$166bn error in CITIC accounts Shanghai, November 25 China’s securities association said today CITIC Securities had inaccurately inflated its derivative business by 1.06 trillion yuan ($165.92 billion) in a report submitted in September. The news comes after probes into... 26 Nov, 2015
China to create $19B fund to support plunging stock market BEIJING: More than two dozen companies in China are postponing initial public offerings and security companies are pledging more than $19 billion for a fund to stabilize the country's free-falling stock market. The 28 companies, which had... 05 Jul, 2015
China brokers to invest $19m to curb market plunge BEIJING:China’s 21 largest brokerage firms announced on Saturday they would invest more than $19 billion in the country’s stock markets in order to curb its precipitous fall over the last three weeks. The brokers will spend at least 120 billion... 05 Jul, 2015
