The policy loan operation of China’s central bank today fully met market demand and its stance of keeping banking system liquidity reasonably ample has ... ( read original story ...)
China’s ‘broker butcher’ vows to tighten IPO rules, curb excesses to restore confidence in US$9.2 trillion stock market
China is tightening the screws on new domestic stock offerings, issuing four documents at once laying out some of the harshest rules, checks and penalties yet to crack down on fake accounting and ... ( read original story ...)
54 Chinese Cities Have Over CNY1 Trillion in Deposits at Financial Institutions
Shenzhen was the only other city with a deposit balance in excess of CNY10 trillion (USD1.39 trillion), followed by Chengdu, Chongqing, Guangzhou, Hangzhou, Nanjing, and Suzhou, with between CNY5 ... ( read original story ...)
China tightens scrutiny over IPOs, listed firms to revive stock market
China published a set of rules on Friday that would tighten scrutiny over stock listings, public companies and underwriters, as regulators ramp up efforts to revive investor confidence. ( read original story ...)
Stock market today: World markets are mostly lower after retreat on Wall Street
Shares retreated Friday in Europe and Asia after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon. A separate report said fewer U.S. workers applied ... ( read original story ...)
Asian Stock Markets Mixed as China’s Central Bank Holds Rates Steady
Asian equity markets diverged on Friday, with the region largely in the red but Chinese onshore markets bucking the trend. South Korea’s KOSPI Composite Index led the losses, falling 1.9% with battery ... ( read original story ...)
China to Tighten IPOs, Checks on Listed Firms to Boost Stocks
China’s markets regulator vowed to tighten listing requirements onshore and beef up checks on listed firms, in its latest effort to inject confidence in the nation’s $9.2 trillion stock market. ( read original story ...)