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  • September 20, 2014
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Results 1 - 10 of 271 for chinese business

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  1. Business - China Business - REGULATION

    Chinese insurers fined 111m yuan over price fixing in car policies

    Posted Sep 03rd 2014, 10:19am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com China’s anti-monopoly regulator has slapped a fine of 111 million yuan (HK$139.86 million) to an insurance association and 23 property insurers in Zhejiang province for fixing prices on car insurance policies ...

  2. Property - International - REGULATION

    Curbs on funds transfer could hurt Chinese investment in overseas property

    Posted Jul 22nd 2014, 11:48am by Peggy Sito

    ... they said any reduction in purchases by mainlanders could only ease the tension with overseas countries that were increasingly concerned about the impact of the influx of Chinese capital. "The ... from mainland banks. They seldom need services from Hong Kong banks or mortgage consultancy services provided by developers. "I believe our business will be hit." However, the first ...

  3. Business - China Business - REGULATION

    China regulator takes aim at Lexus parts pricing policies

    Posted Sep 17th 2014, 05:39am by Reuters

    ... knowledge of the matter said. The questioning coincided with the first-ever punishments of foreign carmakers for price fixing this month, when fines were imposed on the Chinese venture of Volkswagen ... foreign officials and the business community that foreign firms are being targeted unfairly. According to three China-based Toyota executives, the National Development and Reform Commission ...

  4. Business - Money - REGULATION

    Mainland regulators cap end-month bank deposits to limit window-dressing

    Posted Sep 15th 2014, 09:53am by Reuters

    ... Reuters in Shanghai Mainland Chinese regulators have imposed measures to stop banks from collecting large amounts of deposits at the end of a month to flatter their financial position, ... of month approaches. Lenders that violate these and other new requirements will have part of their business suspended while serious violators will have their ratings downgraded, the regulators ...

  5. Business - Banking & Finance - REGULATION

    China to allow insurers to raise funds through preferred shares

    Posted Sep 20th 2014, 05:10am by Kwong Man-ki

    ... asked to give their feedback by September 24, the report said. Wang Xujin, a professor at the Beijing Technology and Business University, said the move would offer insurers more options to tap funds to support their growth. "Insurers are set to expand premium business under the support of the State Council. They will need funds to bolster solvency while growing ...

  6. Business - Banking & Finance - REGULATION

    Mainland regulator CSRC ousts one of its own for insider trading

    Posted Sep 20th 2014, 05:10am by Daniel Ren

    ... potential" could list would be scrapped, it said. The decision could fast-track IPO approvals for six securities firms hungry for fresh capital to bolster their businesses in asset management, margin ...

  7. Business - Banking & Finance - REGULATION

    Financial Reporting Council backs government plan to widen its oversight

    Posted Sep 19th 2014, 05:34am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com FRC supports proposal to widen its oversight The government-appointed Financial Reporting Council yesterday showed its support for a government proposal to expand its power over accountants in a bid to match international stan ...

  8. Property - Hong Kong & China - REGULATION

    Beating the bid-riggers: Angry homeowners use competition law to battle price-fixing

    Posted Sep 15th 2014, 04:43am by Benjamin Robertson, Elaine Yau

    ... out inspections and repairs every decade. Renovations for ageing buildings grew quickly into a hugely lucrative business, particularly for unscrupulous contractors and estate management ... are experienced at fighting investigations,” said Lam. The police and ICAC have helped prosecute bid-riggers in the past, but usually they see these complaints as just business disputes, he said. ...

  9. Business - Banking & Finance - REGULATION

    Anti-money laundering crackdown to shift onus to China banks

    Posted Sep 15th 2014, 04:40am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Mainland central bank set to require domestic lenders to flag more suspicious financial transactions as the anti-graft campaign develops Laundering crackdown to shift responsibility to banks Mainland regulators have gone ...

  10. Business - Companies - REGULATION

    China Oriental directors appeal against SFC ruling

    Posted Sep 10th 2014, 04:05am by Toh Han Shih

    ... said Raymond So Wai-man, a dean of the business school of Hang Seng Management College. The SFC did not respond to queries from the South China Morning Post. On September 1, the independent ... heads ArcelorMittal's business in China and India, disagreed with the actions of the independent directors, China Oriental's announcement said. In November last year, Han Jingyuan, ...




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