China’s central bank will keep monetary policy targeted and ensure credit growth is stable, Governor Yi Gang said, keeping the policy stance largely unchanged despite rising calls for more stimulus. ( read original story ...)
Dalian Wanda vows legal battle as Chinese court freezes US$270 million worth of shares amid stalled Hong Kong IPO
Dalian Wanda Group is ‘confident in defending’ against the freeze but faces liquidity concerns following repeated failures by its unit Zhuhai Wanda Commercial Management Group to get approval for a ... ( read original story ...)
Stock market today: Global shares trade mixed following technology selloff on Wall Street
Global shares were trading mixed Thursday after heavy selling of big-name tech stocks pushed benchmarks lower on Wall Street. Stocks rose in Paris, Frankfurt, Shanghai and Hong Kong but fell in Tokyo, ... ( read original story ...)
China’s financial opening-up gains momentum, as Shanghai is set to launch international reinsurance trading market
He said a joint venture between BNP Paribas Asset Management and an asset management subsidiary of Agricultural Bank of China will start operation in Shanghai soon. The NFRA and the Shanghai ... ( read original story ...)
QFLP scheme: IDG Capital, Brookfield among 7 firms granted access by Shanghai to unlisted firms
Shanghai 'determined to conduct innovations in the finance sector at Lingang', local financial regulator says Other newly approved QFLPs include Vitalbridge, Cathay Capital, Kasikornbank, Ausvic Capital and CM Venture Capital Shanghai has approved another seven institutions - including IDG Capital and Brookfield - for the qualified foreign limited partners (QFLPs) investment scheme, ( read ...
China’s new financial gatekeeper Li Yunze strikes an optimistic note, vowing to wipe out ‘blind spots’ to protect economy from risks
The gatekeeper of China's banking and insurance industries struck an optimistic note in his first major public speech, pledging to eliminate regulatory blind spots to make the 400 trillion yuan (US$56. ( read original story ...)
China to further strengthen financial oversight: official
China will continue to strengthen modern financial oversight and eliminate regulatory gaps to forestall financial risks Li Yunze ( read original story ...)