Caixin
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Baoshang Bank
Baoshang Bank
NEWS
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Central bank and top banking regulator move to tighten regulation of commercial acceptance bills, a risky form of credit that played a role in the Baoshang Bank collapse
Feb.26 2022 04:18 AM
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Li Guorong misused his power when acting as a senior executive supervising the takeover of Baoshang Bank, China’s top graft-buster says
Sep.28 2021 18:21 PM
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But new owners will have to cooperate with regulators to deal with asset management products in default
Sep.17 2021 21:30 PM
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The lack of safety standards in China’s cross-country running world is under scrutiny. Huawei vows it won’t make cars or invest in automakers
May.26 2021 09:15 AM
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Five officials raked in 700 million yuan in bribes, mostly linked to the scandal-hit lender, report shows
May.25 2021 20:07 PM
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Xue Jining’s corruption came to light during the investigation into the collapse of regional lender Baoshang Bank in Inner Mongolia
May.13 2021 19:48 PM
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Finance veteran detained for questioning over massive investment losses, sources tell Caixin
Jan.15 2021 21:09 PM
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China lands a robotic spacecraft on the moon. Several top executives at a failed regional bank are detained
Dec.3 2020 09:20 AM
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As financial rescue winds down, investigation into lender’s collapse turns to role of senior management
Dec.2 2020 20:23 PM
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Pan Huisheng, a former assistant president, was detained in Inner Mongolia, sources with knowledge of the matter told Caixin
Dec.1 2020 20:15 PM
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Overseas investors are to ramp up investment in Chinese mainland markets, portfolio managers predict
Nov.25 2020 09:25 AM
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Failed regional lender with $32 billion financial black hole will be China’s first commercial lender to be liquidated via judicial process
Nov.24 2020 06:10 AM
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This week’s top stories were led by more major defaults, including more fallout from a state-owned miner’s missed payment. Meantime, McDonald’s has become the latest to eye China’s premium coffee market with plans to open McCafes at all its stores nationwide
Nov.21 2020 09:30 AM
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China and 14 Asia Pacific countries sign the world’s biggest free-trade deal. Qualcomm gets the green light to sell 4G chips to Huawei
Nov.17 2020 09:20 AM
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Embattled regional lender writes down entirety of interbank bond in wake of state takeover
Nov.16 2020 20:22 PM
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Revisions to 25-year-old statute expand application of law and lay out mechanism for managing risk and liquidating troubled institutions in wake of Baoshang failure
Oct.17 2020 03:48 AM
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Regulators’ master plan shifts part of responsibility for bailouts, mergers of smaller lenders into the hands of provincial-level authorities
Aug.28 2020 19:57 PM
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Deposit Insurance Fund will inject $1.28 billion into Hong Kong-listed Huishang, which took over assets of failed Baoshang Bank in regulatory cleanup of Tomorrow Holding debacle
Aug.22 2020 04:14 AM
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CanSino wins China patent on Covid-19 vaccine candidate; cancer treatment venture JW Therapeutics files for HK IPO; BGI Group may seek $1 billion in DNA equipment unit IPO
Aug.17 2020 20:21 PM
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The infamous lender offers lessons about how corruption can flourish at smaller banks, writes the head of the regulatory team that took it over
Aug.10 2020 19:31 PM