China to allow more insurance funds into stock market
2007-07-17 17:13:18
China will allow insurance companies to double the proportion of assets they may hold in domestic stock markets in a plan that is expected to be announced today.
Central bank steps up anti-graft drive
2007-07-17 16:47:45
The central bank has said it will strengthen anti-money laundering measures in its bid to fight corruption,central bank chief said at a televised conference on Friday.
Central bank drains funds with special bills
2007-07-16 12:54:54
China's central bank said on Friday it had issued 101 billion yuan in three-year bills in a special issue as the government ups its battle against excess liquidity in the system.
More players in interbank lending
2007-07-10 09:07:42
The central bank yesterday issued new rules on interbank lending, expanding the types of financial institutions allowed in this market.
China allows trusts, insurers into interbank market
2007-07-09 16:59:37
China will allow trust companies, financial leasing firms and insurers to borrow from each other for the first time, as it seeks to develop an interbank market.
Listed firms must unveil non-public issuance details
2007-07-09 09:03:17
China's stock regulator has ordered listed firms to adopt price consultation procedures during their private placements to boost transparency of non-public equity sales.
Regulators restrict state sales of stocks
2007-07-09 08:41:50
State shareholders of listed companies can dispose of no more than 5 percent of their total holdings in any period of three consecutive accounting years, the regulators said Friday.
Cabinet appoints new financial officials
2007-07-06 13:03:18
Several new officials of financial institutions are named by the central government yesterday.
Monetary tightening on tap
2007-07-04 09:09:34
China's central bank said yesterday that it will "moderately" tighten monetary policy to control investment and lending and prevent the economy from overheating this year.
Banks urged to curb stock loans
2007-07-03 09:05:57
The banking regulator has ordered small and medium-sized banks to rein in lending and step up their oversight of credit flows to prevent borrowed funds from entering the heated property and stock sectors.
Listed companies must disclose securities investments
2007-07-03 08:25:49
Listed companies must disclose their information on stocks they hold in other listed companies and stakes they have in non-listed financial companies and companies planning to go public.
Lawmakers pass bill on interest tax slash
2007-06-29 15:41:42
China's top legislature Friday passed proposals on authorizing the State Council to reduce or cancel tax on interest and proposals on a massive sale of special T-bonds.