China has waived the payment of taxes on profits made from the Shanghai-Hong Kong stock cross border trading scheme, in a move aimed at encouraging more investors to buy stocks in both bourses.
China has approved a long-awaited Shanghai-Hong Kong Stock Connect scheme, which allows cross-border trade between the two bourses.
Hong Kong’s financial regulator is looking into the loan exposure of Taiwanese banks to mainland Chinese companies and has launched an onsite probe into the matter.
China has allowed the direct trade between its currency and the Singapore dollar, helping to boost business ties between the two economies.
The Hong Kong Exchanges and Clearing said there is no firm date for the launch of the much-awaited cross-border stock trading scheme between the Hong Kong and Shanghai bourses.
The Securities and Futures Commission and the China Securities Regulatory Commission have signed an agreement to strengthen cross-boundary regulatory and enforcement cooperation ahead of the implementation of the Shanghai-Hong Kong Stock Connect scheme.
China has allowed direct trading between the yuan and the euro in the interbank market for the first time, further strengthening ties between the mainland and the European Union.
China's banking regulator has revised the guidelines for banks' internal risk management controls to rein in bad loans.
The China Securities Regulatory Commission vowed to tighten supervision over insider trading.
China will remove a ban on foreign banks opening more than one branch in each Chinese city, giving them easier market access.
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