Restrictions on the independent operations of Hong Kong asset managers in China may impose sales bottleneck.
China’s proposal to scrap its loan-to-deposit ratio limit, aimed at boosting bank lending, may ultimately make banks safer and help to make stimulus tools more effective.
China’s cabinet has proposed scrapping a rule that caps lending by commercial banks at 75 percent of their deposits to help boost credit expansion as it looks to revive its economic growth.
The China Banking Regulatory Commission will allow banks in the free trade zone to try new and innovative businesses under a special regulatory and risk management mechanism.
Bank of China has been approved to participate in the London Bullion Market Association auction which sets the price of gold in the London market.
China has given powers to the provincial offices of its bank regulator to approve asset-backed securities in a bid to quicken the development of the securitisation market.
The People’s Bank of China has issued a report on RMB internationalisation, which includes confirmation of the year-end launch of its new payments system.
China will promote the listing of asset-backed securities on stock exchanges, according to a China Banking Regulatory Commission official.
The China Securities Regulatory Commission has granted approval for the first public sale of units by a real estate investment trust (REIT).
The China Securities Regulatory Commission is proposing a ceiling on margin trading at brokerages and for existing margin trade contracts to be rolled over.