Some major Chinese banks are shutting down services that aid retail trading in precious metals, after a multiyear rally in gold and silver went into reverse in recent months.
Some major Chinese banks are shutting down services that aid retail trading in precious metals, after a multiyear rally in gold and silver went into reverse in recent months.
Gold bars for sale at a jewelry store in Shanghai. Photographer: Qilai Shen/Bloomberg
China’s top securities regulator pledged to welcome more domestic listings from artificial intelligence developers as well as Hong Kong traded firms to bolster onshore capital markets.
China’s top securities regulator pledged to welcome more domestic listings from artificial intelligence developers as well as Hong Kong traded firms to bolster onshore capital markets.
China’s top securities regulator pledged to welcome more domestic listings from artificial intelligence developers as well as Hong Kong traded firms to bolster onshore capital markets.
China’s top securities regulator pledged to welcome more domestic listings from artificial intelligence developers as well as Hong Kong traded firms to bolster onshore capital markets.
Chinese investors are rushing to find alternative ways to buy and sell overseas equities after Beijing launched its most forceful crackdown on illicit cross-border stock trading to stem capital outflows.
Chinese investors are rushing to find alternative ways to buy and sell overseas equities after Beijing launched its most forceful crackdown on illicit cross-border stock trading to stem capital outflows.
An electronic ticker displays stock figures in Pudong's Lujiazui Financial District in Shanghai, China, on Monday, Aug. 18, 2025. A gauge of Shanghai-listed stocks closed at its highest level in a decade, as cash-rich local investors plow into a market that has surged amid easing trade tensions with the US.
China’s largest state-owned lenders reported an up-tick in earnings growth in the first quarter, signaling a potential turn for an industry long defined by a protracted squeeze on profitability.
China’s largest state-owned lenders reported an up-tick in earnings growth in the first quarter, signaling a potential turn for an industry long defined by a protracted squeeze on profitability.
An Industrial and Commercial Bank of China bank branch in Chengdu, China.
Two state-backed brokerages in Shanghai have unveiled plans to merge, creating a firm with $86 billion of assets and advancing China’s ambition to forge investment banks capable of competing with Wall Street’s elite.
Two state-backed brokerages in Shanghai have unveiled plans to merge, creating a firm with $86 billion of assets and advancing China’s ambition to forge investment banks capable of competing with Wall Street’s elite.
The Shanghai Financial Exchange Square, which houses the Shanghai Stock Exchange, China Financial Futures Exchange and the offices of the China Securities Depository and Clearing Corp., in Shanghai, China, on Thursday, June 5, 2025. Transactions in China's long-term sovereign bond futures are cooling as traders hold off making bets in the market given continued tariff disputes with the US.
A Beijing court has ordered the liquidation of Zhongzhi Enterprise Group Co. and its more than 300 affiliated companies, in a major step toward winding down one of China’s largest shadow banking conglomerates.
A Beijing court has ordered the liquidation of Zhongzhi Enterprise Group Co. and its more than 300 affiliated companies, in a major step toward winding down one of China’s largest shadow banking conglomerates.
A police car outside the building that houses the headquarters of Zhongzhi Enterprise Group Co. in Beijing, China, on Friday, Jan. 5, 2024. Chinese shadow banking giant Zhongzhi filed for bankruptcy, cementing the rapid downfall of a firm that oversaw more than $140 billion at its peak before succumbing to the property crisis that has wreaked havoc on the world's second-largest economy.
Guotai Junan International Holdings Ltd. has brought in a former senior equity capital markets banker to lead share sales after last month’s raids in Hong Kong that shook the city’s financial sector, according to people familiar with the matter.
Guotai Junan International Holdings Ltd. has brought in a former senior equity capital markets banker to lead share sales after last month’s raids in Hong Kong that shook the city’s financial sector, according to people familiar with the matter.
Huatai Securities Co., one of China’s largest brokerages, is preparing to start a securities business in Japan as a revival in the country’s financial markets draws firms from around the world.
