China offers temporary funding to major banks

A woman walks past the headquarters of the People’s Bank of China in Beijing. Commercial banks had 11tn yuan ($1.6tn) of sovereign and financial bonds outstanding as of December, a former PBoC official said yesterday. China’s central bank said it ... ( read original story ...)

China 'cuts reserve ratios for five big banks temporarily'

The People's Bank of China (PBOC) has cut the reserve requirement ratio (RRR) for the banks by one percentage point, taking the ratio down to 16 per cent. It will restore their RRR to the normal level at an appropriate time after the holiday, according to ... ( read original story ...)

China Saite : halts financial services business buy

the memorandum of understanding regarding the possible acquisitions of not less than 90% interest of a company incorporated in Hong Kong, which is principally engaged in the provision of asset management, wealth management and general financial services in ... ( read original story ...)

China’s GDP beats expectations but debt risks loom

But Beijing’s decision to prioritize its official growth target could exact a high price, as policy makers grapple with financial risks created by an explosive growth in debt. China’s debt to GDP ratio rose to 277 per cent at the end of 2016 from 254 ... ( read original story ...)

China launches state financial media group: Xinhua

SHANGHAI China has merged five state media companies in a bid to improve the quality and influence of the country's economic and financial news services, state news agency Xinhua reported on Friday. Last week, China's cabinet gave Xinhua permission to ... ( read original story ...)

China Said to Relax Index Futures Curbs as Market Steadies (2)

China Financial Futures Exchange will cut transaction fees, lower margin requirements for non-hedging accounts and double the number of new positions such traders are allowed to open per day, the people said. The updated rules are set to come into effect ... ( read original story ...)

China’s IPO craze a hurdle for new financial market reform

A buying craze in newly listed stocks may eventually crimp efforts by China’s securities regulators to deregulate the IPO system, say analysts and industry watchers. Investing in initial public offerings (IPO) can sometimes bring investors a 22-fold ... ( read original story ...)