Jul 13, 2019 17:54 PM- Facebook’s Libra Could Have Major Impact on China’s Payment System, Finance Expert Says
- Libra would offer the significant advantage of cross-border payments, though it still has a long way to go to become a real currency, Chinese financial expert says
Jul 13, 2019 05:44 AM- Exclusive: China Bars Some Developers From Selling Bonds to Curb Risks
- Five companies were barred from issuing new domestic bonds and 15 others were ordered to limit new offerings, Caixin has learned
Jul 12, 2019 21:53 PM- S&P Global’s China Unit Issues Its First Rating on Onshore Bond
- “AAA” rating raises eyebrows for differing with parent’s past ranking of same company’s offshore bonds
Jul 12, 2019 20:57 PM- Businesswoman’s Fraud Probe Entangles Top Retailer
- As the scandal surrounding Camsing’s chairwoman and her business empire unfolds, Suning gets caught up in the fallout
Jul 12, 2019 05:39 AM- Trust Firms Call Off Real Estate Financing Products
- In compliance with CBIRC requirements, Everbright and Citic trusts withdrew investment products for property market
Jul 12, 2019 03:18 AM- Company Haunted by Missing Scallops Fined for Fraud
- Seafood company Zhangzidao accused of violations amid wild financial swings attributed to environmental effects on mollusks
Jul 11, 2019 20:13 PM- Watchdog Hands Anbang Units to New Insurance Firm
- Anbang will be barred from taking on new insurance contracts, though it will be responsible for its existing policyholders
Jul 11, 2019 08:52 AM- Four Things to Know About the Fund Bailing Out Anbang Insurance
- China Insurance Security Fund is the state-run agency charged with restructuring the troubled financial conglomerate and selling off its assets
Jul 10, 2019 21:46 PM- Court Upholds Ruling That Sent Two Peer-to-Peer Lending Executives to Prison for Life
- Kuailu and two affiliates were found to have illegally raised tens of billions of yuan from the public
Jul 10, 2019 06:47 AM- Exclusive: Camsing Global Becomes Focus of Fraud Probe
- Allegations involving founder Lo Ching drag e-commerce giants JD.com and Suning.com into investigation
Jul 09, 2019 22:09 PM- Facebook’s Libra Heralds Rise of Global Digital Currency, Former Central Bank Chief Says
- Many institutions and people will be trying to create ‘a currency more conducive to globalization,’ Zhou Xiaochuan says
Jul 09, 2019 20:35 PM- Watchdog Probes Auditor After Massive Fraud at Kangde Xin
- Accountant Ruihua gave debt-ridden company’s financial reports clean bill of health for three years, securities regulator says
Jul 09, 2019 17:57 PM- Chart of the Day: China’s Private Equity Investment Cools While M&A Picks Up
- Private equity firms continue to face difficulty in the wake of last year’s asset management rules
Jul 09, 2019 17:46 PM- Veteran Financial Regulator Takes Reins at Pudong Development Bank
- Shanghai Municipal Financial Regulatory Bureau Director Zheng Yang takes office as bank’s Communist Party chief and will be named as chairman
Jul 09, 2019 06:13 AM- Exclusive: UCF Pay Caught Embezzling Funds, Sources Say
- Parent Chong Sing Holdings suspends Hong Kong trading, citing misconduct by online payments provider with 5.4 million users
Jul 08, 2019 22:23 PM- Exclusive: ICBC’s Shanghai Branch Deputy Is Said to Be Under Investigation
- Regulators found Lü Hong was involved in fundraising and buying wealth management products in violation of regulations, a source says
Jul 08, 2019 21:06 PM- Exclusive: Pudong Development Bank to Get New Chairman
- Zheng Yang, director of Shanghai’s financial regulatory bureau, looks set to become head of the Shanghai-listed bank, sources say
Jul 08, 2019 11:09 AM- In Depth: The Challenges Facing China’s Nascent Deposit Insurance System
- Baoshang Bank takeover puts the spotlight on fund’s small size, vague responsibilities, and lack of independence from central bank
Jul 06, 2019 05:19 AM- China Restarts Approval of Domestically Funded Brokerages
- Securities regulator also issues new rules on ownership of securities companies based on risk and complexity of businesses
Jul 06, 2019 03:59 AM- Securities Regulator Blasts CICC Over Client’s IPO Application
- CSRC criticizes investment bank for altering Traffic Control Technology’s documents in first written warning to an investment bank related to new high-tech board
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