Under a new policy plan, Shanghai will develop its asset management and fintech ecosystems, and enhance its role as a green finance and cross-border RMB hub.
Beijing Financial Holdings Group is the third company to apply for a licence after China CITIC and China Everbright Group.
Banks are told to build up capital to improve their ability to provide credit to MSMEs, technological innovation, and green development.
The plan would require companies seeking overseas listings to hand over management and supervision of their data to third-parties.
Refinitiv identified over 190,000 financial instruments relevant to the US investment ban against Non-SDN Chinese Military-Industrial Complex Companies as of 28 July.
Hong Kong’s delegate to the NPC Standing Committee Tam Yiu-chung says the vote was delayed pending further study.
The new Shenzhen Court of International Arbitration, established with the SZSE, will handle cross-border securities and capital market disputes.
The CSRC is investigating a broker, a law firm, an asset appraisal firm, and accounting firm over their alleged involvement in share sales.
Evergrande must actively diffuse debt risk and maintain real estate and financial markets stability, the PBOC and CBIRC said in a rare joint statement.
The CSRC said it will create conditions to promote China-US cooperation on audit supervision, strengthen market communication, and stabilise policy expectations.
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