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Month: June 2021

Posted on 10/06/2021

China arrests over 1,100 suspects in crackdown on crypto-related money laundering

Cryptocurrencies suspectedly used to launder illegal money from telephone, internet scams Shanghai: Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal ... ( read original story ...)

Posted on 10/06/2021

Beijing once again warns investors against betting on China’s red-hot residential property market

Investors were warned about severe losses arising from a potential boom and bust cycle in the sector, by Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), on ... ( read original story ...)

Posted on 10/06/2021

Shanghai Star Market-Listed Firms’ Solid Performance Shows New Rules Are Working, CSRC Chief Says

Companies listed on the Shanghai Stock Exchange’s Nasdaq-style Star Market, which has been a pilot platform for a number of more relaxed policies, have maintained the required standards and have ... ( read original story ...)

Posted on 10/06/2021

Hong Kong, Shanghai welcome new opportunities under nationwide five-year arrangement

Specialists stated on Wednesday, June 9, at a forum Hong Kong and Shanghai can discover new opportunities and found new collaboration under the 14th Five-Year Plan for national financial and social ... ( read original story ...)

Posted on 10/06/2021

700 shops in Shanghai participate in digital yuan pilot program

A notice at a shopping mall on Nanjing Road in Shanghai reminding consumers that they can use digital currency. Photo: Yang Hui/GT Shanghai on Wednesday night released the names of nearly 700 shops ... ( read original story ...)

Posted on 10/06/2021

Syngenta Taps Banks for Shanghai IPO at $60 Billion Valuation

Syngenta Group Co., the agriculture giant owned by China National Chemical Corp., has picked banks for an initial public offering on Shanghai’s Nasdaq-style STAR board, according to people familiar ... ( read original story ...)

Posted on 10/06/2021

Regulator: IPO process smoothened, not tightened or relaxed

The country's IPO process has been further streamlined in a more scientific and reasonable manner, aiming to create an IPO ecosystem in line with market expectations, said Yi. According to the new ... ( read original story ...)

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