The first batch of market makers includes Huatai Securities, Guosen Securities, Orient Securities and China Securities.
A CBIRC circular outlines the measures it will take to align with CCP objectives, following inspections on the regulator carried out last year.
The US and EU are also discussing plans target Turkish banks that have joined Russia's Mir payment system. Putin unexpectedly admitted to tensions with Xi.
PCAOB inspectors are expected to arrive in Hong Kong soon, but will have to serve three days in hotel quarantine before beginning work at PwC and KPMG's Hong Kong offices.
Construction on 38 pre-sold property projects will resume by the end of September. Work will accelerate on 62 other projects already restarted.
A subsidiary of state-owned China Merchants Group has been granted a financial holding company licence.
The deal would make Credit Suisse the latest global bank to control 100% of its onshore securities venture after JP Morgan and Goldman Sachs.
China Minsheng Banking Corp was moved from Group 2 to Group 1, lowering its additional capital requirement.
Banks in five cities will pilot the use of railway transport documentation to offer financial services to foreign trade enterprises.
Beyond the more than 50 percent increase in bad property loans year-on-year, the banks are also seeing weaker loan demand from corporate and retail clients.
Loading more posts...
Sorry, no more posts
No more pages to load