Chinese SOEs are being asked to allow their contracts with the big four audit firms to expire and use local accountants instead.
February 23, 2023The voluntary delistings are a recognition that Chinese state firms will be unable to provide US regulators full access to their audit records as required.
January 18, 2023The IEEFA's Christina Ng says China's state-owned enterprises continue to allocate up to half of their green bond proceeds to non-green projects.
December 1, 2022The Shanghai Stock Exchange and China Reform Holdings will develop stock indexes of enterprises owned by the government.
September 20, 2022Shanghai Environment Energy Exchange approved 8 carbon neutral ETFs, and NAFMII recently launched China’s first batch of interbank transition bonds.
July 4, 2022China's National Audit Office, the CBIRC and other authorities have reportedly asked SOEs and banks to report on their exposures to Ant, its subsidiaries and its shareholders.
February 23, 2022Defaults by Chinese SOEs will increase in 2022, but Chinese authorities will intervene in situations with potential spillover risks.
November 23, 2021Companies will no longer be required to engage a rating agency and obtain a credit rating before they issue bonds for sale on the public market.
March 4, 2021Challenges assessing the credit quality of underlying corporates in China's onshore bond market has been one of the key barriers for foreign investors, ICMA says in a new report.
January 19, 2021ICBC, China Development Bank, Great Wall, and Postal Savings Bank and a number of their subsidiaries were penalised almost 200mn yuan for various regulatory violations.
January 11, 2021