Eight ways to transfer illegal assets overseas
2011-06-16 10:24:07
Corrupt officials and company executives in China transfer their assets overseas through at least eight channels, according to a report released on Monday by the Anti-Money Laundering Monitoring and Analysis Center set up by the People's Bank of China.
CSRC steps up effort to tackle insider trading
2011-06-16 09:49:10
The China Securities Regulatory Commission (CSRC) on Wednesday issued draft rules of a nationwide registration system for people with access to privileged information of listed companies.
Developers see increased foreign investment
2011-06-15 09:49:21
Foreign investors recorded the biggest increase among the various financing channels for Chinese property developers in the first five months of this year as they bet on better investment opportunities amid the country's tightening real estate policies.
Rules set for yuan FDI by end of year
2011-06-14 08:03:49
China will issue rules on yuan-denominated FDI into the mainland before the end of the year.
China Construction Bank to issue $12b bonds
2011-06-13 15:22:17
China Construction Bank plans to issue up to 80 billion yuan ($12.33 billion) in subordinated bonds with a duration of no less than five years.
Lunch with Warren Buffett sets new record
2011-06-13 14:54:10
The winning bidder's willingness to set a record for lunch with Warren Buffett is the latest proof of the glamour of the billionaire investor, as businesspeople are keen to boost their images by building connections with Buffett.
New lending shrinks to 551.6b yuan in May
2011-06-13 13:16:17
China's new bank lending, an important indicator of the monetary policy, shrank to 551.6 billion yuan in May.
400 village banks in operation by end of Q1
2011-06-13 11:16:26
China's rural financial institutions have mushroomed, with 400 village banks in operation as of the end of the first quarter of this year, the nation's banking regulator said Saturday.
More non-tradable shares to be unlocked
2011-06-13 10:46:24
About 2.04 billion non-tradable A-shares of 22 listed companies will be unlocked this week and become available for trading starting Monday, according to the Shanghai and Shenzhen stock exchanges.
More fund to be offered to SMEs
2011-06-11 09:50:57
While small and medium-sized enterprises (SMEs) are experiencing difficulty borrowing money from commercial banks, China Merchants Bank Co Ltd is cooperating with private-equity (PE) companies to help alleviate the problem.
CITIC Securities buys stake in brokerages
2011-06-11 09:47:54
China's largest listed brokerage Citic Securities Co Ltd will pay $374 million for a stake in Credit Agricole SA's CLSA and Cheuvreux brokerage brands, the latest push onto the global stage by China's emboldened financial sector.
Financial industry must develop
2011-06-11 09:23:06
China needs to further develop and open its financial industry to better facilitate the country's overseas investment, a former senior trade official said on Friday.
