China stocks rise as dismal GDP data raises stimulus hopes"The retail sales data is better than expectations, and I think the economy is on track for a recovery," said Linus Yip, chief strategist a...
15 Jul, 2022, 08.54 AM IST
Cross-border insolvency: MCA proposes exclusion of financial service providers; exempts pre-pack process for MSMEsThe ministry specified that such exclusion is in line with the IBC, where financial service providers are subject to a special insolvency p...
26 Nov, 2021, 01.43 PM IST
China encourages mainland insurers to sell catastrophe bonds in Hong KongMainland property and casualty insurance companies and reinsurance companies can set up special-purpose entities in Hong Kong to raise fund...
27 Sep, 2021, 01.03 PM IST
China bars banks from selling commodities-linked products to retail buyers: SourcesThe China Banking and Insurance Regulatory Commission's (CBIRC's) order to exit these products has not been reported before. It issued the ...
26 May, 2021, 02.19 PM IST
Inside the race to avert disaster at China’s biggest ‘bad bank’, the Huarong Asset Management CoHuarong Asset Management Co has been in full crisis mode ever since it delayed its 2020 earnings results, eroding investor confidence. Exec...
24 May, 2021, 11.57 AM IST
Ant Group explores ways for Jack Ma to exit as China piles on pressureOfficials from People's Bank of China (PBOC), and the country's financial regulator held between January and March talks with Jack Ma and A...
19 Apr, 2021, 09.44 AM IST
China's Ant explores ways for Jack Ma to exit as Beijing piles pressure: SourcesAnt denied that a divestment of Ma's stake was ever under consideration. "Divestment of Mr. Ma's stake in Ant Group has never been the subj...
17 Apr, 2021, 06.09 PM IST
IMF lifts China's GDP to 8.4 %, but Gita Gopinath says growth unbalancedThe International Monetary Fund also urged China to address its high corporate debt levels resulting from the easy monetary policy put in p...
07 Apr, 2021, 07.15 PM IST
Chinese banks dispose of $467 billion soured assets in 2020, pressure remainsThe non-performing loan ratio of the banking sector was 1.92% at the end of 2020, the Banking and Insurance Regulatory Commission (CBIRC) s...
22 Jan, 2021, 03.22 PM IST
China asks all internet platforms to investigate fintech operationsChina's Banking and Insurance Regulatory Commission (CBIRC) urged platforms conducting online micro-lending, insurance, wealth management a...
31 Dec, 2020, 05.40 PM IST
China raises equity investment cap for insurers to 45%Investments will be capped at 10% of the total share capital of any single listed company, the regulator added.
19 Jul, 2020, 12.00 PM IST
China frees up $56 bln for virus-hit economy by slashing small banks' reserve requirementsThe latest stimulus move comes as the world's second-largest economy looks likely to shrink for the first time in 30 years and hopes for a ...
03 Apr, 2020, 04.26 PM IST
China orders disinfection of banknotes in coronavirus fight: ReportChina has told lenders to disinfect and store banknotes in a dry area for 7 days, as part of the battle to contain the contagious coronavir...
26 Feb, 2020, 11.49 AM IST
China vows financial stability with markets bracing for selloffChina is in a multi-year effort to contain growth in shadow banking.
02 Feb, 2020, 01.19 PM IST
China regulator urges Beijing banks not to force liquidation of pledged shares: YicaiCBIRC has also encouraged banks to further increase lending to listed companies.
27 Oct, 2018, 11.33 AM IST