BEIJING, Oct. 1 (Xinhua) The total assets of China securities firms reached 10.59 trillion yuan (about 1.49 trillion U.S. dollars) at the end of last year, a
After inspecting 21 securities companies and nine issuers since last October, 14 units were found violating bond issuance regulations, said Le Cong Dien, director of the Public Enterprises Supervisory Department under the State Securities Commission (SSC).
Beijing has instructed firms in China’s financial industry to rein in pay levels, echoing President Xi Jinping’s goal of promoting “common prosperity”.