In a year where initial public offerings globally have slumped by more than two-thirds, one would expect the summer break to be especially quiet. Not so in Asia, where stock listings have notched ... ( read original story ...)
Bank of China raised H1 mortgage lending to support market growth
Bank of China said on Wednesday it had increased mortgage lending in the first half to support the healthy growth of the property market.The remarks were made by bank chief Liu Jin at a news ... ( read original story ...)
Shanghai unveils AI development master plan as power crisis, new Covid-19 curbs threaten to derail city’s economic recovery
The city's draft AI plan outlines various measures, including financial support, to help drive the industry's development Pudong New District, located east of the Huangpu River, is expected to be the ... ( read original story ...)
China issues draft rules to regulate financial holding companies’ related transactions
China's central bank issued draft rules on Tuesday to regulate related transactions of financial holding companies. Such transactions must conform to rational commercial principles, be backed by ... ( read original story ...)
China doles out bank scandal refunds after hundreds of arrests
Chinese authorities on Tuesday scrambled to dole out refunds to depositors caught in a rural banking scam that has led to more than 200 arrests and triggered concerns about the country's small lenders ... ( read original story ...)
China’s Property Slowdown Sends Bank Shares Tumbling
The selloff is the latest indication of the problems a slowdown in the property sector is having on the wider economy. ( read original story ...)
China to set up firewall between bankers, analysts in IPO deals -paper
China's securities association has drafted rules to set up a firewall between investment bankers and analysts in deals to ensure unbiased pricing of initial public offerings (IPOs), the official ... ( read original story ...)