FINANCE & ECONOMICS

New Stakeholders for CITIC Securities Shake-Up
The securities firm's largest shareholder, CITIC Limited, has slashed its stake, setting the stage for a long-sought overseas expansion
By staff reporters Li Qing, Liu Caiping and Hong Kong correspondent Wang Duan 06.26.2015
Bourse Bounces Back after Gov't Unveils Supporting Measures

Bourse Bounces Back after Gov't Unveils Supporting Measures

Shanghai index closes up 5.53 percent on June 30, ending weeks-long decline

06.30.2015
Closer Look: Margin Trading Is New Wrinkle for Wobbly Bourse

Closer Look: Margin Trading Is New Wrinkle for Wobbly Bourse

The A-share market has been tested before, but this time heavy borrowing ignored by regulators for too long is complicating matters

06.29.2015
China Said to Likely Enjoy Veto Power over AIIB's Big Decisions

China Said to Likely Enjoy Veto Power over AIIB's Big Decisions

The privilege would come with 26 percent of investment institution's voting rights, person with knowledge of the matter says

06.26.2015
New Stakeholders for CITIC Securities Shake-Up

New Stakeholders for CITIC Securities Shake-Up

The securities firm's largest shareholder, CITIC Limited, has slashed its stake, setting the stage for a long-sought overseas expansion

06.26.2015
Legal Change by State Council Would End Cap on Banks' Lending

Legal Change by State Council Would End Cap on Banks' Lending

Loan levels would no longer be limited to three-quarters of deposits if legislature approves amendment approved by cabinet

06.25.2015
Financial Securities Official Snared in Corruption Probe

Financial Securities Official Snared in Corruption Probe

Anti-corruption crusade expands in finance sector with investigation on share issuance regulator for abuse of power

06.22.2015
UnionPay Signs Deal to Bring Mobile Payment Services to HK, Macao

UnionPay Signs Deal to Bring Mobile Payment Services to HK, Macao

Bankcard giant hopes first overseas investment lets it expand use of its system for smartphone payment

06.17.2015
Ant Financial Gets Approval to Open Equity Crowdfunding Company

Ant Financial Gets Approval to Open Equity Crowdfunding Company

Alibaba's financial arm can open company selling shares in startups to small investors, but is still waiting for regulator to publish rules on industry

06.12.2015
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