By Julie Zhu (Reuters) -State-owned China International Capital Corp (CICC) is set to merge with its peer China Galaxy Securities, said five sources, in a deal that would create the country’s third-largest brokerage with $193 billion in assets.
The China Securities Regulatory Commission plans to enforce stricter oversight on small Chinese companies listing in the U.S. to curb price-rigging practices, which have resulted in significant losses for American investors.
CSRC chairman Wu Qing emphasises role of capital markets in fundraising and how they can be leveraged to boost the economy.
China's securities regulator has clamped down on small homegrown companies listing on U.S. stock exchanges after many of them became vehicles for price-rigging, causing heavy losses for U.S. investors,
A record number of Chinese firms got listed on US stock exchanges in 2024. Public records show 61 Chinese firms floated their stocks on US exchanges last year, considerably up from 37 in 2023
BEIJING, Feb. 21 (Xinhua) -- The China Securities Regulatory Commission (CSRC), the country's top securities regulator, on Friday reaffirmed its zero-tolerance towards illegal operations in the capital market, and pledged to continue strengthening law enforcement to promote the healthy development of the sector.
A number of cases were publicized by the SPP during a press conference held in collaboration with the China Securities Regulatory Commission. These cases address critical issues such as financial fraud, fraudulent issuance, improper disclosures ...
Chinese News Network issued a press release here on Thursday to applaud the successful convening of the first Project Cooperation Summit of Guolian Minsheng Securities, saying the event symbolized a new model for the innovation of Chinese financial market.
Beijing’s securities regulator concerned about US IPOs of companies with small capitalisation and weak fundamentals
China's securities regulator is tightening control over U.S. listings of small homegrown companies, citing concerns over market manipulation and significant losses for U.S. investors, following reports of price-rigging practices.
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