Beijing said last month it planned to strengthen supervision of all firms listed offshore, a sweeping regulatory shift that came after a cybersecurity investigation into ride-hailing giant Didi ... ( read original story ...)
China policy and markets round-up: Shanghai eyes global financial hub status
Pension and healthcare companies are being encouraged to finance their businesses through IPOs and the issuance of bonds and securitization. Shanghai also wants to attract foreign banks, securities ... ( read original story ...)
China Cbank Makes Biggest Weekly Cash Injection Into Banking System Since Feb
China's central bank increased its short-term fund injection this week by offering the most cash on a net basis in nearly seven months to meet higher cash demand towards the month-end. The People's ... ( read original story ...)
Shanghai Man: Ready Player Cats DAO, surging NFT interest, court rules crypto is not property
The Minhang District Court in Shanghai stated that Bitcoin is a virtual ... and upcoming central bank digital currency, the government is hesitant to put a blanket ban on digital assets. ( read original story ...)
China central bank increases cash injections to soothe tightening worries
China's central bank increased short-term fund injections into the financial system on Wedneday, in a bid to soothe market worries over tightening liquidity.Primary interbank money rates eased after ... ( read original story ...)
Jiangxi Yuean Advanced Materials’s IPO to debut on SSE STAR Market
Jiangxi Yuean Advanced Materials (688786) to start trading on the Shanghai Stock Exchange's STAR Market Aug 26, tomorrow. The firm has issued 21.36 mln shares priced at RMB 11.76 per share raising RMB ... ( read original story ...)
China shares end higher as central bank boosts short-term funding
The blue-chip CSI300 index was up 0.2%, turning around from a small dip at midday. It was led by consumer staples firms, which rose 1.91%. ( read original story ...)