China
China overhauling IPO process, mulls foreign firms listing: report
China will switch to a "registration system" for initial public offerings (IPO), ending the current approval process, the official China Securities Journal reported on Tuesday, a day after parliament began reviewing draft changes to the Securities Law.
Aberdeen, Blackrock flag risks in frothy Chinese stock markets
Aberdeen Asset Management's head of Asian operations warned on Tuesday that Chinese money was moving "a bit like a casino" in domestic stock markets, while BlackRock called on China to reform its capital markets further to avert boom and bust scenarios.
China's banks foil support measures for housing market
China's drumroll of policy support for its flagging housing market has met an unlikely foe: banks. Beijing has tried to revive a flagging housing market as it looks to arrest an economic slowdown, but banks are increasingly worried about bad debts and are not passing on policy steps like interest rate cuts and lower downpayment requirements to home buyers.
China to inject FX reserves into policy banks: Caixin
China's central bank will inject some of its war chest of foreign exchange reserves into two state-owned policy banks to support the government's overseas development plans, financial news magazine Caixin reported.