Tag: CBRC

FINTS Morning Brief (12 September 2016)

Liu Shiyu, Chairman of the China Securities Regulatory Commission, said at the 7th Shanghai Stock Exchange Member General Assembly that 1) “no systematic risk” is the bottom line to be held; 2) “protecting the legitimate…


CBRC STRENGTHENS EFFORTS TO REIN IN FINANCIAL RISK

The China Banking Regulatory Commission (CBRC) declined requests from the country’s largest banks to relax rules on bad-loan provisions, following a separate move to curb the shadow banking sector (see article: CHINESE STOCKS SINK AS…


FINTS MORNING BRIEF (29 JULY 2016)

The State Council dispatches seven steering teams composed by officials from ministries and commissions to seven municipalities and provinces on a mission of promoting The China Banking Regulatory Commission says it is working on management…


CHINESE STOCKS SINK AS FEARS OF WEALTH-MANAGEMENT CURB

Chinese shares plunged Wednesday, with a gauge of smaller companies diving 5.5% as domestic media reported that the China Banking Regulatory Commission (CBRC) is to tighten restrictions on wealth-management products (WMPs). By the close, the…


FINTS MORNING BRIEF (16 Jun 2016)

The Federal Reserve is keeping interest rates unchanged in light of an uncertain job market, while offering no specifics about when its next rate hike might occur Shanghai Disneyland officially open to the public today…