BEIJING/SHANGHAI (Reuters) - China's banking regulator has extended by two months a June deadline for banks to submit risk assessments over concerns it was putting strain on the lenders, two sources with direct knowledge of the matter said. Under the ... ( read original story ...)
SSE to Increase Scrutiny of M&A Risk
Shanghai Stock Exchange plans to increase its scrutiny of mergers, acquisitions, transfer of control deals and other corporate actions that could lead to financial risk in the market, Reuters quoted the official Xinhua news agency as reporting on Saturday. ( read original story ...)
AMC Entertainment’s Biggest Shareholder Faces Scrutiny. Should Investors Worry?
Those tourism projects are the same theme parks Wang once declared would defeat Shanghai Disney ... the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are ... ( read original story ...)
China’s central bank to include internet finance in MPA
SHANGHAI: China’s central bank plans to include large systemically important internet finance firms in its Macro Prudential Assessment (MPA), the official Xinhua news agency reported on Saturday. The MPA risk assessment framework already includes checks ... ( read original story ...)
China’s central bank to include internet finance in MPA – Xinhua
SHANGHAI, Aug 5 (Reuters) - China's central bank plans to ... equity investments and buy-backs of financial assets sold, and deposits at non-financial institutions. China will explore different methods of covering internet finance firm risk, Xinhua ... ( read original story ...)
China approves 7 IPO applications
Three of the companies will be listed on the Shanghai stock exchange, two on the Shenzhen small and medium enterprise board, and two on the ChiNext, China's NASDAQ-style board. The firms and their underwriters will confirm IPO dates and publish ... ( read original story ...)
Former senior China Development Bank official jailed for 14 years for graft
SHANGHAI (Reuters) - China's anti-graft watchdog said on Saturday the former head of the supervisory board at China Development Bank, the country's largest policy lender, has been jailed for 14 years and fined 3.5 million yuan ($520,276) for receiving bribes. ( read original story ...)