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Tag: banking

Posted on 19/03/2022

China’s Pledge to Support Its Market Is a First Step. Here’s What’s Needed for a Durable Recovery.

China’s wide-ranging promises struck the right chord to repair investor sentiment, but a durable recovery will require Beijing to match its words with action. ( read original story ...)

Posted on 18/03/2022

Better financial support for Zhejiang in realizing common prosperity

Besides, Jiaxing in northern Zhejiang, which borders the nation's financial hub Shanghai, will be encouraged to build itself into a highland for commercialization of science and technological findings ... ( read original story ...)

Posted on 18/03/2022

China’s Stock Market Rises on Anticipation of Policy Easing

China's stock markets rose for a third day on Friday, erasing earlier losses, after senior leaders pledged extra support for the struggling economy this week. The Shanghai Composite Index jumped 1.12% ... ( read original story ...)

Posted on 18/03/2022

China pledges financial support for common prosperity pilot in eastern Zhejiang

SHANGHAI : China has issued guidelines on financial support for a "common prosperity" pilot in the eastern Zhejiang province, the central bank and other authorities said on Friday. China said it will ... ( read original story ...)

Posted on 18/03/2022

China issues notice on improving internal controls for listed firms’ financial reports

China’s finance ministry and securities regulator on Friday issued a notice aimed at improving the effectiveness of internal controls for listed companies’ financial reports, in what they said was a ... ( read original story ...)

Posted on 18/03/2022

Tesla restarts production at Shanghai plant after two-day stoppage -sources

Tesla resumed production at its Shanghai factory on Friday after a two day suspension, people familiar with the matter said, as movement controls imposed on its workers as part of the city's efforts ... ( read original story ...)

Posted on 17/03/2022

China’s c.bank approves two financial holding companies to enhance regulation

China's central bank said on Thursday that it approved the establishment of two financial holding companies in a move to enhance regulations and prevent contagion risks in the financial sector. ( read original story ...)

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