Senior CSRC official says China will implement its audit deal with the US and take more measures to open its markets, while putting Chinese firms' offshore listings in a uniform framework.
Most Asian markets slipped on Wednesday as investor worries about monetary tightening were inflamed by strong US jobs data. But stocks in Korea edged up slightly
E-commerce giants, plus Yum China and their auditors have been told they will be among the first companies whose books are inspected by PCAOB regulators in Hong Kong next month
Russian tourists have been using Chinese credit cards to withdraw cash from automatic teller machines in Finland since Covid border restrictions eased on July 1
US regulators were cautious about the deal signed with China on Friday, which will allow initial audits of US-listed Chinese firms in Hong Kong from mid-September
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
China’s homebuyers are refusing to pay mortgage loans and their “stop mortgage repayment” movement has spread to several Chinese provinces
Asian stocks fell in China, Japan, South Korea and India, but rose in Australia.
Nomura lowered its China economic growth forecast, citing dismal July activity data, the lingering impact of the pandemic, and the worst heatwave in six decades.
HKEX has suffered a notable decline in listings and trading at its two Hong Kong exchanges from both China's economic slowdown, plus lingering geopolitical tension.
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions