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  • July 14, 2014
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  1. Business - Economy - CHINA

    Inner Mongolian city lives on borrowed money

    Posted Jul 10th 2013, 12:00am by BLOOM

    ... and this was the "major underlying factor for us to cut China growth forecasts". China Banking Regulatory Commission chairman Shang Fulin said last month that most local debt was guaranteed with assets ...

  2. Finance star gets Shanghai post

    Posted Dec 26th 2007, 12:00am by Staff Reporter

    ... the Shanghai Stock Exchange's general manager and party secretary. Mr Tu became a CSRC vice-chairman in 2002 when Shang Fulin replaced Zhou Xiaochuan as chairman. Mr Shang and Mr Tu pushed ahead ...

  3. International stock board put on back burner again

    Posted Jun 06th 2012, 12:00am

    ... the go-ahead. The CSRC, under former chairman Shang Fulin, was about to officially approve the setting up of the board in the second half of last year. But Guo, who replaced Shang in October, shelved ...

  4. Regulator broadens scope of China's OTC market

    Posted May 28th 2012, 12:00am

    ... board'- in the second half of this year. The original blueprint for the new board, prepared under the chairmanship of Guo's predecessor Shang Fulin, aimed to create an over-the-counter market ... to raise funds.' During Shang's tenure at the CSRC between 2002 and 2011, priority was given to the capital requirements of technology firms offering products and services related ...

  5. News - China - DISSENT

    Four participants of June 4 commemoration released on bail

    Posted Jun 06th 2014, 04:39am by Verna Yu

    ... in an ongoing clampdown on government critics ahead of the 25th anniversary of the Tiananmen pro-democracy movement. Lawyer Shang Baojun said Xu, Liu and Hu were released on bail on Thursday afternoon. ... on May 3. They were commemorating the anniversary of the crackdown on the 1989 Tiananmen pro-democracy movement. Shang said that under Chinese law, people released on bail were still considered ...

  6. Regulator needs to learn realities of the market

    Posted Jun 25th 2008, 12:00am by Jake Van Der Kamp

    ... and demand, pace fund-raising activities in an orderly way, including issuing regular reports on previously locked-up shares, and encourage long-term funds to invest,' [CSRC chairman Shang Fulin ... Let's take them one by one: 'To fully support the stable operation of the market...'- Wonderful, but what does Mr Shang consider to be a market in stable operation and how would he ...

  7. Media prepares for international board launch

    Posted Jun 06th 2011, 12:00am

    ... was going to be last year. At the meeting, the CSRC did not say exactly when the international board would open, but suggested it could be in a month or two. CSRC chairman Shang Fulin is now determined to launch the board, according to Dai Xianglong, a former central bank governor and now chairman of the National Social Security Fund. 'Comrade Shang Fulin is a very cautious ...

  8. CSRC to increase supply of freely traded shares

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

    ... Addressing a forum in Beijing, China Securities Regulatory Commission chairman Shang Fulin said his agency would encourage more qualified companies to list shares and take measures to unlock more non-tradable shares to stabilise the market. Although Mr Shang did not say the measures were aimed at capping the high-flying indices, analysts said that was what regulators hoped to achieve. 'If ...

  9. Mainland to review brokerage venture bids by foreign banks

    Posted Sep 26th 2007, 12:00am by Staff Reporter

    ... amid efforts to shore up ailing securities firms. CSRC chairman Shang Fulin has said that the mainland would resume the application procedure in the second half of this year but did not provide ... market after Mr Shang early this month said that they would be welcome to buy minority stakes in domestic brokerages. However, sources said that Mr Shang was misquoted and foreign banks could buy ...

  10. Three senior regulators on way out of CSRC

    Posted May 17th 2012, 12:00am

    ... of the CSRC in late October, replacing Shang Fulin, who was seen to have taken a cautious approach to market liberalisation. In the past six months, Guo has directed CSRC officials to reform ...




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