Walter Hutchens’ Blog

Here’s a report on remarks of CSRC chairman Shang Fulin at a meeting in Shanghai. The official in charge of the listed companies supervision dept. of the CSRC also gave a speech at the conference.

An interesting article from FinanceAsia.com describes the grim situation of China’s stock markets and the predicaments faced by their regulators.

Another story quotes Cheng Siwei, an important NPC figure (though he said he was speaking as a “scholar”), opining on four principles that ought to be followed in capital market development. The first one is that stock market development should observe socialist principles. I stopped reading after that, though Dow Jones reported Cheng touted establishing a high-tech section of the Shenzhen exchange.

The Shanghai Stock Exchange has new regs on large transactions.

New regs today from the State Administration of Foreign Exchange.

FinanceAsia.com also has a commentary on the RMB revaluation issue.