UniTrust Finance & Leasing Corporation, one of the largest foreign financial leasing companies in China, last week disclosed that the company plans to have RMB10 billion financing within two years, to diversify its equipment financing and leasing business, source reported. The capital raised shall be used to...

The Rules of Finance of Financial Enterprises has been approved by the ministerial working conference.

In accordance with Official Written Reply of the State Council to the General Rules of Enterprises Finance and the Accounting Criteria for Enterprises

Galaxy Entertainment Group Ltd<0027>, a casino operator controlled by the family of Hong Kong businessman Lui Che-woo, on Tuesday announced that it has completed the financing plan for its Cotai casino project in Macau, sources reported. In a statement filed with the Hong Kong Stock Exchange, the...

China Construction Bank Corp<601939><0939>, one of the country's Big Four state-owned commercial banks, may put its financing plan off until the beginning of next year, due to the uncertainty of the current market conditions, the Reuters reported last week, citing Guo Shuqing, president of the bank, as saying....

China's State Council has approved the financing plans of four major listed Chinese banks, the National Business Daily reported yesterday, citing unnamed sources familiar with the situation as saying....

China will make changes to taxes on resources and property at the proper time, according to a statement released by the Ministry of Finance on Tuesday. Few details were provided, but reforming the resource tax is listed among other tasks for this year in a lengthy statement released by the ministry. Reportedly, there...

The China Banking Regulatory Commission has approved the establishment of the country's first solely foreign-funded consumer finance company in Tianjin, sources reported.The new company will be founded by Czech company PPF Group N.V., one of the leading financial groups in central and eastern...

The China Banking Regulatory Commission, the country's top banking watchdog, yesterday approved the establishment of the nation's first three consumer financing companies , the official Xinhua News Agency reported, citing sources from the financial service authority of Shanghai's Pudong New Area as saying.The...

Panzhihua Iron & Steel (Group) Co, one of the largest steelmakers in western China, yesterday announced that it will issue 365-day financing bills on the interbank market on Nov. 2, sources reported.The company hopes to raise up to RMB 1 billion through the issuance.The financing bills will be issued at face value and...