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Free AccessMNI DATA FORECASTS: Fed, BOE, UK CPI In Focus
MNI: PBOC Yuan Parity Lower At 7.1736 Monday; -3.47% Y/Y
MNI: PBOC Injects Net 29 Bln Via OMO Monday; Rates Unchanged
MNI China Press Digest Sep 18: Rate Cut, ASEAN, A-shares
MNI: China CFETS Yuan Index Up 0.74% In Week of Sep 15
MNI BRIEF: China's Ant Must Adhere To Finc'l Rules: Regulator
Chinese financial regulators require Ant Group, the fin-tech arm of internet giants Aliababa, to register as financial holding company, said Pan Gongsheng, the deputy governor of People's Bank of China said on Monday. The Ant Group should improve measures to isolate financial risks regulate related transactions, said Pan according to a statement published by PBOC.
Pan said that the regulator has stuck to the principles of fair supervision and tough supervision and technology cannot be the cover for unregulated activities.
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