China Securities Regulatory Commission

Lucas GC Limited (NASDAQ: LGCL) Successfully Listed on NASDAQ With Appealing Valuation of the "AI+PaaS" Theme

Retrieved on: 
Wednesday, March 6, 2024
RMB, Internet, Holocene, Prospectus, Ministry, Education, Dartmouth College, Investment, PS, Growth, Digital, Data analysis, Database, VCS, CFA, Hewlett Foundation, Frost, Western Digital, Stanford University, IPO, GPT, Sun Microsystems, Platform as a service, Capital gain, UCLA, China Securities Regulatory Commission, Haier, Information technology, Research, Cryptocurrency

Lucas' achievements are rarely seen among the recently listed companies on NASDAQ.

Key Points: 
  • Lucas' achievements are rarely seen among the recently listed companies on NASDAQ.
  • 51Job which is 30% owned by Recruit Holding of Japan, is the second largest shareholder of Lucas which demonstrates its endorsement of Lucas' business model and roadmaps.
  • For other strategic investors, the involvement of domestic AI unicorn BeagleData serves as a notable validation of the Company's AI technology.
  • Haier Group's investment brings forth a range of enhancements to the company's corporate governance and extends multidimensional industry resource supports to Lucas.

Global Times: China lays plans to beef up stable development of capital market

Retrieved on: 
Friday, March 8, 2024
Head, National People's Congress, Development, Politics, Growth, Renmin University of China, Government, Global Times, CSRC, CPPCC, Central China, Conference, Attention, Hubei University, Spring Festival, Real-time, Congress, Shanghai University, National Committee, China Securities Regulatory Commission, Travel, Cryptocurrency

A number of delegates to the ongoing two sessions also contributed their thoughts on the topic, which is under the global media spotlight.

Key Points: 
  • A number of delegates to the ongoing two sessions also contributed their thoughts on the topic, which is under the global media spotlight.
  • Outside of the two sessions venue, Chinese scholars also shared their views on what Wu had said at the press conference.
  • "The dual emphasis by the CSRC on strengthening regulation and bolstering investor protection are set to improve the stability and quality of the Chinese capital market," Dong noted.
  • "Stepped-up macro-policies and stable economic recovery will contribute to a rebound in the A-share market."

Global Times: Now it's time to phase in market-oriented, law-based, internationalized oversight system to guide China's stock market growth: scholar

Retrieved on: 
Tuesday, February 27, 2024
Initial public offering, Financial regulation, The Spring Festival, Punishment, Fraud, CSRC, Life, Conference, IPO, GDP, NPC, Crime, Policy, Central Economic Work Conference, Survival, Congress, Tsinghua University, Criminal law, China Securities Regulatory Commission, Environment, Cryptocurrency

BEIJING, Feb. 27, 2024 /PRNewswire/ -- There is a consensus among Chinese regulators over the need to ratchet up the confidence of market participants to draw further investment to the equities market.

Key Points: 
  • The implementation of an across-the-board registration-based IPO system has triggered the reshaping of China's capital market.
  • From the perspective of investor concerns, enhancing the quality of listed companies and investment returns is one major task.
  • More importantly, the authorities need to step up punishment and deterrence for violations of laws and regulations in the market.
  • In addition, market expected that the US Federal Reserve will cut interest rates this year, leaving more room for monetary policy easing in China.

So-Young's Subsidiary Wuhan Miracle Submits Application Documents for Initial Public Offering on China's Beijing Stock Exchange

Retrieved on: 
Monday, November 13, 2023
Exercise, Beijing Stock Exchange, China Securities Regulatory Commission, IPO, Security (finance)

The IPO application documents have been received and under reviewed by the Beijing Stock Exchange.

Key Points: 
  • The IPO application documents have been received and under reviewed by the Beijing Stock Exchange.
  • According to Wuhan Miracle's initial public offering documents, it plans to issue up to 20,000,000 shares, excluding shares issuable upon the exercise of an over-allotment option, which will account for approximately 25% of its total share capital after the IPO.
  • The completion of the proposed initial public offering of Wuhan Miracle is subject to the review process by the Beijing Stock Exchange and the registration process by the China Securities Regulatory Commission.
  • The Company cannot predict Wuhan Miracle's ability to successfully complete the listing of its shares on the Beijing Stock Exchange, the related timeline or the actual size and pricing of the IPO.

