The city's draft AI plan outlines various measures, including financial support, to help drive the industry's development Pudong New District, located east of the Huangpu River, is expected to be the ... ( read original story ...)
China issues draft rules to regulate financial holding companies’ related transactions
China's central bank issued draft rules on Tuesday to regulate related transactions of financial holding companies. Such transactions must conform to rational commercial principles, be backed by ... ( read original story ...)
China doles out bank scandal refunds after hundreds of arrests
Chinese authorities on Tuesday scrambled to dole out refunds to depositors caught in a rural banking scam that has led to more than 200 arrests and triggered concerns about the country's small lenders ... ( read original story ...)
China’s Property Slowdown Sends Bank Shares Tumbling
The selloff is the latest indication of the problems a slowdown in the property sector is having on the wider economy. ( read original story ...)
China to set up firewall between bankers, analysts in IPO deals -paper
China's securities association has drafted rules to set up a firewall between investment bankers and analysts in deals to ensure unbiased pricing of initial public offerings (IPOs), the official ... ( read original story ...)
Chinese Stocks Fall Ahead of Bank Earnings, Asian Markets Mixed
Investing.com-- Chinese stocks fell on Tuesday ahead of earnings reports from some of the biggest banks in the country, while most other Asian markets were mixed as concerns over a hawkish U.S. ( read original story ...)
Cango Inc. Reports Second Quarter 2022 Unaudited Financial Results
Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced its unaudited financial results for the second quarter of 2022. Second ... ( read original story ...)