China’s top financial regulator has pledged to accelerate the overhaul of struggling local banks and prevent sudden institutional collapses, signaling a continued crackdown on financial risks under …
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China Exim Bank delegation to discuss CIPS, Panda Bonds with BB
A delegation from the Export-Import Bank of China (China Exim Bank) is scheduled to meet Bangladesh Bank today to discuss the possibility of Bangladesh joining China’s Cross-Border Interbank Payment …
China’s top financial regulator pledges stricter oversight and risk control
China’s National Financial Regulatory Administration announced that it held a meeting on Friday to deploy key near-term priorities, emphasizing the need to strengthen a sense of responsibility and …
CBBC’s Chair Meets Senior Leaders at MofCom, Ministry of Finance, SAMR, and CCPIT in Beijing during Chair Visit
The China-Britain Business Council (CBBC)’s Chair Sir Sebastian Wood and Chief Executive Peter Burnett undertook a three-day visit to Beijing from Monday, 1 June to Wednesday, 3 June.
China’s central bank extends gold-buying streak to 19 months
China’s central bank increased its gold reserves for a 19th consecutive month in May, continuing a prolonged buying campaign even as bullion prices remained under pressure, Bloomberg reported on …
China’s foreign exchange reserves rose in May
China’s foreign exchange reserves rose in May, thanks to a rising U.S. dollar and global financial assets, official data showed on Sunday. The total of foreign exchange reserves increased by $31.7 …
China will enhance regulation of programme trading: CSRC chairman
China’s top securities regulator says new measures needed to ‘prevent someone from abusing the technology’ …
Assessing Bank Of China (SEHK:3988) Valuation After Strong Recent Share Price Momentum
Recent share performance and business scale Without a specific news announcement driving trading, Bank of China (SEHK:3988) has still drawn attention as the stock posted a 1 day return of 1.14% and a …
China to tighten oversight of private investment funds
BEIJING/SHANGHAI, June 5 (Reuters) – China on Friday tightened oversight of the country’s 23 trillion yuan ($3.40 trillion) private fund industry, in a bid to reduce financial risks and channel money …
China regulator plans fund industry overhaul focused on long-term returns
China’s securities regulator said it is preparing a new reform plan for the fund management industry aimed at improving long-term returns, lowering fees, and strengthening oversight of market activity …
China allows banks to offer higher interest rates on dollar deposits in bid to cool yuan rally
China allows select banks to offer higher US dollar deposit rates above SOFR, reversing 2023 caps to slow yuan appreciation and retain corporate dollar …
China banks raise dollar deposit rates amid yuan strength, sources say
June 5 (Reuters) – Several Chinese banks have raised dollar deposit rates in recent weeks, sources said, in a move some traders say is likely aimed at slowing the pace of yuan appreciation. At least…
Japanese regional banks scale back in China and turn to Southeast Asia and India
Among regional lenders, Kyoto Financial Group, the parent company of Bank of Kyoto, plans to open a representative office in India.
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