11.05
·Reported
·Importance III
·Sources 1
·Beijing
On November 5, Pan Gongsheng, Governor of the People's Bank of China, reported on financial work to the Standing Committee of the National People's Congress: As of the end of September this year, the number of remaining local government financing vehicles nationwide has decreased by 92% compared to the end of March 2023; as of the end of June, the stock of operational financial debt has decreased by 79%. The report also disclosed that the cumulative approval for real estate 'white list' loans has exceeded 8.4 trillion yuan, and that officials have established a liquidity support tool for clearing arrears and held talks with leading enterprises that have defaulted on payments.
11.03
·Reported
·Importance IV
·Sources 1
·China
According to a Financial Times report on November 3, citing three people familiar with the matter, the China Securities Regulatory Commission (CSRC) held meetings with investment banks over the past few days, issuing informal window guidance to suspend corporate IPOs and halt large-scale share sales by existing shareholders until the market recovers.
11.02
·Reported
·Importance III
·Sources 1
·China
On November 2, the Chinese central bank announced that it will launch the Securities, Funds and Insurance companies Swap Facility (SFISF) operation on November 3, with a one-year term that can be extended as appropriate. 31 securities and fund companies have already reported their demand, with application quotas exceeding 100 billion RMB. This marks the third operation following those in October 2024 and January 2025.
10.30
·Reported
·Importance II
·Sources 1
·Hong Kong
On October 30, the Hong Kong branch of China Merchants Bank issued a notice stating that, effective from 4:00 PM on November 30, it will suspend bank-securities transfer services with Soochow Securities International and China Merchants Securities International until further notice, without providing reasons or a resumption date.
10.26
·Reported
·Importance III
·Sources 1
·Shanghai
From October 26, the Shanghai Composite Index and others will adopt new compilation rules: the weight of a single stock is capped at 15%, and the removal of risk-warning stocks will be calculated based on the announcement date rather than the implementation date. Stocks whose announcement and implementation fall in different months may exit the index earlier. The market has recently been in a downtrend.
10.21
·Verified
·Importance III
·Sources 1
·China
On October 21, the People's Bank of China announced an upgrade to the digital yuan infrastructure, launching a new system and intelligent integration service framework that supports preset consumption conditions and time limits.
10.14
·Verified
·Importance III
·Sources 1
According to Radio France Internationale (RFI), the Hong Kong Securities and Futures Commission took enforcement action over suspicions that two Chinese-funded companies engaged in market manipulation during their initial public offerings (IPOs), freezing more than HK$4.6 billion in assets, a record high freeze amount in the history of the Hong Kong securities regulator.
10.13
·Developing
·Importance III
·Sources 1
On October 13, 2026, according to social media reports, Chinese regulatory authorities have officially approved the U.S. financial giant Visa to establish a locally registered bank card clearing institution within China. This marks a new milestone in the expansion of overseas card organizations' RMB clearing businesses in China and further promotes the opening up of China's financial payment and clearing market.
10.12
·Verified
·Importance III
·Sources 1
·Beijing, China
The Chinese Communist Party's People's Bank of China issued the document "Policy Stance on the RMB Exchange Rate," reiterating that China has neither the need nor the intention to gain a trade advantage through exchange rate depreciation, and will never engage in competitive devaluation.
10.09
·Reported
·Importance III
·Sources 1
·China
On October 9, Xiangyuan Culture and Tourism announced that its actual controller, Yu Faxiang, had received a Case Filing Notice from the China Securities Regulatory Commission (CSRC) over suspected violations of information disclosure laws and regulations. The company said its production and operations were normal and unaffected.
10.09
·Reported
·Importance III
·Sources 1
·China
On October 9, Jiaojian Shares announced that its actual controller Yu Faxiang has been placed under investigation by the CSRC for suspected violations of information disclosure laws and regulations, and that its daily production and operations are normal.
10.08
·Verified
·Importance II
·Sources 1
·Beijing, China
The Ministry of Finance auctioned five-year special treasury bonds for capital injection, with a coupon rate of only 1.37 percent.
10.06
·Reported
·Importance III
·Sources 1
·China
The State Council of the CCP held an executive meeting, requiring the improvement of robust mechanisms for the capital market and the enhancement of intrinsic stock market stability. The swap facility tool has also been transformed from a temporary measure into a long-term institutional arrangement.
10.03
·Reported
·Importance III
·Sources 1
·China
On October 3, China's Ministry of Commerce announced the launch of an anti-dumping investigation into p-nitrotoluene imported from the European Union, with the investigation period running until October 2027 and extendable by six months. The ministry said prices of the relevant EU products fell by nearly 60% cumulatively from 2022 to 2025, and noted that the EU has launched 28 trade remedy investigations against China since 2025.
2026.10
·Reported
·Importance IV
·Sources 2
·Beijing
At the Financial Street Forum, Pan Gongsheng announced the adjustment of the policy rate tenor, the establishment of liquidity support tools for non-bank institutions, the push to link large corporations' loans to the overnight repo rate, and the exit from the deposit and lending benchmark rates, turning intraday firefighting facilities from temporary tools into standing tools.