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Central bank issues financial report

2007-05-31 06:41:39

China's financial market structure continued to improve last year, the central bank said.

China's securities industry to open up

2007-05-25 08:46:28

Vice-Premier Wu Yi and US Treasury Secretary Henry Paulson agreed to a series of opening up measures during the China-US Strategic Economic Dialogue.

CSRC fines company manager for insider trading

2007-05-24 11:17:56

The China Securities Regulatory Commission (CSRC) announced Wednesday it has fined a former company manager 200,000 yuan (US$26,130) in the latest case of insider trading.

New measures to fight against stock market violations

2007-05-23 16:42:05

China securities regulator Tuesday unveiled new rules to fight against the equity market manipulation and insider trading.

Ministry of Finance: No hike in securities stamp tax

2007-05-23 14:47:05

China will not raise the stamp tax for the stock exchange in a short term, said officials from the Ministry of Finance, refuting a rumor about a possible securities stamp tax hike.

Foreign exchanges allowed to set up rep offices

2007-05-21 08:57:58

The securities regulator announced yesterday that it will allow overseas stock exchanges to establish representative offices in the country from July 1.

China raises interest rates, bank reserve requirments

2007-05-18 19:17:13

China raised the one-year deposit and loan interest rates by 0.27 and 0.18 percentage points, respectively, to 3.06 and 6.57 percent as of May 19.

Futures investor protection fund to start functioning

2007-05-18 16:22:45

A new investor protection fund will start functioning on August 1, according to a release by the securities regulator.

Commercial banks to invest in foreign stocks

2007-05-14 08:33:32

Commercial banks will soon be able to invest in overseas stocks with funds managed on behalf of their clients.

Central bank issues bonds to curb excessive credit supply

2007-05-11 16:59:54

The People's Bank of China began on Friday to issue 101 billion yuan (US$12.9b) of central bank bonds earmarked for commercial banks.

Banks to hold more foreign currency reserves

2007-05-09 14:22:29

The central bank raised the amount of foreign currencies that lenders must keep as reserves, seeking to cool the world's fastest-growing major economy.

'There is still room' to raise reserve ratio

2007-05-08 10:39:36

There is still room to raise reserve requirements for banks after previous hikes failed to slow lending and inflation, the central bank governor has said.

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