The fintech giant's share price has slumped more than 84% since it filed for a blockbuster IPO — India’s largest — eroding $14.5 billion of investor wealth

Among other measures, the rules implement tougher licensing regulations and call for stronger protection of user information and payment accounts

Troubles at multiple Chinese shadow banks show how a faltering property sector is causing strain throughout the country's financial system

If approved, the new measures will apply specifically to auditors that have been hired by domestic firms or are conducting cross-border work

Beijing’s top anti-graft body said it was investigating Zhang Hongli, the former VP of the Industrial and Commercial Bank of China – the world’s biggest bank by assets

At a twice-a-decade financial policy meeting this week, Beijing vowed to uphold the centralised and unified leadership of the CCP on China's financial work

Liu Liange is the latest influential Chinese figure from the $57 trillion financial industry to face scrutiny amid Xi Jinping’s signature anti-graft campaign

The pledge comes amid Chinese president Xi Jinping's increased focus on national security risks within the party, government, and large industries

The announcement came a day after the group was fined $984 million in what is likely to be the end of a years-long regulatory crackdown on the once storied Chinese company

With weakening growth and youth unemployment hitting a record high, Beijing's push for wealth equality and crackdown on corruption has China's financial sector worried

The US banking giant's pledge comes even as most foreign businesses have remained reluctant to commit to growing their China business amid increasing Sino-US tensions

This is the first time China Renaissance Holdings has given a reason for the disappearance of its founder and star dealmaker