CFP. China's capital market regulator pledged to step up efforts to propel cross-border investment and financing, increase the appeal

China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part of a regulatory revamp unveiled in 2023 to bring their salaries in line with other civil servants,

China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore up its ailing equity market as it confronts the threat of higher tariffs.

Listed companies in the country distributed dividends totaling 2.4 trillion yuan (US$329 billion) and conducted share buybacks worth 147.6 billion yuan in 2024, both reaching record highs, said Wu Qing,

Starting this year, major Chinese state-owned insurance companies will "strive to" invest 30% of their new premium income in mainland-listed stocks, Wu Qing, chairman of the China Securities Regulatory Commission, told reporters. He said this should pump "hundreds of billions of yuan of new long-term funds" into the stock market.

China will implement the second phase of a pilot program aimed at facilitating insurance funds making long-term stock investments in the first half of 2025, with a program size of no less than 100 billion yuan ($13.7 billion), said Wu Qing, chairman of the China Securities Regulatory Commission.

Citadel Securities, led by CEO Peng Zhao, has submitted an application to the China Securities Regulatory Commission to establish a brokerage in mainland China. The move comes as many Wall Street firms find it challenging to navigate the country's markets.

BEIJING -- China's public offering fund sector has maintained a stable development trend in recent years, with further measures set to boost the development of this sector in 2025, an official said at a press conference on Thursday. Assets under the ...

State-owned insurers and mutual funds are expected to play a pivotal role in the process, the China Securities Regulatory Commission and the Ministry of Finance said in a press briefing.

By the end of last year, 866 qualified foreign institutional investors (QFII) obtained investment qualification in the A-share market. Foreign investors held about 3 trillion yuan ($410 billion) of A shares via QFII and stock connect programs, serving as an important source of capital inflow into the Chinese stock market, Wu said.

As Skydance Media and RedBird Capital Partners work to close the Larry Ellison-backed takeover of Paramount Global this spring, a consortium of investors who previously bid on the storied media conglomerate is mounting an eleventh-hour $13.