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

Jun 20, 2024 15:03 PM

Shanghai Composite Index Fell 0.42% on Thursday
Shenzhen Component Index closed down 1.63%
Jun 19, 2024 20:21 PM

China’s Monetary Policy Will Stay ‘Accommodative’ Despite Deflated Data, PBOC Chief Says
Recent moves to regulate market behavior won’t detract from supportive stance to bolster economic recovery, Pan Gongsheng tells forum
Jun 19, 2024 18:29 PM

China, IMF to Open Shanghai Hub to Strengthen Asia-Pacific Cooperation
New center aims to deepen lender’s dialogue with stakeholders and promote research in areas of interest to emerging market and middle-income countries
Jun 19, 2024 15:03 PM

Shanghai Composite Index Fell 0.4% on Wednesday
Shenzhen Component Index closed down 1.07%
Jun 19, 2024 04:17 AM

KPMG Cuts Hong Kong IPO Forecast by 40% Blaming Fed Rate Cuts Delay
Accounting firms now expect the Hong Kong bourse to see only 80 new listings this year raising about $768 million
Jun 18, 2024 19:07 PM

In Depth: Alipay and WeChat Pay’s Smaller Peers Struggle Amid New Crackdown
Institutions are scrambling to find new ways of making money after regulators’ ban on code stacking cut off a lucrative source of income
Jun 18, 2024 15:03 PM

Shanghai Composite Index Rose 0.48% on Tuesday
Shenzhen Component Index closed up 0.4%
Jun 18, 2024 04:13 AM

The World Still Loves Panda Bonds as Appetite for Renminbi Increases
Renminbi internationalization remains robust with $558 billion-worth held abroad in bonds
Jun 17, 2024 18:12 PM

China Picks New Private Fund Czar
CSRC veteran Wu Meng is now also responsible for combating illegal financial activities
Jun 17, 2024 15:03 PM

Shanghai Composite Index Fell 0.55% on Monday
Shenzhen Component Index closed up 0.31%
Jun 15, 2024 05:38 AM

UBS Close to Selling Credit Suisse China Joint Venture to State-Owned Firm
BSAM steps in with stock swap and cash offer after Citadel was reluctant to sweeten offer
Jun 14, 2024 19:58 PM

China’s Top Financial Regulator Rotates Local Leadership in Ongoing Reshuffle
New leaders have been appointed to branches of the National Financial Regulatory Administration in Guizhou and Sichuan provinces, and sources say the same will soon happen to the Shaanxi branch
Jun 14, 2024 15:03 PM

Shanghai Composite Index Rose 0.12% on Friday
Shenzhen Component Index closed up 0.5%
Jun 13, 2024 20:12 PM

China Anti-Graft Investigators Detain Top Leaders of 17 Listed Firms This Year
Yang Yongping, chairman of Xuerong Biotechnology, is one of the latest to fall under investigation for possible involvement in suspected crimes or violations of law by public officials
Jun 13, 2024 15:03 PM

Shanghai Composite Index Fell 0.28% on Thursday
Shenzhen Component Index closed down 0.69%
Jun 13, 2024 05:10 AM

Bankrupt Sichuan Trust Seeks Investors to Bring Business Back
A qualified investor needs to have capital of 3 billion yuan, total assets for the last year of 50 billion yuan and net assets of 20 billion yuan
Jun 12, 2024 19:28 PM

Executive at ICBC’s Beijing Branch Investigated for Suspected Graft
The probe into Ying Weiyun, a vice president of the branch, is likely linked to a former head of the state-owned lender’s personal finance department, sources say
Jun 12, 2024 17:59 PM

HSBC Wraps Up Acquisition of Citi’s Mainland Retail Wealth Management Portfolio
The deal brings customers, deposits and investment assets from 11 cities and over 300 former Citigroup employees
Jun 12, 2024 15:03 PM

Shanghai Composite Index Rose 0.31% on Wednesday
Shenzhen Component Index closed up 0.08%
Jun 12, 2024 04:40 AM

Optic Fiber Manufacturer Breaks IPO Drought as Beijing Stock Exchange Resumes Reviews
Chengdu Uestc Optical Communications aims to raise $20.7 million after first IPO review since February