The Securities Association of China banned Central China Securities Co and Invesco Great Wall Fund Management Co from being involved in setting prices for initial public offerings for three months while another 34 firms got a warning, it said in a statement on its Website on Sunday.
The 36 institutions were penalized after they were found [...]
Start Date
23-MAR-09
End Date
23-MAR-09
Venue
City / State
Country
TBA
Shanghai/Shanghai
China
Event Profile:
TradeTech China is the largest China event specifically designed to tackle your equity trading challenges. Hear how industry leaders are planning to generate alpha as market structure changes, fragmentation of liquidity increases and exchanges continue to evolve.
Tags: brokers, China Exhibitions, china stock, china trade, Shanghai, Software
The People’s Insurance Co (Group) of China plans to wrap up its share-holding restructuring within this year to pave the way for a public listing probably next year, company sources said yesterday.
State-owned PICC will be transferred into a shareholding firm before listing the stock in Shanghai, the sources said, citing information from the insurer’s meeting [...]
China will allow foreign banks to trade corporate bonds in the interbank market for the first time, fulfilling a pledge made during talks with the U.S. in December, two people familiar with the matter said.
The approval applies to all foreign banks that meet regulators’ qualification rules, the people said, declining to be identified because details [...]
April 20 China Securities Regulatory Commission restricted disposals of previously non-tradable equities held by big investors in listed firms. Big shareholders who wanted to sell more than 1 percent of a listed firm’s total shares within a month had to use a block trading system, coming to specific arrangements with buyers on a deal-by-deal basis.
April [...]
Credit Suisse said yesterday it had won a business permit from China’s stock market regulator for its mainland joint venture with Founder Securities in a move to tap the country’s investment banking market.
The Swiss bank became the first overseas financial institution to obtain the operation license after China issued new rules over Sino-foreign stock ventures [...]
