• Wednesday
  • October 1, 2014
  • Last updated: 8:38pm
Hong Kong




Search Results

Results 1 - 10 of 148 for csrc

Related topics matching your search

Search results

  1. CSRC moves to prop up sluggish market

    Posted Nov 16th 2007, 12:00am by Staff Reporter

    ... into open-ended products that could raise additional billions of yuan, analysts said. The move reverses a temporary halt in September by the China Securities Regulatory Commission (CSRC) to approve new ... an estimated 80 billion yuan, the 21st Century Business Herald reported. Analysts said the CSRC was sending a message to investors that the correction would be short-lived and the long-term outlook ...

  2. PetroChina closer to offer as CSRC prepares to review share sale

    Posted Sep 21st 2007, 12:00am by Staff Reporter

    ... yesterday it would review the share sale on Monday. The CSRC announcement comes after United States billionaire William Buffett trimmed the PetroChina stake held by his firm for the third time ... on their mainland debut after the shares were priced at an 11.3 per cent discount, while China Life Insurance's shares soared 106 per cent after being priced at a 22.3 per cent discount. The CSRC has ...

  3. CSRC will open doors to admit foreign bourses

    Posted May 22nd 2007, 12:00am by Enoch Yiu

    ... pressure on Hong Kong Exchanges and Clearing which in 2003 became the sole exchange to set up an office in Beijing. An exchange spokesperson said Hong Kong would follow all CSRC rules but believed that the new announcement would not have a big impact on its operations. The new rule posted on the CSRC's website yesterday said all overseas exchanges could from July 1 apply to set up ...

  4. CSRC caps new funds to cool demand

    Posted Nov 06th 2007, 12:00am by Staff Reporter

    ... be subscribed to on any single day,' a CSRC official was quoted as saying. The mainland's 341 mutual funds had a combined net asset value of 3.31 trillion yuan at the end of October, an almost fourfold increase this year, Xinhua said. No new funds have been sold since September. Mainland investors are snapping up mutual fund products after the CSRC allowed fund houses to package them ...

  5. CSRC blocks Microsoft deal with Changhong

    Posted Dec 29th 2007, 12:00am by Staff Reporter

    ... as it was banned on the CSRC level. Owing to the long progress to secure official approval, the market price has been rising since the deal was announced.' A Changhong spokesman declined to comment on the CSRC's decision and CSRC officials could not be reached for comment. Market watchers say the Goldman deals were also rejected because the issue prices were too low to reflect the market valuation ...

  6. CSRC eases rules to help firms return for home listings

    Posted Feb 10th 2007, 12:00am by Staff Reporter

    ... the regulator had been slowing approvals for mainland companies selling shares overseas. The CSRC yesterday said that it would further improve procedures for dual listing in the mainland and Hong Kong market. Industrial and Commercial Bank of China listed shares simultaneously in the two markets last year while China Citic Bank also has similar plans this year. The CSRC would also gradually ...

  7. CSRC hits Goldman with language rules

    Posted Jul 13th 2007, 12:00am by Staff Reporter

    ... and the heads of supervisory boards at locally incorporated securities firms, according to the CSRC. The test includes both written and verbal components. The CSRC has stepped up enforcement since ... years, declined to comment, as did Goldman spokesman Edward Naylor. The CSRC did not respond to faxed questions. ...

  8. Corporate bonds to move under CSRC's watch in draft guidelines

    Posted Jun 14th 2007, 12:00am by Staff Reporter

    ... the proposed new rules, the CSRC would have to decide on an application within five days of submission, and companies would not be limited as it is now to raising funds for fixed-asset investments ... before the end of the year. 'There is no power struggle between the NDRC and the CSRC,' he said. ...

  9. CSRC fines Zhejiang Hangxiao Steel

    Posted May 14th 2007, 12:00am by Carol Chan

    ... members received warnings and fines of 100,000 yuan each. Hangxiao late last month said it received the notification of the CSRC's disciplinary decision on April 27, charging the company ... was untimely, inaccurate and incomplete,' the CSRC said. The Shanghai Stock Exchange on Friday also issued a reprimand to the chairman and president of Hangxiao over the same matter. Hangxiao ...

  10. CSRC to increase supply of freely traded shares

    Posted Oct 12th 2007, 12:00am by Staff Reporter

    ... predict the market will break the 6,000 point level today amid strong buying interest. In another effort to mop up liquidity, the CSRC has been bringing back major Hong Kong-listed mainland ...




SCMP.com Account