Prompted by the PBOC raising its stake in HDFC to over 1%, SEBI is reportedly concerned that Indian companies may face takeover threats from Chinese investors.
The MoU will facilitate the display and joint promotion of Bursa Malaysia and SZSE benchmark indices in each other's markets.
The licensing rules reflect the cancellation of a $1bn asset threshold previously required of foreign financial institutions that invest in domestic trust companies.
A merger between Citic Securities and CSC Financial would create a $67bn investment bank, surpassing the market cao of most other foreign competitors.
Participation by the three banks in the treasury bond futures market will improve liquidity, enhance price discovery, and create a more meaningful yield curve.
Commercial banks that receive the lowest scores will be subject to targeted business improvement orders and enhanced supervision.
Local authorities are directed to review the list of companies that received loans under a central bank initiative aimed at channelling low-cost funds into epidemic control.
The misappropriation involved the transfer of assets from trust products to company shareholders, and the illegal use of assets to make payments for other products, among other purposes.
The chief operating officer of Nasdaq-listed Luckin Coffee, along with his employees, are said to have fabricated about $310mn worth of sales transactions.
The move will free up a total 400 billion yuan at small and medium-sized lenders, allowing them to provide additional financing to SMEs.