Listed companies are allowed to increase public float through the exercise of options, the allotment of shares under an ESOP, and by selling promoter shares to an ETF.
February 12, 2023Several government departments including the PBOC will work together to track down corrupt Chinese fugitives and recover ill-gotten gains.
March 2, 2021The Ministry of Public Security arrested over 75,000 suspects and shut down thousands of online gambling platforms, payment platforms and underground banks in 2020.
January 21, 2021The National Internet Finance Association has launched a 23-firm pilot scheme to address concerns around risks to user privacy from financial institutions' mobile apps.
December 6, 2019The latest Eurozone bailout has effectively sentenced the country to a generation of vassalage, creating a financial serfdom. Weak growth and regulatory shortcomings will only invite the next crisis.
June 25, 2018Every banking system at the bottom of the financial pool crosses paths eventually, and in desperate times only a tangled morass of regulations versus sovereign imperatives awaits.
June 4, 2018ECB’s travails with Bank Monte dei Paschi a lesson for Chinese banks facing rising bad loans.
January 9, 2017Crackdown on illegal lending and money-laundering operations in a bid to prevent outbound flows of stolen assets.
October 19, 2015Chinese police have launched a nationwide campaign against underground banks to curb money laundering and illegal funds transfers that occur outside approved banking channels.
August 27, 2015