News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
PBOC Reportedly Holds Talks with Financial Institutions This Morning on Fortifying Bond Investment Stability
The People's Bank of China (PBOC) held discussions this morning (18th) with some financial institutions that have been trading aggressively in the current bond market, accordin...
Reset
Send
The window will close in 5 seconds
PBOC Reportedly Holds Talks with Financial Institutions This Morning on Fortifying Bond Investment Stability
Close
Recommend
46
Positive
71
Negative
38
 
SHORT SELL
 
STOCK INFO

The People's Bank of China (PBOC) held discussions this morning (18th) with some financial institutions that have been trading aggressively in the current bond market, according to the Securities Times.

The requirements put forward by the PBOC include closely monitoring their own interest rate risk and other risk conditions, improving research and investment capabilities, and strengthening the stability of bond investments. In addition, investments and transactions must be conducted in compliance with the law, as the PBOC has recently investigated a number of institutions suspected of account lending, market price manipulation, benefit transfer, and internal control deficiencies.

Related NewsUBS Ratings, TPs on CN Banks (Table)
The PBOC has also comprehensively investigated clues of illegal activities, and will maintain regular enforcement inspections with a zero-tolerance approach to illegal and irregular activities in the bond market.

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.