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Results 1 - 10 of 59 for china banking regulatory commission

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  1. Business - Banking & Finance - BANKING

    Agricultural Bank, BOC to raise up to US$29b worth of preference shares

    Posted Aug 15th 2014, 09:41am by Toh Han Shih, DON WEINLAND

    ... of China and Bank of China have been cleared to raise up to US$29 billion worth of preferred stock in a sector-wide push to meet international capital-adequacy requirements. The China Banking Regulatory Commission approved BOC to issue 600 million onshore preferred shares worth up to 60 billion yuan (HK$75.6 billion) as well as US$6.5 billion worth of preferred shares in an offshore ...

  2. Sinoma secures CSRC nod for 2.5b yuan bonds

    Posted Jul 28th 2009, 12:00am by Toh Han Shih

    ... main bond markets, one regulated by the CSRC, an interbank bond market regulated by the People's Bank of China and a third regulated by the National Development and Reform Commission ... Securities Regulatory Commission (CSRC) approval. Sinoma said the plan to list the seven-year corporate bonds on the Shanghai Stock Exchange was approved by the securities watchdog on July 23. ...

  3. Courts freeze Kelon chief's assets

    Posted Aug 05th 2005, 12:00am by Toh Han Shih

    ... that 41.9 million shares, or a 29.84 per cent stake, would be bought in Xiangyang Automobile. The plan failed to gain approval from the China Securities Regulatory Commission, according ... Toh Han Shih Chinese banks have enlisted the aid of mainland courts to seize assets belonging to Gu Chujun, the detained chairman of the nation's biggest refrigerator maker, Guangdong ...

  4. Former chairman sells Kelon stake

    Posted Sep 12th 2005, 12:00am by Toh Han Shih

    ... reluctant to lend to the troubled company after news surfaced it was being investigated by the China Securities Regulatory Commission, the company said. Kelon's interim management has hired ... a smooth approval. Shanghai-listed Hisense signed an agreement with Mr Gu on Friday to acquire the 26.43 per cent controlling stake in China's biggest refrigerator maker for 900 million yuan, ...

  5. Kelon warns scandals will wipe 20pc off sales

    Posted Oct 18th 2005, 12:00am by Toh Han Shih

    ... would rise to 2.5 million units next year from 1.7 million units this year, Mr Lin said. Kelon's investigation by the China Securities Regulatory Commission earlier this year led ... for next year, sharply higher than the trading firm's purchase of nearly US$40 million worth of appliances this year. A few days ago, China Merchants Bank extended a 130 million yuan loan ...

  6. China's refrigerator makers face the big chill

    Posted May 30th 2005, 12:00am by Toh Han Shih

    ... an investigation by the China Securities Regulatory Commission (CSRC) found that Kelon had advanced 1.2 billion yuan to former controlling shareholder Rongsheng Group through a series of undisclosed ... Ivan Chung, managing director of Xinhua Far East China Ratings, a mainland credit rating agency. 'In good days, a firm can mask its problems by getting additional bank loans. When ...

  7. Business - China Business - CORRUPTION

    Beijing action on CNPC may spur foreign probes

    Posted Aug 31st 2013, 12:00am by Toh Han Shih

    ... of discipline. CNPC's subsidiary, PetroChina, is listed in New York, rendering both companies vulnerable to investigation by the Department of Justice and the Securi- ties and Exchange Commission ... it could use anti-money laundering laws to investigate, Roules said. Even if the bribes were paid in China, if the recipient deposited the money in a US bank or cleared it through a US bank ...

  8. Court order freezes Kelon stake in firm

    Posted Jul 20th 2005, 12:00am by Toh Han Shih

    ... difficulties.' On July 13, Kelon warned of substantial losses due to a drop of more than 50 per cent in sales in the first half. Kelon is under investigation by the China Securities Regulatory Commission ... Electrical Holdings, which is facing legal action by suppliers for non-payment. Kelon, China's biggest refrigerator maker, said yesterday it had received the order from the Intermediate ...

  9. Regulators look into suspicious trade in Kelon shares

    Posted Aug 10th 2005, 12:00am by Jane Moir, Toh Han Shih

    ... to sources. The Securities and Futures Commission is looking at the period in the run-up to Kelon's suspension from trading on June 16. News of a China Securities Regulatory Commission ... yesterday that Industrial and Commercial Bank of China (ICBC) transferred 68.67 million legal-person Kelon shares, or a 6.92 per cent stake in the firm, to China Huarong Asset Management Corp. ...

  10. Business - China Business

    Qualcomm probe raises risk of doing mainland China business

    Posted Dec 09th 2013, 04:50am by Toh Han Shih

    ... Development and Reform Commission launched an investigation into US wireless technology firm Qualcomm, warned Policy and Regulatory Report, a news service subsidiary of Mergermarket. The international ... by globally listed companies are hit by setbacks such as regulatory investigations, government opposition and litigation, according to Freshfields. "While deals which encounter problems in China ...




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