The central bank seeks to establish a list of commodities that can be hedged by all companies with direct exposure. In step, it also plans to allow greater FX hedging activity.
China’s securities watchdog is tightening its grip on IPO approvals and treasurers need to be forewarned and forearmed when it comes to floating a company
Non-listed companies with turnover of up to HK$100 million will have their credit information shared by lenders. That could push borrowing costs down – or up.
A local government’s dramatic U-turn over its loan guarantee commitments may have averted an immediate crisis, but the damage to China’s reputation in honouring contracts is harder to repair.
At a time when regulatory pressure has forced large Chinese conglomerates such as Wanda to wind back overseas acquisition, the forex regulator says Beijing is still open for business.
Only just over a third of companies are tooled up enough to run their own audit functions – and that’s already an increase of 16 percentage points on last year, a report finds.