Kevin Yao
Stories by Kevin Yao
New head of China’s market regulator is known to “fight fires fast”
Wu Qing, nicknamed the "broker butcher", has taken over as chairman of the CSRC.
China moves to widen state employee iPhone curbs
Staff in at least three ministries and government bodies were told not to use iPhones at work.
China central bank vows to support private firms, ease tech crackdown
Monetary policy in 2023 will focus on expanding demand, especially personal consumption.
Chinese regulator to continue to push ahead with Ant’s rectifications
Ant, an affiliate of Alibaba Group, has been subjected to a sweeping restructuring by China.
China to set up new state-owned conglomerates in strategic sectors
State-owned giants should step up research in industrial machines, high-end chips, new materials and energy vehicles.
After Didi probe, China to step up scrutiny of more firms listed overseas
A record $12.5b, in 34 deals, has been raised so far in 2021 from Chinese firms listing in the US.
Chinese regulators closely monitor foreign investment in stock markets
The proportion of foreign holdings in Chinese stocks currently stands at 5%.
Chinese regulator drafts new rules on online bank lending to curb risks
The rules will help rein in financial risks in banks’ online lending business and protect borrowers' interests.
China to set up new bank to take over Baoshang’s Inner Mongolia ops
The new bank will take over all the assets and liabilities and operations of Baoshang Bank in Inner Mongolia.
China to end ownership limits in financial sector in 2020
The move to scrap ownership limits in financial sector comes a year earlier than scheduled.
