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Apr 30, 2024 19:35 PM
- Two of China’s ‘Big Four’ Banks Pick New Presidents, Sources Say
- Positions at ICBC and CCB became vacant earlier this year when their incumbents were promoted to chair the lenders
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Apr 30, 2024 17:25 PM
- HSBC CEO Noel Quinn Unexpectedly Steps Down
- The bank’s board has begun a formal process to find a successor, and will consider both internal and external candidates, according to a statement
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Apr 30, 2024 15:03 PM
- Shanghai Composite Index Fell 0.26% on Tuesday
- Shenzhen Component Index closed down 0.9%
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Apr 29, 2024 19:09 PM
- Overseas Investment Through China’s Stock Connect Nearly Doubles 2023’s Total
- Around $4.6 billion of net purchases were made on Friday and Monday alone
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Apr 29, 2024 15:03 PM
- Shanghai Composite Index Rose 0.79% on Monday
- Shenzhen Component Index closed up 2.22%
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Apr 27, 2024 18:33 PM
- China to Evaluate Adjusting Share of State-Owned Capital in Finance Industry, Vice Minister Says
- The comments by Liao Min came in response to concerns by the country's top legislature over the disproportionately large share in the banking sector
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Apr 27, 2024 05:09 AM
- CSRC Toughens Restriction on Ex-Employees’ Investment
- Ban on investing in pre-IPO companies extended to 10 years for former securities regulators and their families
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Apr 27, 2024 05:03 AM
- Top Investment Bank CICC Warned by Regulator for Compliance Flaws
- CICC accused of breaking rules by hiring personnel not qualified to carry out securities business
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Apr 26, 2024 17:47 PM
- Country Garden Bondholders Agree to Extensions After Missed $22 Million Payment
- A continued slump in sales leaves bondholders doubtful they'll get further payments despite the extension
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Apr 26, 2024 20:31 PM
- Huatai Securities Cashes Out of U.S.-Listed Unit With $796 Million Gain
- Chinese brokerage announces sale of controlling stake in AssetMark to private equity firm GTCR for $1.79 billion
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Apr 26, 2024 18:17 PM
- Senior Securities Regulator Under Corruption Probe
- Yao Qian is director of the China Securities Regulatory Commission’s technology supervision department and IT service center
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Apr 26, 2024 15:03 PM
- Shanghai Composite Index Rose 1.17% on Friday
- Shenzhen Component Index closed up 2.15%
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Apr 26, 2024 13:31 PM
- Tor Investment Raises $310 Million for Asia Private Credit Fund
- The spillover from China’s property crisis is creating opportunities across Asia, with demand for financing emerging in data centers, logistics and renewables, co-founder says
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Apr 26, 2024 03:58 AM
- ICBC Qinghai Sets up People’s Armed Forces Department
- Bank reserves take on new meaning with formation of a corporate militia to fulfill national defense obligations
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Apr 25, 2024 19:38 PM
- Ping An Trust Wins Court Ruling, Forcing Troubled Developers to Repay Funds
- A Shenzhen court has ordered two subsidiaries of debt-laden builder Zhenro Properties to repay $106.6 million, which the trust firm needs to make missed payments to investors
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Apr 25, 2024 19:33 PM
- Bank of China Ex-Chairman Pleads Guilty to Taking Over $16 Million in Bribes
- Liu stands accused of accepting money in exchange for helping companies and individuals secure loans, jobs and project contracts from 2010 to 2023
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Apr 25, 2024 15:03 PM
- Shanghai Composite Index Rose 0.27% on Thursday
- Shenzhen Component Index closed up 0.14%
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Apr 25, 2024 04:15 AM
- Troubled Developer Jinke Gets Nod for Bankruptcy Restructuring
- Chongqing property giant is first to be given court clearance to start bankruptcy reorganization
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Apr 25, 2024 04:04 AM
- China’s Sovereign Fund Poured $45 Billion into Stock Market in First Quarter
- Rise in loans from non-banking financial institutions suggest they are linked to market stabilization measures, say analysts
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Apr 25, 2024 03:46 AM
- In Depth: Regulatory Titan Laura Cha Takes Final Bow
- The 74-year-old’s career included stints at Hong Kong and Chinese mainland securities regulators and was packed with changes and challenges
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Mar 15, 2024 03:12 PM
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Mar 01, 2024 05:01 PM
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Mar 01, 2024 05:01 PM
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