China’scentralbankhaslaunchedatwo-month-longexaminationintoonlineassetmanagers,Beijing’slateststeptocurbfinancialriskinthe15-trillion-dollarassetmanagementindus
China'sinsuranceregulatorreleasednewregulationsonThursdayforassetliabilitymanagementinthesector,decidingtotestthenewrulesforoneyearinalateststeptopreventasset-l
Chinamayunveilnewassetmanagementrulessoonbasedonstatementsfromthecentralbankearlierthismonth,analystssaid.ThePeople'sBankofChina,thecountry'scentralbank,saidonF
Risingdemandforwealthmanagementtoolsfromindividualandinstitutionalinvestorsalike,andexpandingfinancingchannelsforenterprises,willmakeChina'sassetmanagementsegme
Asset managers will be levied with a new 3 percent value-added tax (VAT) for returns on assets under management from January 1 2018, instead of the previously noticed 6 percent rate from July 1, 2017.
Assetmanagerswillbeleviedwithanew3percentvalue-addedtax(VAT)forreturnsonassetsundermanagementfromJanuary12018,insteadofthepreviouslynoticed6percentratefromJuly1
China's financial regulatory body has issued its first business license to a foreign asset management company, according to a press release from the company on Sept. 6.
The revised Risk Control Indicator Management Method of Securities Companies is about to be implemented. In addition, as external risk tends to be increasing, securities traders will downsize scale of non-active private asset management plan targeting non-standard debt asset.
The revised Risk Control Indicator Management Method of Securities Companies is about to be implemented. In addition, as external risk tends to be increasing, securities traders will downsize scale of non-active private asset management plan targeting non-standard debt asset.
It never rains but it pours. The stock price of China Vanke Co., Ltd suffers consecutive plunge, while nine asset management plans under Baoneng Group are on the verge of being closed out. Vanke requests the regulators to check the suspected violations of laws conducted by nine asset management plans under Baoneng.
The Milan stock exchange fell almost 4 percent on Thursday after the European Central Bank (ECB) launched a new asset purchase plan and warned of the risks of modest growth and inflation in the eurozone.
China will start a pilot reform of data collection relating to fixed asset investment in 2013, so as to make local economic statistics more reliable, the China Business News reported Monday.
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