Euronext and the Shenzhen Stock Exchange announced a MOU to jointly develop Exchange Traded Products (ETPs) in China and the Euronext markets.
The People’s Bank of China has cut a quarter of a percentage point off benchmark lending and deposit rates, effective Monday.
China’s banking regulator urged commercial banks to boost lending to riskier small businesses and the rural sector in a bid to bolster the country’s overall economy.
China plans to allow Chinese individuals to invest in financial markets overseas through the Shanghai Free Trade Zone (FTZ).
China moves towards liberalising its domestic capital markets by allowing a group of foreign institutions to invest in its domestic bond market.
China’s renminbi reclaimed its position as the fifth largest payment currency in the world after slipping to seventh in February in a sign that more companies boosted their investment in China assets.
China’s central bank plans to launch in the next couple of months a credit-easing program that will allow local banks to swap local government bailout bonds for loans as a way to bolster liquidity and boost lending.
The China Securities Regulatory Commission (CSRC) said it will review and approve two batches of initial share sale listing applications each month, up from one previously, increasing the pace of new listing in the country.
China is moving to overhaul its initial public offering (IPO) approval process and open its markets to share issuance by foreign companies.
China’s ambitious “New Silk Road” plan that will build infrastructure links to foreign markets has moved a step closer to reality as Beijing will draw from its foreign exchange reserves to inject $62 billion of capital into policy banks to...