.png)
GC Asia
Latest regulation/policy news
-
China policy round-up: China keeps count on symptom-free infections, Mofcom restricts export of uncertified medical supplies
In this round-up, the Mainland is keeping a close eye on people who did not show any symptoms but still tested positive to Covid-19 and the country said medical supplies that do not meet domestic standards will not be exported.
03 Apr 2020 -
China details stimulus plan, plans targeted RRR cut
China’s State Council has unveiled details on yet another stimulus package to support its economy, including more local government bonds, lower interest for loans and a potential cut in the reserve requirement ratio for smaller banks.
01 Apr 2020 -
China changes tack on supervising securities firms
The China Securities Regulatory Commission (CSRC) has selected six domestic securities houses to be regulated on a consolidated basis. The move will grant these firms more flexibility in risk assessment and enable them to have a higher leverage ratio.
31 Mar 2020 -
The week in review: China revives special treasury bonds, PBoC cuts reverse repo rate, Safe releases financial data
In this round-up, China is ramping up measures to stimulate the economy including by issuing special treasury bonds, the central bank resumed open market operations and lowered the seven-day reverse repo rate, and the foreign exchange regulator has released some key data points.
30 Mar 2020 -
China policy round-up: China bans foreigners but lifts Hubei lockdown, AMCs get more oversight, provinces roll out measures to boost consumption
In this round-up, China will block foreigners from entering the country starting Saturday, residents of Hubei are allowed to leave the province after two months of being under lockdown and the China Banking and Insurance Regulatory Commission is setting up a holding company to manage state-owned asset management companies.
27 Mar 2020 -
Chinese regulators downplay Covid-19’s financial impact
The top officials at various Chinese regulatory bodies made efforts over the weekend to calm nerves on default risks and fleeing foreign capital as they tame the spread of the Covid-19 coronavirus within the country.
23 Mar 2020 -
CSRC gives more clarity to Star board IPO hopefuls
The China Securities Regulatory Commission (CSRC) has shed some light on the kinds of companies that are eligible to list on the Star board, solving part of a problem that has long puzzled potential IPO candidates.
23 Mar 2020 -
The week in review: Covid-19 fatalities approach 15,000, Wuhan lifts travel ban, NDB approves Rmb7bn loan to China
In this round-up, countries around the world have confirmed 14,641 deaths from Covid-19 infections, the coronavirus epicentre of Wuhan is gradually loosening its lockdown, and the New Development Bank is giving China its largest loan.
23 Mar 2020 -
The week in review: Covid-19 cases exceed 100,000, China trade data disappoints, onshore property sales slump
In this round-up, the number of confirmed cases of the novel coronavirus (Covid-19) infections has surpassed the 100,000 mark, both China’s import and export volumes declined year-on-year for January and February, and property developers suffered huge drops in contracted sales last month.
09 Mar 2020 -
China policy and markets round-up: Global Covid-19 cases on the rise, PBoC leaves rate unchanged after Fed’s cut, US curbs Chinese state media headcount
In this round-up, Covid-19 infections have spread across the world at an alarming speed, the Chinese central bank did not follow its US counterpart to lower interest rates, and the media row between the two countries has deepened.
06 Mar 2020
