance was inaugurated at the Qianhai China Resources Financial Center, providing over 10,000 square meters of office space for quality supply chain financial institutions. The relocation of Qianhai Xingbang to the center is conducive to give full play to its benchmark role in the supply chain finance industry and boost the construction of the Qianhai Shenzhen-Hong Kong International Financial City.

Qianhai aims to become a demonstration area of opening up of the country’s financial industry and a pilot zone of cross-border RMB business innovation. Qianhai also strives to become the first choice for Hong Kong financial institutions to expand businesses to the Chinese mainland.


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2021-03-17 09:45:31

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