CMBI is the first Mainland China broker to get a virtual assets license from Hong Kong’s Securities and Futures Commission.

In 2013, Tian was promoted to head China Merchants Bank, serving as its president and its Communist Party boss. In April 2022, he was removed from the top posts at the bank.

Recall that in recent months, China's central bank has made a series of incremental cuts to the national reserve requirement ratio (i.e., the portion of money banks hold as reserves), followed by ...