China's central bank left a key policy rate unchanged while withdrawing cash from a medium-term policy loan operation on Friday, as authorities continued to prioritize currency stability amid ... ( read original story ...)
PBOC urges Shanghai financial institutions to improve foreign payment services
The People's Bank of China, the country's central bank, has urged financial institutions in Shanghai to further intensify efforts to improve payment services for foreign visitors with relevant efforts ... ( read original story ...)
China’s central bank says no intention to actively drain cash from banking system
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 ...)