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A Chinese lender’s stunt to woo depositors with gifts including the wildly popular Labubu dolls has been barred by financial ...
China’s financial regulators have banned banks from offering promotional gifts, including dolls, rice, appliances, and subscriptions, to attract new customers. The decision follows a viral campaign by ...
A Chinese lender's stunt to woo depositors with gifts including the wildly popular Labubu dolls has been barred by financial ...
In a country where interest rates are low and competition for deposits is fierce, some Chinese banks have turned to a ...
Labubu dolls have gotten so popular that banks have used them to help lure customers, but authorities have since banned them entirely.
Labubu dolls were created by artist Kasing Lung and are sold in blind boxes at Pop Mart locations. The dolls, cute monsters with sharp-toothed smiles, became valuable collector's items after being ...
A Shenzhen-based bank is getting customers through the door with the promise of a much sought-after — and potentially ...
Tactic draws attention of regulators as retail banks on the mainland struggle to attract young customers, analysts say.
The guidance came in the wake of a promotion by Ping An Bank Co., which has been offering Labubu collectibles ... declining to comment further. China said in a 2018 rule that commercial ...
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