BEIJING, Feb. 26 (Xinhua) — A Chinese regulator lashed out at “financial crocodiles” that gobbled up retail investors’ interests on the stock market on Sunday, vowing stricter regulation. Some “barbarians” and “crocodiles” hurt retail investors…
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China securities regulator to focus on stability, reform
Liu said earlier this month that CSRC would take down law-breaking financial tycoons he called “giant crocodiles”, saying they will not be allowed to take advantage of retail investors. China’s crackdown on illegal market activities…
Regulator: China needs to rein in risky stock behavior
Regulators need to stop “blind expansion” by financial firms, the deputy chairman of the China Securities Regulatory Commission, Li Chao, said at a news conference. People in financial industries have warned insurance companies and others…
China’s smaller cities set to lead home sales growth
While home sales are facing a slump in China’s large, top-tier cities, they are going from strength to strength in some of their lesser known counterparts. As the government continues to intensify measures designed to…
BRIEF-China Aoyuan Property announces equity transfer agreement
* Vendors, purchaser, vendor guarantors, purchaser guarantors and target company entered into equity transfer agreement * Deal for consideration of RMB984.9 million * Vendors are Shenzhenshi Qiushuo Investment Development and Shenzhenshi Zhongnanhuali … ( read…
China insurance watchdog bars Evergrande Life from stock investing for one year
China’s top insurance regulator has punished a second company in just two days for short-term speculation, suspending the insurance arm of leading property developer Evergrande Group from trading in stocks for one year. The China…
China's IPR bullet train runs between Beijing, Guangzhou
Bullet trains with Chinese intellectual property rights on every component started running … Development of the train has taken about four years, according to the China Railway Corporation. The China-standard bullet train made its first…
China to tighten stock market supervision
BEIJING, Feb. 26 (Xinhua) — China will tighten supervision of stock markets to prevent … Saturday that it had restricted stock trading by Evergrande Life, a unit of property conglomerate Evergrande Group, for one year…
China regulator punishes Evergrande Life for irregular stock trading
China’s insurance regulator said Saturday that it has imposed measures to restrict stock trading of Evergrande Life, a unit of property conglomerate Evergrande Group, for one year due to the insurer’s irregular investment operations. This…
Why Chinese Real Estate Stocks Are Rallying
One can see why. Last year, developers’ stocks were major laggards, on average retreating 18% versus a broadly flat MSCI China Index, even as property sales shot up 35%. After last week’s rally,… ( read…
Govt aims for passage of enemy property bill in Rajya Sabha
It includes persons who went to China too. Opposition parties such as Congress … in the UP election where all contestants have used polarising tactics. The “enemy property” issue is linked by BJP to “minorityism”…
500 years ago, China destroyed its world-dominating navy because its political elite was afraid of free trade
Vmenkov / Wikimedia, CC In the 1400s, China owned the greatest seagoing fleet in the world, up to 3,500 ships at its peak. (The U.S. Navy today has only 430). Some of them were five…
Report: Chanel, Prada Among Brands Chinese HNWIs Most Aspire to Buy in 2017
Prada is listed as the number two luxury brand China’s millionaires aspire to buy in the next year, according to a recent report by Agility Research and Strategy. (Shutterstock) Chinese consumers have often been referred…
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