China Daily: Financial Street Forum focuses on enhancing openness and cooperation for shared growth and mutual benefits

Retrieved on: 
Friday, November 10, 2023
Beijing Financial Street, China Securities Regulatory Commission, Cooperation, Bank, Conference, Bank of China, Xinhua News Agency, Foreign exchange market, Economic development, Cryptocurrency, Party

Themed with Better China, Better World—Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits, the conference, comprised of one main forum, three parallel forums and a total of 22 sessions, is being co-hosted by the Beijing Municipal People's Government, the People's Bank of China, the National Financial Regulatory Administration, the China Securities Regulatory Commission, Xinhua News Agency and the State Administration of Foreign Exchange.

Key Points: 
  • Themed with Better China, Better World—Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits, the conference, comprised of one main forum, three parallel forums and a total of 22 sessions, is being co-hosted by the Beijing Municipal People's Government, the People's Bank of China, the National Financial Regulatory Administration, the China Securities Regulatory Commission, Xinhua News Agency and the State Administration of Foreign Exchange.
  • The five main forums focus on topics such as strengthening international macroeconomic policy dialogue to enhance global economic and financial resilience.
  • The heads of financial regulatory departments, policy committee members, exchange directors and the CEOs of well-known multinationals have been invited to conduct in-depth discussions.
  • As the national financial management center, Beijing has abundant financial resources, a concentration of financial institutions, a plethora of financial talents, and is at the forefront of exploring and practicing financial reforms, he said.

China Daily: Financial Street Forum focuses on enhancing openness and cooperation for shared growth and mutual benefits

Retrieved on: 
Friday, November 10, 2023
Beijing Financial Street, China Securities Regulatory Commission, Cooperation, Bank, Conference, Multimedia, Bank of China, Xinhua News Agency, Foreign exchange market, Economic development, Cryptocurrency, Online shopping, Party

Themed with Better China, Better World—Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits, the conference, comprised of one main forum, three parallel forums and a total of 22 sessions, is being co-hosted by the Beijing Municipal People's Government, the People's Bank of China, the National Financial Regulatory Administration, the China Securities Regulatory Commission, Xinhua News Agency and the State Administration of Foreign Exchange.

Key Points: 
  • Themed with Better China, Better World—Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits, the conference, comprised of one main forum, three parallel forums and a total of 22 sessions, is being co-hosted by the Beijing Municipal People's Government, the People's Bank of China, the National Financial Regulatory Administration, the China Securities Regulatory Commission, Xinhua News Agency and the State Administration of Foreign Exchange.
  • The five main forums focus on topics such as strengthening international macroeconomic policy dialogue to enhance global economic and financial resilience.
  • The heads of financial regulatory departments, policy committee members, exchange directors and the CEOs of well-known multinationals have been invited to conduct in-depth discussions.
  • As the national financial management center, Beijing has abundant financial resources, a concentration of financial institutions, a plethora of financial talents, and is at the forefront of exploring and practicing financial reforms, he said.

Xinhua Silk Road: Annual Conference of Financial Street Forum 2023 kicks off in Beijing

Retrieved on: 
Thursday, November 9, 2023
Science, Foreign exchange market, Bank, SAFE, State Administration of Foreign Exchange, Cooperation, People's Government of Tibet Autonomous Region, Conference, Bank for International Settlements, Xinhua News Agency, Bank of China, Communist party, Beijing Financial Street, PBOC, China Securities Regulatory Commission, NFRA, CSRC, Cryptocurrency

BEIJING, Nov. 9, 2023 /PRNewswire/ -- Themed "Better China Better World -- Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits," the Annual Conference of Financial Street Forum 2023 opened on Wednesday in Beijing, capital of China.

