Existing law bars commercial lenders from direct investment in equities of non-bank institutions.
Central bank sets clearing bank RRR at up to 17%, issues lending suspension, ‘guidance’ on cash pool outflows.
Central bank injects RMB440 billion in advance of Spring Festival holiday.
Financial institutions in four free-trade zones will no longer need approval for overseas borrowing.
Rating agency says regulators could struggle to ease volatility, prevent defaults.
Securities regulator targeting illegal activity in China’s USD760 billion PE, VC and hedge fund industry.
US currency comptroller’s action relates to deficiencies in currency transaction controls.
Central bank to lift RRR from 25 February as part of efforts to manage RMB liquidity.
Regulator says in social media posting that Xiao Gang has not offered to resign despite circuit breaker failure.
Central bank aims to stem speculation of further depreciation in its currency: sources.