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

Jun 27, 2023 15:03 PM

Shanghai Composite Index Rose 1.23% on Tuesday
Shenzhen Component Index closed up 0.97%
Jun 27, 2023 04:15 AM

Local Chinese Governments Add Billions to Multitrillion-Dollar Hidden-Debt Problem
National Audit Office review of 2022 financials finds inflated revenue, illegal collections, new hidden debts and use of borrowings for prohibited projects
Jun 26, 2023 15:03 PM

Shanghai Composite Index Fell 1.48% on Monday
Shenzhen Component Index closed down 1.68%
Jun 22, 2023 04:02 AM

Former New China Life Insurance Chief Accused of Bribery
Wan Feng kicked out of Communist Party and his illegal gains confiscated as graft busters turn his case over to prosecutors
Jun 22, 2023 03:57 AM

China Tweaks Bond Registration System Aiming to Elevate Quality
Stronger disclosure requirements focus on solvency while new guidelines aim to prevent excessive leverage in new issues
Jun 21, 2023 20:04 PM

Watchdog Slams Rampant Graft at China Development Bank
CCDI says it held a special conference with the lender’s Communist Party committee to discuss party governance and analyze what went wrong at the bank
Jun 21, 2023 15:03 PM

Shanghai Composite Index Fell 1.31% on Wednesday
Shenzhen Component Index closed down 2.18%
Jun 21, 2023 05:30 AM

Ex-PBOC Deputy Head Arrested on Suspicion of Bribery
Fan Yifei now faces criminal investigations, China’s top prosecutor says
Jun 20, 2023 15:03 PM

Shanghai Composite Index Fell 0.47% on Tuesday
Shenzhen Component Index closed up 0.28%
Jun 20, 2023 02:46 AM

HKEX Launches Yuan Counter for Trading of Hong Kong-Listed Shares
Turnover of the first batch of 24 approved stocks reaches $22.9 million on the first day as mainland investors can buy HKEX shares using yuan
Jun 17, 2023 03:45 AM

Chinese Private Equity Veteran Gao Bin Under Investigation
Probe may be related to corruption investigation of Zhu Congjiu, former assistant chairman of the CSRC, where Gao previously worked
Jun 16, 2023 04:09 AM

Only Half of Chinese Insurers Made Money Abroad Last Year
Survey of 52 enterprises finds that foreign investments were flat in 2022 at $83.2 billion, and the industry tapped into 76% of forex quotas
Jun 15, 2023 15:03 PM

Shanghai Composite Index Rose 0.74% on Thursday
Shenzhen Component Index closed up 1.81%
Jun 15, 2023 01:11 AM

Guangzhou to Offer REIT Shares in Subway’s ‘Hell Line 3’
Selling equity in its busiest, $699 million subway line will help the Greater Bay Area city pay the multibillion-dollar tab for 11 other subway lines
Jun 14, 2023 15:03 PM

Shanghai Composite Index Fell 0.14% on Wednesday
Shenzhen Component Index closed up 0.26%
Jun 14, 2023 04:18 AM

Britain’s Prudential Opens Macao’s Second Life Insurance Operation in 20 Years
New branch office reflects expansion of Macao as an insurance alternative to Hong Kong for mainland Chinese customers
Jun 14, 2023 04:09 AM

More Commercial Lenders Slash Rates Paid on Deposits
Move by 11 of 12 mid-sized banks matches reductions last week by state-owned giants as authorities push for cheaper loans while defending bank profits
Jun 14, 2023 03:48 AM

PBOC Cuts Short-Term Rates for Banks in Further Sign of Easing
Reduction in monetary policy tool follows a cut in another key lending rate and may signal more central bank action to bolster the economy
Jun 13, 2023 21:10 PM

Southeast Asia’s Young Population Offers Big Opportunities for Investment
Panelists at Caixin’s inaugural Asia New Vision Forum in Singapore highlight fintech, health care, and new energy as areas of focus
Jun 12, 2023 15:03 PM

Shanghai Composite Index Fell 0.08% on Monday
Shenzhen Component Index closed up 0.74%