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 ...)
What a tycoon’s trial says about the rot in China’s financial system
So far they have heard nothing, not even as his trial kicked off in a Shanghai courtroom on July 4th. All details of the charges he faces have been kept secret. The only official recognition of the ... ( read original story ...)
Millions Tested In Shanghai As China Grapples COVID Resurgence
Millions of people in Shanghai queued for a third day of mass COVID-19 testing on Thursday as authorities in several Chinese cities scrambled to stamp out new outbreaks that have rekindled worries ... ( read original story ...)
Shanghai bourse tops world in H1 IPO proceeds with US$32.8b
Shanghai accounted for 34 percent of global IPO funds raised and Shenzen led the world by volume, with 81 listings. Shanghai, a well-established destination for investment from home and abroad, is ... ( read original story ...)
What a secretive trial of a tycoon says about the rot in China’s financial system
For leaders in Beijing, the secrecy is necessary because the case presents an uncomfortable picture of the Chinese political and financial system. Not long ago Mr Xiao counted some of China’s most ... ( read original story ...)
China IPO applications jump, bucking global trend, as COVID curbs ease
A spike in listing applications from Chinese companies in June has nearly doubled China's IPO candidates to almost 1,000, the highest in at least three years, potentially making the country a bright ... ( read original story ...)
Chinese exchanges see record 274 firms apply for IPOs in last week of June
A record number of companies are rushing to submit applications for initial public offerings (IPOs) on China’s A-share market even as a rising number of others are withdrawing flotation plans. In the ... ( read original story ...)