China

China's onshore ABS market has been growing rapidly since the launch of Bond Connect last year, according to panellists at IMN's Asian Structured Credit Summit.

China's internet censorship agency has drafted rules requiring blockchain information service providers to collect, store and potentially share user data with authorities.

The measures include more funding to support bank lending to small firms and a broker-led fund to support listed companies facing forced liquidation of pledged shares, among others.

Chinese banks have the lowest ratio of problems loans among BRICS nations, whereas Indian banks suffer from weak asset quality and profitability.

The PBOC, CBIRC and CSRC issued statements announcing new measures to support China's market after equities fell to their lowest levels since May 2014.

The Qianhai Mercantile Exchange, controlled by HKEX, unexpectedly began spot trading in alumina on Friday, according to a Reuters report.

HSBC could become the first foreign firm to list on the Shanghai Stock Exchange through a new Stock Connect link with London, slated to go live at the end of the year.

Tri-party repos allow investors to entrust an agent to handle collateral, reducing settlement failure while ensuring effective coverage of risk exposure.

The CSRC's 600,000 yuan fine on Changsheng Biotechnology for falsifying data for a rabies vaccine form a small part of the 9.1 billion yuan it will have to pay.

The guidelines set a minimum cap for London-listed firms seeking to issue depository receipts in China, among other requirements.