Greater China Banks Daily "2,893 penalty tickets were issued on Chinese..."

Research evidence excerpt

Greater China Banks Daily "2,893 penalty tickets were issued on Chinese..."

Global Research

30 June 2026ab

Greater China Banks Daily Equities

China2,893 penalty tickets were issued on Chinese

banks in 2026; Lingang pivot zone promotion Banks

conference held in Shanghai MayAnalystYan

may.yan@ubs.com

+852-2971 7157

2,893 penalty tickets were issued on Chinese banks in 2026 Alex Ye

Analyst

Sina, Jun 29: From January to May, regulators have penalized 516 banking institutions S1460522090005

with 2,893 tickets worth Rmb 997mn. Credit violations became the primary reason alex.ye@ubs.com

underlying these cases, accounting for over 60% (1,804 tickets). The top three most +86 755 2215 8858

frequent credit offence categories include (i) failed ‘three-stage inspection for loans’ (the

Catherine Yang, CFA

due diligence workflow comprising pre-loan investigation, loan review and post-loan Analyst

checking); (ii) illegal loan processing and issuance and (iii) violations of financial statistics S1460526010003

reporting. Furthermore, 137 cases issued fines of over Rmb 1mn. An example is the case catherine-za.yang@ubs.com

of CITIC Bank, which received a Rmb 11.4mn penalty ticket on June 5th for internal +86-755-2215 8860

control loopholes. Another example is the Rmb 3mn penalty on Nanchang Rural Helen Li, CFA

Commercial Bank for hiding non-performing loans via illicit roll-overs. Analyst

helen-za.li@ubs.com

Lingang pivot zone promotion conference held in Shanghai +852-2971 6066

Shanghai Observer, Jun 29: Following the Lujiazui Forum’s release of the Lingang

offshore financial services expansion scheme, a recent promotion conference was held

on June 29th to reveal the pivot zone’s financial service models. An example presented