A financial market association under China's central bank said on Wednesday it will investigate four rural commercial banks over suspected manipulation in the treasuries market, as Beijing steps up ... ( read original story ...)
China bond trading accounts must not be borrowed or transferred, state media reports
China's interbank bond market trading accounts must not be borrowed or transferred, as that could lead to a rise in non-compliant transactions, distort market prices and increase credit risks, a ... ( read original story ...)
Wanda nears deal for loan facility to pay investors
Dalian Wanda Commercial Management Group Co has told some investors that a loan that could be used to pay some pre-initial public offering (IPO) investors in one of its units is close to being ... ( read original story ...)
ECARX Announces Second Quarter 2024 Unaudited Financial Results
SHANGHAI, Aug. 08, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter ... ( read original story ...)
China’s M&A, Restructuring Markets Heat Up Amid IPO Slowdown
Chinese investors are shifting focus to mergers and acquisitions as well as corporate restructuring as a better way of getting a return on their investment amid a prolonged downturn in initial public ... ( read original story ...)
In the News: Mandatory Worker Representation in Boardrooms; Shanghai Biomedical R&D; and Temu Merchant Disputes
Revised Chinese Company Law requires mandatory worker representation in boardrooms; Shanghai's biomedical measures catches the most attention; and Merchants of Pinduoduo's international arm, Temu, ... ( read original story ...)
Wanda Nears Deal for Loan Facility to Pay Pre-IPO Investors
Dalian Wanda Commercial Management Group Co. told some investors this week that a loan that could be used to pay some pre-IPO investors in one of its units is close to being finalized, according to ... ( read original story ...)