China’s securities regulator on Friday published draft rules that would allow publicly traded companies to spin off subsidiaries for separate domestic listings.
Under the proposed rules, the parent companies must retain adequate businesses and assets, the China Securities Regulatory Commission (CSRC) told a news conference in Beijing.
China's price regulator plans to launch a "large-scale and systematic" anti-trust investigation soon into foreign and local drug firms, state newspaper China Daily said, citing a source close to the regulator.
Dutch high-speed trading firm IMC said on Thursday that China's securities regulator is investigating its trading activity in the Chinese futures market.
Last week's $215 million fine for Agricultural Bank of China Ltd (AgBank), the third big Chinese bank disciplined by U.S. regulators in 16 months, shows Chinese lenders still falling short in their compliance duties.