Key Points: 
  • BEIJING, Nov. 9, 2023 /PRNewswire/ -- Themed "Better China Better World -- Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits," the Annual Conference of Financial Street Forum 2023 opened on Wednesday in Beijing, capital of China.
  • Addressing the conference, Yin Li, secretary of the Communist Party of China Beijing Municipal Committee, said that China's financial market, with its large scale, full potential, rapid development and solid foundation of the real economy, has become a key force in maintaining global financial stability.
  • Openness and cooperation will go a long way toward promoting growing, secured and sustainable economic prosperity, under the multiple challenges faced by global economy, said Agustin Carstens, General Manager of the Bank for International Settlements through video link during the conference.
  • Jointly hosted by the People's Government of Beijing Municipality, the PBOC, the NFRA, the CSRC, Xinhua News Agency and the SAFE, this year's conference includes a total of 42 activities, welcoming over 400 heavyweight guests from more than 30 countries and regions to share views upon overcoming global economic challenges through financial cooperation.

Xinhua Silk Road: Annual Conference of Financial Street Forum 2023 kicks off in Beijing

Retrieved on: 
Thursday, November 9, 2023
Science, Foreign exchange market, Bank, SAFE, State Administration of Foreign Exchange, Cooperation, People's Government of Tibet Autonomous Region, Conference, Bank for International Settlements, Multimedia, Xinhua News Agency, Bank of China, Communist party, Beijing Financial Street, PBOC, China Securities Regulatory Commission, NFRA, CSRC, Cryptocurrency

BEIJING, Nov. 9, 2023 /PRNewswire/ -- Themed "Better China Better World -- Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits," the Annual Conference of Financial Street Forum 2023 opened on Wednesday in Beijing, capital of China.

Key Points: 
  • BEIJING, Nov. 9, 2023 /PRNewswire/ -- Themed "Better China Better World -- Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits," the Annual Conference of Financial Street Forum 2023 opened on Wednesday in Beijing, capital of China.
  • Addressing the conference, Yin Li, secretary of the Communist Party of China Beijing Municipal Committee, said that China's financial market, with its large scale, full potential, rapid development and solid foundation of the real economy, has become a key force in maintaining global financial stability.
  • Openness and cooperation will go a long way toward promoting growing, secured and sustainable economic prosperity, under the multiple challenges faced by global economy, said Agustin Carstens, General Manager of the Bank for International Settlements through video link during the conference.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/xinhua-silk-road-annual-confere...

Global Times: China's senior officials vow to have intensified regulations to prevent financial risks as FSF kicks off in Beijing

Retrieved on: 
Thursday, November 9, 2023
Tao, Insurance, IPO, Relaxation, Pan, Bank, Housing, Tianjin University of Finance and Economics, Global Times, Standard Chartered, Conference, Wang, Developed country, Agricultural Bank of China, Agricultural Bank, Economics, Industrial and Commercial Bank of China, BOC International, Bank of China, Commercial bank, Tianjin University, Blood, Real-time, Social science, China Securities Regulatory Commission, CSRC, Cryptocurrency, Security (finance), Renewable energy

Pan said the financial sector will help local governments dissolve debt risks, and ensure stable and healthy development of the housing market.

Key Points: 
  • Pan said the financial sector will help local governments dissolve debt risks, and ensure stable and healthy development of the housing market.
  • Yi Huiman, chairman of China Securities Regulatory Commission (CSRC), Li Yunze, head of the National Financial Regulatory Administration and other senior officials, also addressed the opening ceremony.
  • In practice, the reform has led to even stricter regulatory measures, most notably, the enhancement of transparency, Yi stressed.
  • As an international bank rooted in China for 165 years, Standard Chartered will play the role of a "connector."

CGTN: China pledges to expand financial openness as economy grows

Retrieved on: 
Wednesday, November 8, 2023
Bank of China, Insurance, Cooperation, Pan, China Securities Regulatory Commission, Financial regulation, Bank, National government, Drug, Renewable energy

BEIJING, Nov. 8, 2023 /PRNewswire/ -- China's financial regulators on Wednesday pledged to expand high-level financial openness to attract more foreign investment at the opening ceremony of the 2023 Financial Street Forum in Beijing.

Key Points: 
  • BEIJING, Nov. 8, 2023 /PRNewswire/ -- China's financial regulators on Wednesday pledged to expand high-level financial openness to attract more foreign investment at the opening ceremony of the 2023 Financial Street Forum in Beijing.
  • This year's forum, themed "Better China, Better World: Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits," will last till Friday.
  • Li Yunze, director of the National Administration of Financial Regulation, said the country will continue to open up the financial sector, and attract more foreign financial institutions and long-term capital to China.
  • In recent years, China has taken a number of steps to open up its financial sector.