China Financial News and Headlines: stock markets, securities, banking and funds

Nov 01, 2023 15:03 PM

Shanghai Composite Index Rose 0.14% on Wednesday
Shenzhen Component Index closed down 0.38%
Nov 01, 2023 07:29 AM

Caixin Explains: China Concludes Sixth Top Financial Meeting to Tackle New Challenges
Under President Xi, financial work conference seeks more functional financial system to support economy; China sets action to strengthen regulation, optimize financial services, limit risks
Oct 31, 2023 15:03 PM

Shanghai Composite Index Fell 0.09% on Tuesday
Shenzhen Component Index closed down 0.65%
Oct 30, 2023 15:03 PM

Shanghai Composite Index Rose 0.12% on Monday
Shenzhen Component Index closed up 1.61%
Oct 27, 2023 15:03 PM

Shanghai Composite Index Rose 0.99% on Friday
Shenzhen Component Index closed up 2.14%
Oct 27, 2023 07:13 AM

Thunes Sets Up Digital Yuan Partnership With China Construction Bank
Singapore-based payment infrastructure platform to develop cross-border remittance systems for Chinese banking giant’s clients
Oct 27, 2023 07:11 AM

Jiangsu World Drops $820 Million IPO Amid Regulators’ Doubts
Farm machinery maker first applied to Shenzhen exchange in December 2020 but ran into issues raised by regulators
Oct 26, 2023 20:35 PM

Shareholder in Zhongzhi-Linked Trust Firm Delists Amid Deepening Liquidity Crisis
Jingwei Textile Machinery removed from Shenzhen bourse at own request as Zhongzhi unit fails to pay out wealth products
Oct 26, 2023 07:25 AM

Shandong LGFV Boss Swept Up in Intensifying Graft Crackdown
Yin Peng, head of Shandong Guohui Investment, comes under investigation as graft busters target nine top executives in several provinces since August
Oct 25, 2023 15:03 PM

Shanghai Composite Index Rose 0.4% on Wednesday
Shenzhen Component Index closed up 0.47%
Oct 25, 2023 06:46 AM

China Names Lan Foan to Be New Finance Minister
Appointment of the public finance specialist was widely expected after he was named Communist Party chief of the Ministry of Finance
Oct 24, 2023 20:13 PM

CICC’s 27 Billion Yuan Refinancing Plan Fails
The snub for one of China’s biggest securities companies comes as such firms find it tougher to replenish their capital
Oct 24, 2023 19:50 PM

In Depth: China Banks Jump on AI Bandwagon to Cut Costs
Lenders are using models for various purposes such as customer service and risk control, but face technical and regulatory hurdles
Oct 24, 2023 15:03 PM

Shanghai Composite Index Rose 0.78% on Tuesday
Shenzhen Component Index closed up 0.61%
Oct 24, 2023 07:23 AM

Exclusive: CSC Financial Gets New Boss After Five-Month Vacancy
Zou Yingguang, head of Citic Securities’ fixed income division, will become CSC Financial’s general manager, succeeding Li Geping
Oct 24, 2023 07:17 AM

Central Huijin Steps Up Investment to Bolster Stock Market
Domestic arm of China’s sovereign wealth fund buys an undisclosed amount of exchange-traded funds following support for Big Four banks
Oct 23, 2023 20:06 PM

Top Chinese Investment Bank CICC Picks New Boss
China International Capital Corp. nominates industry veteran Chen Liang to succeed Shen Rujun as chairman
Oct 23, 2023 15:03 PM

Shanghai Composite Index Fell 1.47% on Monday
Shenzhen Component Index closed down 1.51%
Oct 21, 2023 19:19 PM

Foreign Banks’ ‘Adjustments’ in China Only Short Term, National Financial Regulator Says
The pandemic and increasing uncertainties in the global economy have caused some foreign banks to make changes to their business in China, but it is not a long-term trend, said official from state administration for financial regulation
Oct 21, 2023 05:33 AM

Ex-Executive of Shanghai Bourse Accused of Bribery and Fake Divorce
Liu Ti, exchange’s former deputy general manager, falsified records, embezzled public assets and pursued improper gains, graft busters say