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03.14.18China Levies Record $870 Million Fine for Stock Manipulation
Bloomberg
China slapped a logistics company with fines totaling 5.5 billion yuan ($870 million) for manipulating the stock market, the biggest ever punishment for such an infringement.
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02.13.18How China Is Getting Serious About Financial Risk
Bloomberg
Chinese leaders pledged to make controlling financial risk a top priority. Their challenge is to do so without derailing the economy.
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02.05.18China to Stamp out Cryptocurrency Trading Completely with Ban on Foreign Platforms
South China Morning Post
Offshore platforms targeted after recent efforts to shut down domestic exchanges failed to eradicate trading.
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01.24.18China Stocks at Risk of Outpacing Fundamentals
Financial Times
As the Chinese stock market’s disastrous 2015 boom-and-bust fades from memory, investors are in a mood to buy. Chinese stocks both on the mainland and in Hong Kong outperformed the S&P 500 last year, as economic growth accelerated for the...
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11.21.17China to Fend off Bubble Risk with Tighter Property Rules
CNBC
The authorities said they would stop funds being illegally funneled into property and that capital flow would be more forcibly balanced between real estate and other industries.
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10.16.17In China, Trading Begins on WeChat
Bloomberg
Regulators elsewhere may be clamping down on the financial industry’s use of private messaging apps, but in the world’s second-largest economy the practice is flourishing.
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10.02.17China Steps up Battle Against Runaway Property Prices
Financial Times
Chinese banking regulators have told lenders to crack down on the use of consumer loans to finance home purchases, the latest effort to cool down the overheated property market and rein in financial risk.
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09.11.17China to Shut Bitcoin Exchanges
Wall Street Journal
Chinese authorities are ordering domestic bitcoin exchanges to shut down, delivering a heavy blow to once-thriving trading hubs that helped popularize the virtual currency pushing it to recent record highs.
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08.08.17China’s Crackdown on Money Fleeing the Country Looks Like It’s Working
CNBC
China’s giant cash pile is increasing—and it’s a sign that the government’s industry-spanning crackdown on money fleeing the country is working.
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08.02.17U.S. Cinema Chain AMC's Shares Plummet 25% on Profit Warning in Latest Setback to China's Wanda Group
South China Morning Post
Troubled Chinese real estate conglomerate Dalian Wanda Group has received another setback after shares of its U.S. cinema subsidiary, AMC Entertainment Holdings, plummeted 25 percent on Tuesday after it issued a profit warning for the second quarter.
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08.01.17Debt-Ridden Chinese Giant Now a Shadow of Its Former Size
New York Times
The Han Show here in central China was supposed to turn the city of Wuhan into a leading tourist destination, with a dazzling spectacle of lights, water jets and acrobats by the former creative director of Cirque du Soleil. But the custom-built 2,...
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07.25.17Why Ponzi Schemes Are Thriving in China Despite Crackdowns
South China Morning Post
The financial naivety of the public and a collective desire for unfeasibly high returns have helped fuel the proliferation of fraudulent investment schemes in China, according to an academic.
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07.12.17Apple Opens Data Center in China to Comply With Cybersecurity Law
New York Times
Apple has set up its first data center in China, setting the tone for how foreign companies will handle a strict new law requiring them to store Chinese users’ information in the country.
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02.24.17China’s New Banking Regulator Chief Faces Daunting Challenges
Bloomberg
China has appointed Guo Shuqing as the new head of the banking regulator, according to people familiar with the matter. Guo, 60, faces daunting tasks ahead as he takes on oversight of the world’s largest banking industry by assets.
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01.10.17China Probes Bitcoin Exchanges amid Capital Flight Fears
Financial Times
Investors in the cryptocurrency say they doubt it is being used to transfer large amounts of cash out of China.
Caixin Media
02.24.16
Regulators Leave Wealth Management Industry Unplugged
Financial market supervisors admit that gaping holes pockmark the regulatory fences they’ve built in recent years to control the wealth management industry and protect its investors.By occasionally introducing new rules and regulations, supervisors...
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09.01.15At 2 p.m. in China, the Stock Market Rescue Suddenly Switches On
Bloomberg
Afternoons in the Chinese stock market have turned into a waiting game for the state-backed funds to arrive.
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07.07.15As China’s Market Tanks, What Becomes of the Companies Hoping to List?
Wall Street Journal
As the market soared in China, nearly 20 Chinese companies whose shares trade in New York got bids to go private in management buyouts.
Caixin Media
01.27.15
China Boots Up an Internet Banking Industry
Premier Li Keqiang recently launched a new era for banking in China by ceremonially pressing the "confirm" button for a 35,000 yuan loan issued to a Shenzhen truck driver.Li's gesture on January 4 on behalf of Shenzhen Qianhai WeBank...
Caixin Media
12.22.14
Wild Stock Market Is Detrimental to Reform Efforts
Chinese leaders' pledge to strengthen risk control at last week's Central Economic Work Conference could not be more timely, given the frenzied exuberance in the stock market.In a statement released after three days of meetings, the...
Caixin Media
11.17.14
Visa and MasterCard Confront China’s Stacked Deck
Visa and MasterCard executives eager to expand in China were thrilled recently when Premier Li Keqiang seemed to suggest that a door would open to them for bank card yuan business in the country.But they had read Li wrong: The premier's...
Caixin Media
01.08.14
How Shanghai’s Free Trade Zone Works
At a conference table surrounded by bookshelves in his Shanghai office, the city’s party boss Han Zheng recently polished the image of a commercial crown jewel—the China (Shanghai) Pilot Free Trade Zone—during an exclusive interview with Caixin.Han...
Caixin Media
06.18.13Will Bond Market Tidying Trigger Clean Sweep?
China’s financial regulators are rewriting rules for the interbank bond market after criminal investigations early this year led to the arrests of several well-known bond traders and exposed serious flaws in the market’s supervision system.The...