Jun 03, 2024 20:59 PM- PwC China in Crisis as Major Clients Terminate Contracts in Wake of Evergrande Scandal
- State-owned firms and financial institutions have terminated or decided to terminate audit deals, raising questions about the accounting firm’s future in the country
Jun 03, 2024 15:03 PM- Shanghai Composite Index Fell 0.27% on Monday
- Shenzhen Component Index closed up 0.07%
Jun 03, 2024 19:36 PM- Chart of the Day: Metric of Chinese Banks’ Profitability Hits Lowest Since 2010
- Depressed net interest margin helped drag down lenders’ net profit growth to just 0.7% year-on-year in the first quarter
Jun 01, 2024 04:30 AM- Evergrande Unit Fined $577 Million for Misconduct
- Evergrande’s founder Hui Ka Yan fined $6.5 million and banned for life from participating in securities markets
- May 31, 2024 15:03 PM
- Shanghai Composite Index Fell 0.16% on Friday
- Shenzhen Component Index closed down 0.22%
May 30, 2024 19:59 PM- China Investigates Two More Ex-Financial Overseers for Corruption
- Zhao Dongsheng and Li Shiqian have likely leveraged their influence to do business, sources say
- May 30, 2024 15:03 PM
- Shanghai Composite Index Fell 0.62% on Thursday
- Shenzhen Component Index closed down 0.32%
May 30, 2024 05:48 AM- Citic Group Buys 60% Stake in China Huarong Financial Leasing for $1.65 Billion
- China Citic Financial Asset Management says it’s shedding non-core financial assets
- May 29, 2024 15:03 PM
- Shanghai Composite Index Ended Nearly Flat on Wednesday
- Shenzhen Component Index closed up 0.25%
May 29, 2024 05:10 AM- China’s Central Bank Revamps Regional Offices in Key Overhaul
- The recent reorganization of the bank’s operations at county level marked the completion of its three-tier organizational structure
May 28, 2024 20:52 PM- Boss of New China Asset Management Disappears, Sources Say
- Zhang Chi has likely been detained by graft-busters
May 28, 2024 19:48 PM- In Depth: It’s Curtains for China’s Local Financial Asset Exchanges
- The trading platforms have become too much of a risk to financial stability, with many degenerating into channels for illegal financing
- May 28, 2024 15:03 PM
- Shanghai Composite Index Fell 0.46% on Tuesday
- Shenzhen Component Index closed down 1.23%
May 28, 2024 05:17 AM- China Piles $47.5 Billion Into ‘Big Fund III’ to Boost Chip Development
- Third phase of the Big Fund aims to help build a semiconductor industry to circumvent U.S. export controls on powerful chips
May 27, 2024 20:13 PM- China Sets New Rules on How Major Shareholders Can Sell Their Stock
- New CSRC measures ban controlling shareholders and actual controllers from offloading shares under certain circumstances
- May 27, 2024 15:03 PM
- Shanghai Composite Index Rose 1.14% on Monday
- Shenzhen Component Index closed up 0.88%
- May 24, 2024 15:03 PM
- Shanghai Composite Index Fell 0.88% on Friday
- Shenzhen Component Index closed down 1.23%
May 23, 2024 20:08 PM- Debut Price Spikes of China’s Special Treasury Bond Likely Due to Limited Supply, Sources Say
- Retail investors could only trade the 30-year bonds on stock exchanges, where relatively few were available
- May 23, 2024 15:03 PM
- Shanghai Composite Index Fell 1.33% on Thursday
- Shenzhen Component Index closed down 1.56%
May 23, 2024 02:57 AM- Former Head of Bank of Guizhou Investigated for Graft
- Xu An under investigation for corruption two months after being removed as head of Bank of Guizhou
- Jun 03, 2024 08:59 PM
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