China bans forex loan services, citing investor losses and risk levels akin to gambling.
Archived Post for "Insights"
China News Alert Issue 244
China hikes bank reserve ratio to 17.5%, aiming to tighten liquidity and stabilize the financial sector.
China News Alert Issue 243
China sets new rules for brokers in wealth management, aiming to boost sector growth and oversight.
China News Alert Issue 242
Shanghai Exchange limits trading halts to 30 days, boosting transparency in merger-related suspensions.
New Growth Enterprise Market Rules Come into Effect
Hong Kong Exchanges and Clearing Limited (HKEx) published its Consultation Conclusions on the Growth Enterprise Market (GEM) on 2 May 2008 which set out the amendments to the GEM Listing Rules which will be…
China News Alert Issue 241
Chinese banks offer billions in loans and donations to aid Sichuan’s earthquake recovery efforts.
China News Alert Issue 240
CSRC enforces 30-day buffer on incentives around major moves to deter improper management gains.
Hong Kong Depositary Receipt Framework to be Implemented
On 9 May 2008, the Stock Exchange of Hong Kong (the Exchange) published a new Chapter 19B to the Main Board Listing Rules which will allow issuers to list on the Main Board (but not the Growth Enterprise Market)…
China News Alert Issue 239
CSRC clears mainland fund managers to expand into Hong Kong under CEPA, with 60-day approval window.
China News Alert Issue 238
China slashes stamp tax to 0.1%, aiming to stabilize equities after 46% market drop since October.