A series of MOUs to deepen collaboration in financial services and innovation were announced at the 2nd Singapore-Shanghai Comprehensive Cooperation Council meeting on Friday.
December 14, 2020Guotai Junan Securities was fined for regulatory breaches in connection with AML, third party fund transfers, placing activities, and wash trade detection and reporting.
June 22, 2020CEFC Shanghai Securities Co used its own and client funds to provide financing to its parent and other affiliated companies for purchasing and leasing properties.
November 18, 2019Brokers will be allowed to issue more debt to maintain liquidity in the interbank market. But some say the liquidity crunch is a normal process to restore risk control and force out bad players.
June 26, 2019Nine leading brokerages and fund managers have reportedly been asked to provide liquidity support to smaller securities firms and funds to help ease cash shortfalls.
June 19, 2019The move is aimed at helping private companies to raise funds on the market. CDS products, though new to China, will provide assurances against default.
April 19, 2019Eleven brokerages have contributed $3.7bn to help listed companies facing liquidity issues, while a new programme is launched to support corporate bond issuances.
November 5, 2018Equity-backed loans amount to 103% of net capital at Chinese brokerages; $2tn sell-off since January rapidly eroding value of collateral, reports Bloomberg.
July 12, 2018First tri-party repo transactions concluded among seven institutions on the Shanghai Stock Exchange on 9 May 2018.First tri-party repo transactions concluded among seven institutions on the Shanghai Stock Exchange on 9 May 2018.
May 14, 2018