• China Banking Regulatory Commission bans irregular inflow of loans or wealth management funds into the property sector: FINTS
  • Jack Ma (founder of Alibaba), Pony Ma (Chairman of Tencent), Ma Mingzhe (Chairman of PingAn Insurance) and Xu Jiayin (Chairman of Evergrande) are planning to apply for brokerage license: NetEase Finance
  • About 1.01 billion lock-up shares from 24 companies will become tradable next week: FINTS
  • The “golden period” of China’s banking industry is over, says President of Agricultural Bank of China
  • AT&T will buy Time Warner for $107.50 per share, or $85.4 billion: FINTS
  • As of September, China’s financial institutions lent 25.33 trillion yuan to the property sector, up 25.2% YoY: PBoC
  • Giant Interactive will buy Israeli rival Playtika for 30.5 billion yuan, representing China’s second-largest overseas gaming acquisition this year: Xinhua
  • CRRC Corp, China’s largest rail transportation equipment maker, says it will launch R&D on a magnetic levitation train that can run 600 km per hour, faster than any other maglev train currently in operation: FINTS
  • China’s first molten salt solar thermal power plant starts to send electricity to the grid: Xinhua