Participation by the three banks in the treasury bond futures market will improve liquidity, enhance price discovery, and create a more meaningful yield curve.
April 14, 2020A new pilot scheme to allow Chinese banks to trade government bond futures is a healthy step towards allowing foreign investors to finally tap it, experts believe.
March 12, 2020The former manager accepted more than 10 million yuan in bribes and embezzled a further 820,000 yuan, representing illegal gains from organising employee competitions and events.
March 12, 2020The domestic treasury bond futures market was closed in 1995 following a panic sell-off and the collapse of China's largest brokerage at the time.
February 24, 2020From January to October, the CBIRC has approved over 30 applications from foreign firms looking to either establish operations or commence business in China.
December 12, 2019The regulator has fixed the minimum net capital for commercial lenders' wealth management subsidiaries at 500 million yuan, and at least 40 percent of the net assets.
December 6, 2019The ban follows an August 2018 conviction, where the former banker was found guilty of soliciting illegal commission payments from a client for stock trading profits.
September 24, 2019The rate on mortgages for first-time home buyers must be at least the loan prime rate; for second-time home buyers it must be at least LPR plus 60bp.
August 28, 2019The bank's former chairman is said to have channelled bribes to a party official from the now-missing former chairman of a conglomerate, CEFC China Energy.
August 1, 2019Phase I Open APIs provide information on banking products and services. Phase II will allow banks to process applications for such products and services by end-October.
August 1, 2019