Chinese regulator warns banks of illegal fund flows into stock market

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

Chinese regulator warns that banks and insurance companies are not allowed get involved in illegal margin lending business to fund stock trading, as China's stock market stages a rally fuelled by economic recovery and ample liquidity.

The China Banking and Insurance Regulatory Commission (CBIRC) said in a recent statement that some disorder has returned to the markets and some high-risk shadow banking activities have been revived, and some have attempted to make a comeback in new forms and new features.

“The leverage ratio of enterprises, households . . .

Sign In or Subscribe To Get Full Access.

Everything you need about China markets is on THE WIRE - one timeline with up-to-the-minute updates throughout every trading day.

Follow China Market In The Most Efficient Way!

TRY US FOR FREE