BEIJING, Feb. 6 (Xinhua) China bourses on Monday launched the bond market-making businesses of 12 securities firms. The 12 market makers are Essence Securiti
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The People s Bank of China, the country s central bank, announced before trading started on Monday it had hiked the foreign exchange risk reserve ratio for forward trading from zero percent to 20 percent, effective Wednesday.
China’s top securities regulator has released four fines to Shenwan Hongyuan Securities on Tuesday for improper management in connection with its online investment advisory business in cooperation with Ant Group, an affiliate of Alibaba Group.