The China Securities Regulatory Commission will soon begin inspecting online equity financing platforms to address risks brought by illegal activities and help the platforms better serve the real economy.
China’s National Development and Reform Commission says it will further develop the bond market using initiatives to boost debt funding for infrastructure projects which will also server to boost the economy.
China’s Ministry of Finance has granted "bad bank" licences to three asset management companies (AMCs) allowing them to buy non-financial distressed assets from corporates directly.
The draft rules will prevent users from transferring funds to other users' bank accounts, cap the size of daily transactions and increase identification requirements.
Chinese regulators have restricted short selling of stocks in their latest step to stabilise the equity market and reduce volatility.
China will allow overseas investors to trade select domestic commodity futures using foreign currencies for settlement as it seeks greater influence over raw material prices.
China's move to regulate internet finance, though seen to legitimise a sector that has largely operated in a vacuum, may also reflect the government's support for traditional banks.
The China Financial Futures Exchange and the Moscow Stock Exchange have signed a memorandum of understanding to deepen their partnerships and promote common development.
The U.S. fund giant has won a special new licence that will allow it to raise funds in China directly for the first time.
The Federal Reserve Board has announced an enforcement action against one of the biggest banks in China, ordering it to restructure its anti-money laundering compliance program.