Huatai Securities Co., one of China’s largest brokerages, is preparing to start a securities business in Japan as a revival in the country’s financial markets draws firms from around the world.
Huatai Securites Co. brochures. Photographer: Nelson Ching/
China’s top anti-graft watchdog is investigating a senior official at its main financial regulator, extending a yearslong purge in the $69 trillion financial industry.
China’s top anti-graft watchdog is investigating a senior official at its main financial regulator, extending a yearslong purge in the $69 trillion financial industry.
Flags displayed in front of the Great Hall of People.
Hong Kong’s financial regulators and anti-graft agency arrested eight people as part of an investigation into a HK$315 million ($40 million) insider dealing and corruption scheme involving two major brokerages and a hedge fund manager.
Hong Kong’s financial regulators and anti-graft agency arrested eight people as part of an investigation into a HK$315 million ($40 million) insider dealing and corruption scheme involving two major brokerages and a hedge fund manager.
China will issue special sovereign bonds to recapitalize some of its largest banks, marking an expansion of Beijing’s efforts to fortify the nation’s $69 trillion financial system against a cooling economy and market volatility.
China will issue special sovereign bonds to recapitalize some of its largest banks, marking an expansion of Beijing’s efforts to fortify the nation’s $69 trillion financial system against a cooling economy and market volatility.
Robots once again stole the show during China’s annual Spring Festival gala, popping up in comedy skits, dancing to Mandarin pop and bouncing off walls like martial arts masters. Investors responded Friday by pushing up shares in robotics firms even as the broader market sagged.
Robots once again stole the show during China’s annual Spring Festival gala, popping up in comedy skits, dancing to Mandarin pop and bouncing off walls like martial arts masters. Investors responded Friday by pushing up shares in robotics firms even as the broader market sagged.
A Hangzhou Unitree Technology Co. G1 robot. Photographer: Na Bian/Bloomberg
Robots once again stole the show during China’s annual Spring Festival gala, popping up in comedy skits, dancing to Mandarin pop and bouncing off walls like martial arts masters. Investors responded Friday by pushing up shares in robotics firms even as the broader market sagged.
Robots once again stole the show during China’s annual Spring Festival gala, popping up in comedy skits, dancing to Mandarin pop and bouncing off walls like martial arts masters. Investors responded Friday by pushing up shares in robotics firms even as the broader market sagged.
A Hangzhou Unitree Technology Co. G1 robot. Photographer: Na Bian/Bloomberg
UBS SDIC Fund Management Co. changed the valuation model for a $2.2 billion silver fund to more closely track global futures prices, triggering a record drop in its net asset value and pushback from some investors already bruised by a precious metals slump.
UBS SDIC Fund Management Co. changed the valuation model for a $2.2 billion silver fund to more closely track global futures prices, triggering a record drop in its net asset value and pushback from some investors already bruised by a precious metals slump.
Chinese households are scouring for higher-yielding investments as roughly $7 trillion in time deposits come due this year, a shift that could provide additional fuel for the nation’s financial markets.
Chinese households are scouring for higher-yielding investments as roughly $7 trillion in time deposits come due this year, a shift that could provide additional fuel for the nation’s financial markets.
A statue of a bull in the Lujiazui financial district in Shanghai.
UBS Group AG Chief Executive Officer Sergio Ermotti said the proposed new banking reforms in Switzerland go “too far” and that lender needs a competitive regulatory framework to grow.
UBS Group AG Chief Executive Officer Sergio Ermotti said the proposed new banking reforms in Switzerland go “too far” and that lender needs a competitive regulatory framework to grow.
A $3 billion redemption crisis in eastern China is reviving concerns about the loosely-regulated shadow-banking industry as the nation’s prolonged property slump risks spilling over into the financial sector.
A $3 billion redemption crisis in eastern China is reviving concerns about the loosely-regulated shadow-banking industry as the nation’s prolonged property slump risks spilling over into the financial sector.