01/19/2016
According to Red Pulse, an event-driven research firm in Shanghai covering market events impacting Chinese companies, a source has said that new investment companies might be banned from registering in Beijing.
01/19/2016
China's central bank said on Monday it will start implementing a reserve requirement ratio (RRR) on offshore banks' domestic deposits, in what appears to be its latest attempt to stem speculation in the yuan and manage money flowing in and out o
01/18/2016
By forcing banks offshore to hold more yuan in reserve, it would reduce the amount of the currency available in the market, squeezing supply further and making it more difficult and expensive for speculators.
01/18/2016
The defendant did not invest the money into secure investments as directed but instead, fraudulently redirected the funds, through a number of different accounts, to a personal trading account held by him with another organisation.