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The China Banking Regulatory Commission will require banks to examine their guarantee business throughout July to prevent the risky practices of some guarantee companies from spreading to commercial lenders.
The China Securities Regulatory Commission (CSRC) on Wednesday issued draft rules of a nationwide registration system for people with access to privileged information of listed companies.
Chinese shares closed lower on Wednesday with the benchmark Shanghai Composite Index down 0.9 percent, or 24.61 points, at 2,705.43.
Foreign investors recorded the biggest increase among the various financing channels for Chinese property developers in the first five months of this year as they bet on better investment opportunities amid the country's tightening real estate policies.
China's central bank Tuesday lifted the ratio of funds that banks must set aside as reserves by a half point as it attempts to contain rising inflation.
Macquarie Group and China Everbright Ltd said they had secured nearly half a billion dollars from global investors for a Greater China infrastructure fund.
Mid-sized lender China Everbright Bank Co Ltd plans to raise about $6 billion in a Hong Kong initial public offering, Asia's biggest so far this year, braving choppy equity markets that have dampened demand for new issuances.
Chinese shares closed higher on Tuesday with the benchmark Shanghai Composite Index up 1.1 percent, or 29.66 points, at 2,730.04.
China will issue rules on yuan-denominated foreign direct investment (FDI) into the mainland before the end of the year, a move that will allow easier repatriation of the Chinese currency according to the Hong Kong Monetary Authority (HKMA).
The Export-Import Bank of China will continue to provide financing for the economic cooperation projects under the Shanghai Cooperation Organization (SCO), the bank's head said on Monday.
China's money growth slowed to a 30-month low in May and banks extended fewer new loans than expected as tight monetary policy weighed on bank lending. However, stubborn inflation is expected to persuade the government to keep its foot on the credit brakes.
New loans extended by Chinese banks were expected to grow at a steady but controllable pace for the rest of the year, according to the research center of one of China's leading banks.
