Shang Fulin, the former regulator of mainland China’s banking and securities sectors, has urged relevant authorities to loosen their grip on equity financing to bolster technological innovation. The role of China’s stock market must be played up to help investors and entrepreneurs better assess company valuations, mitigate risks and boost transactions, he told the Bund … Read more
The chief of a branch of China’s securities regulator, was detained by the Communist Party’s anti-graft body for alleged serious violations of discipline and laws, amid disgruntled equity investors’ uproar over a slumping market. Beijing-based financial media outlet Caixin said that Ling was apprehended on Monday morning and that his detention might be linked to … Read more
That denial was issued on Monday in response to a WeChat post, which went viral on Sunday across Chinese social media, by former Royole independent director Liu Shuwei, who serves as director of the China Enterprise Research Centre at the Central University of Finance and Economics in Beijing. The post stated that Huawei had proposed … Read more
