China will for the first time expel a company from its stock market for fraud in initial public offering (IPO) as authorities move to toughen regulation.
Data of the Shanghai-Hong Kong Stock Connect shows that the southbound trade of mainland capital speeds up in recent period with red-chip stocks including Chinese financial stocks frequently bought.
Beijing says it wants to allow market forces to dictate stock prices but refuses to give up control when trading goes against policy, experts say.
The PBOC on June 27 issued China Financial Stability Report 2016, which introduced high-frequency trading in special column. The report pointed out that high-frequency trading and program trading were criticized during the stock market tumble in 2015.
China will take measures to keep its domestic financial market stable and avoid wild fluctuations, Chinese Premier Li Keqiang said Tuesday.
China Securities Regulatory Commission (CSRC), the securities watchdog, signed a memorandum of understanding (MOU) with the Russian central bank on Monday.
South Korean President Park Geun-hye on Monday ordered her senior advisors to make all-out efforts to minimize possible negative effects from Brexit, or British exit from the European Union (EU).
China's central bank on Monday pumped 100 billion yuan (15.12 billion U.S. dollars) into the market to provide liquidity.
Wu Zhendong sees himself as something of a wine buff. The 25-year-old lawyer from China's western city of Chengdu is a member of his local wine club, likes to drink Chateauneuf-du-Pape - and now, like many of his peers, buys most of his wine online.
With a referendum for Britain's future in the 28-member European Union around the corner, Asia-Pacific economists are bracing for a possible Brexit and its implications.
Hong Kong’s stock market’s recent volatile run has seen it edging close to bear territory, triggered by uncertainties over mainland China’s economic growth and the state of the global economy.
Acquisition meant to bolster product line that is weak in its markets
Global equity indexes provider MSCI announced Tuesday that it will delay including China A-shares in the MSCI Emerging Markets (EM) Index.
Global equity indexes provider MSCI took a discreet stance, again, by announcing on Wednesday that it would delay the inclusion of Shanghai- and Shenzhen-listed stocks, or A-shares, on to its emerging market index.
China plans to speed up establishing a social record-keeping system, according to a recent guideline published by the State Council.
China on Tuesday officially ended the longstanding monopoly held by its home-bred champion UnionPay over the Chinese bank card market and announced that its enormous credit card clearing market is open for competition to domestic and foreign players.
Myanmar authorities plan to shut down a notorious border town where exotic animal parts are sold openly, an official said on Tuesday, as Southeast Asia struggles to stem a billion-dollar wildlife trade fuelled by Chinese demand.