China on Friday tightened rules on companies that conduct debt-to-equity businesses for banks, setting capital adequacy requirements for so-called financial asset investment firms. Such companies ... ( read original story ...)
China’s central bank tightens cash supply, hinting exit from crisis mode
China's central bank made its biggest cash withdrawal from the financial system in three months this week, raising market suspicion that policymakers are gradually exiting crisis-mode monetary easing ... ( read original story ...)
China central bank issues draft rules on assessment of systemically important insurers
China's central bank on Friday issued draft rules on the assessment of systemically important insurers.The rules are aimed at improving China's macro prudential policies and safeguarding financial ... ( read original story ...)
Shanghai Faces ‘Relatively High’ Risk of Further COVID Community Spread
China's commercial hub Shanghai faces a "relatively high" risk of further community transmission of COVID-19, Lei Zhenglong, an official at the National Health Commission, said on Friday. Shanghai ... ( read original story ...)
Shanghai reopens cinemas but warns of COVID risks amid outbreaks
Shanghai reopened most cinemas on Friday, sticking to a plan of gradual resumption of daily activities after it lifted a two-month COVID-19 lockdown in June, while also trying, like several other ... ( read original story ...)
Shanghai reopens cinemas with COVID risk warning
"The cluster has a wide distribution of infected people, who had many social activities, and there are hidden transmission risks in the community," the city government said in a statement. ( read original story ...)
Shanghai Pharmaceuticals (OTCMKTS:SHPMF) Shares Down 1.2%
Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF – Get Rating)’s stock price dropped 1.2% during mid-day trading on Thursday . The company traded as low as $1.66 and last traded at $1.66. ( read original story ...)