Thailand's laws require digital assets businesses to suspend business operations if they are unable to maintain the net liquid capital requirement.
November 30, 2023Creditors rejected Hodlnaut's restructuring plan, believing a liquidation would maximise the distribution of the remaining assets.
November 13, 2023Country Garden is expected to move towards a restructuring that is expected to have a worse impact than Evergrande's 2021 failure.
October 28, 2023Evergrande said its chairman Hui Ka Yan was placed under "residential surveillance" due to his suspected involvement in "illegal crimes".
September 29, 2023Due to the investigation, Evergrande is now no longer qualified to issue new notes that were supposed to form part of its restructuring plan.
September 26, 2023Ant Group is undergoing restructuring to distance non-core operations, paving the way for a Hong Kong IPO.
July 30, 2023Michael Barr said the proposed changes would not be fully effective for "some years" because of the rulemaking process and the transition period provided.
July 11, 2023Ant Group was fined CNY 7.1 billion. The PBOC and CSRC said they would shift focus to more "normalised supervision".
July 10, 2023Li Yunze will head the NAFR (National Administration of Financial Regulation) as part of a broader restructuring of China's financial regulatory regime.
May 12, 2023The FSC will ease requirements on potential buyers to prove their financial capacity and set up facilities to help finance M&A activity.
May 9, 2023