SAFE proposes new forex derivatives to help companies manage risks
The RMB has been on an extended period of appreciation against the dollar and reached a six-year high in November. Regulators are increasingly worried that…
Highlights of PBoC’s third-quarter monetary policy report
The priorities laid out above will be familiar to close observers of China’s economic policymakers. The PBoC has avoided…
Financial regulators study 6th Plenum and Xi’s speech
Apart from formally ushering in the New Era of Xi Jinping, the 6th Plenum nailed down on paper what has been evident for some time…
Shenzhen opens securities arbitration center
On November 1, China (Shenzhen) Securities Arbitration Center opened in Shenzhen, the first of its kind in China…
NAFMII launches pilot program for overseas entities to issue social and sustainability bonds
This pilot program kills several birds with one stone – it further opens up…
PBoC, HKMA announce joint fintech sandbox
As financial connectivity within the GBA gradually picks up steam, Hong Kong…
CBIRC authorizes insurance funds to invest in REITS
In recent months, the CBIRC has gradually expanded the range of products eligible for investment by insurance funds to channel…
Beijing Stock Exchange opens for trading
It’s difficult to read too much into the first few days of the BSE’s operations. Which types of companies end up listing on the exchange over the next few months – and how they perform – will tell us a lot about where the BSE is headed…
Consolidation of banking sector continues as Henan lender leads another provincial merger
China’s regional commercial banks and rural lenders have been a source of endless problems for regulators…
PBoC, SAFE issue draft of plans to develop offshore international trade
This draft notice underlines Beijing’s desire to establish more of this type of cross-border administrative and financial business within mainland China to push the country up the trade value chain…
CBIRC releases annual corporate governance assessments for banks and insurers
Since China’s financial de-risking campaign began around five years ago, policymakers and regulators have increasingly focused on improving corporate governance…
CBIRC steps up supervision of online personal insurance sector
Expanding insurance coverage among underserved sectors of the population is a key strategic imperative for policymakers…
PBoC unveils monetary policy tool to support carbon emissions reduction
The CERF has been designed to make sure that lenders aren’t getting a free lunch from the central bank. The PBoC is limiting its support to…
CSRC bans brokerages from using influencers, livestreaming for marketing financial products
This notice is a clarification and reiteration of regulations that are already on the books and seeks to close a few loopholes that are being exploited by…
FTSE Russell World Government Bond Index starts phased inclusion of Chinese government bonds
CGBs have long been an attractive asset for foreign investors partly because of the wide interest-rate differential between them and US Treasuries and expectations for yuan appreciation…
China to extend tax incentive policies for overseas bond investors
Beijing has worked hard to attract overseas investment into the mainland bond markets…
Guangdong issues measures for QDLP outbound investment program
These measures lay the groundwork for launching QDLP in Guangdong province…
CSRC appoints new deputy chairman
Wang is a CSRC veteran, having worked for the securities regulator in various roles for 19 years…
China and EU unveil common green finance taxonomy
Achieving China’s climate goals will require significant capital allocation. Although there is already widespread recognition of this, there are key challenges to…
China finalizes TLAC regulations for its global systemically important banks
These measures have been in the works for some time. China’s grace period for complying with the FSB’s standards for G-SIBs comes to an end in…