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

Jul 25, 2023 18:40 PM

In Depth: China’s New Rules for Private Funds Are Just the Beginning
Although an overarching legal framework goes into effect in September, more regulations will be introduced to tackle controversial issues, sources tell Caixin
Jul 25, 2023 15:03 PM

Shanghai Composite Index Rose 2.13% on Tuesday
Shenzhen Component Index closed up 2.54%
Jul 24, 2023 20:23 PM

China Plans to Relax Rules on Foreign Firms Investing in Bad-Debt Managers
Removing the ban on overseas nonfinancial firms’ equity investment can help attract talent with professional experience, financial regulator says
Jul 24, 2023 15:03 PM

Shanghai Composite Index Fell 0.11% on Monday
Shenzhen Component Index closed down 0.58%
Jul 22, 2023 20:32 PM

U.S. Lawmakers Demand Venture Capital Firms Provide Details of China Tech Investments
Qualcomm Ventures and Walden International among four firms targeted by a U.S. House Select Committee probe that seeks answers about their dealings in China
Jul 22, 2023 03:06 AM

UBS: Hang Seng Index Needs to Stay Above 20,000 for IPO Market Recovery
China investment banker says HK stock market needs a big bounce back to attract large listings
Jul 21, 2023 20:24 PM

Chinese Property Tycoon Zhang Li Admits Bribing San Francisco Official
Co-chairman and CEO of Guangzhou R&F Properties makes deal with U.S. prosecutors to avoid jail time
Jul 21, 2023 19:10 PM

Another Ex-Exec of China’s Biggest Policy Bank Ensnared in Graft Dragnet
Wang Yongsheng, a former vice president at the CDB, is the latest among more than 30 senior and midlevel executives investigated for corruption
Jul 21, 2023 15:03 PM

Shanghai Composite Index Fell 0.06% on Friday
Shenzhen Component Index closed down 0.06%
Jul 21, 2023 04:58 AM

Local Financial Regulatory Bodies Announce Names Changes in Sweeping Overhaul
Switch affects almost 350 local branches under the now-defunct CBIRC
Jul 20, 2023 21:23 PM

WeChat Lets Users Link Overseas Cards for Everyday Payments in China
Tencent’s ubiquitous platform now allows people from overseas with certain international bank cards to access tens of millions of merchants
Jul 20, 2023 19:19 PM

China Raises Overseas Borrowing Cap to Bolster Weakening Yuan
The country allows financial institutions and nonfinancial businesses to have more cross-border financing, in a move to increase the domestic forex supply
Jul 20, 2023 15:03 PM

Shanghai Composite Index Fell 0.92% on Thursday
Shenzhen Component Index closed down 1.06%
Jul 20, 2023 04:12 AM

China Patches Up Loopholes in GDR Issuance
New rules prevent shareholders from lending domestically-listed shares to brokerages
Jul 19, 2023 17:52 PM

Citic to Cut Costs by Relocating Hong Kong Bankers to Mainland, Sources Say
The measure by China’s largest brokerage will likely prompt other mainland-funded peers in the city to follow suit, a source tells Caixin
Jul 19, 2023 04:33 AM

Deputy General Manager of China Taiping Falls under Probe
Sources say the investigation into Xiao is part of a wider crackdown that has officials in Shanghai shook
Jul 19, 2023 03:46 AM

GF Securities Fined $1.42 Million for Inadequate Due Diligence in Misho’s Fraudulent Stock Sale
Brokerage firm in hot water again after regulator dolls out fine after underwriting a now-troubled landscaping construction company in 2018
Jul 18, 2023 15:03 PM

Shanghai Composite Index Fell 0.37% on Tuesday
Shenzhen Component Index closed down 0.34%
Jul 17, 2023 20:54 PM

First Batch of China Green Bonds Deemed Compliant With Shared EU Standard
A total of 193 bonds have been deemed to be in line with the Common Ground Taxonomy, which experts say makes them more marketable to global investors
Jul 17, 2023 20:09 PM

Another Ex-Chairman of China Everbright Group Investigated for Suspected Corruption
Tang Shuangning, who has been unreachable since last week, follows his successor, Li Xiaopeng, in falling under a graft probe