Bank of China Ltd (BoC) said on Wednesday it suspended transactions to open new positions for its crude oil futures trading product from Wednesday onwards, following other banks in curtailing their ... ( read original story ...)
Court sets up team to spur innovation in financial justice
The Shanghai Financial Court establishes a team of judges dedicated to analyzing novel cases overseas as well as translating the progress of domestic financial justice to further facilitate exchange ... ( read original story ...)
Shanghai to implement new law promoting R&D
High-rise buildings and skyscrapers dominate the skyline of the Huangpu River and the Lujiazui Financial District in Pudong, Shanghai. [Photo/Sipa] A municipal legislation aimed at promoting ... ( read original story ...)
Peak Adds Three New Banks to Its Lending Network; Postpones Financial Statement Filings
Montreal, Quebec--(Newsfile Corp. - April 20, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced the addition of three new banks to its expanding lending ... ( read original story ...)
China’s central bank conducting tests of digital yuan payment system
China's central bank is conducting tests of a digital yuan payment system in four cities across the country, it told Reuters on Tuesday. The People's Bank of China (PBOC) responded to Reuters' queries ... ( read original story ...)
After Luckin fiasco, China set to pre-empt financial frauds
Last month, the Shanghai Financial Court released China's first set of rules that includes detailed regulations over class action lawsuits, a signal that related parties are stepping up efforts to put ... ( read original story ...)
Debt-laden HNA Group sells prime waterfront office tower in Shanghai for US$509 million
HNA Group halts trading of its note in Shanghai as a hasty plea for time caused panicking investors to flee its ... and to restructure and manage troubled financial institutions, securities firms, ... ( read original story ...)