Wu Dingfu

Lawyer Conflicts, ‘Minimum Life,’ China Banks: Compliance

Some defense lawyers need to pay closer attention to possible conflicts of interest when they represent both companies and their employees in front of the U.S. Securities and Exchange Commission, the agency’s top enforcement official said.

China Regulator Reshuffle Makes Shang Biggest Banks Watchdog

China moved its securities regulator Shang Fulin to head the nation’s banking watchdog, overseeing a 106 trillion-yuan ($17 trillion) industry that includes four of the world’s 10 largest lenders by market value.

China State-Bank Chiefs Quit Amid Speculation of Reshuffle

Agricultural Bank of China Ltd. Chairman Xiang Junbo and China Construction Bank Corp. Chairman Guo Shuqing resigned amid speculation that the government plans to appoint new financial regulators.

Shang to Replace Liu as China Banking Regulator, Reuters Reports

China may name new heads for the nation’s banking and insurance regulators as early as this week as the current chairmen have reached the compulsory retirement age of 65, Reuters reported, citing three people it didn’t name.

First-Quarter Profit of China Insurers May Have Risen 110%, Regulator Says

The combined first-quarter profit of China’s insurers may have risen 110 percent from a year earlier to 18 billion yuan, Wu Dingfu, Chairman of the China Insurance Regulatory Commission, said in a statement posted to the regulator’s Web site.

Hong Kong's Stocks Rise to Two-Month High as Oil Producers, Insurers Climb

Hong Kong stocks rose, sending the Hang Seng Index to its highest close in two months, as Chinese insurers gained and commodity producers advanced on higher oil and metal prices.

Yields Slide as Ping An Targets Corporate Bonds: China Credit

Yields on China’s corporate bonds are falling at a record pace relative to government debt as regulators allow insurance companies to boost their holdings of the securities.

China to Widen Insurer Investment Scope to Property, Unlisted Companies

China will allow insurers to invest in real estate and equities of unlisted companies and give them more freedom in stock-market investments, the China Insurance Regulatory Commission said.

Ping An Sees Little Improvement From Worst Year Since 2005

Ping An Insurance (Group) Co. , China’s second-largest insurer, is diversifying into property and private equity and increasing holdings in Chinese stocks to boost investment performance after its worst year since 2005.

China Stocks Gain Most This Month; Retailers, Power Producers Lead Advance

China’s stocks rallied the most this month as health-care and consumer-related companies gained on the prospect they will benefit from uncertainty over government measures to cool asset bubbles.

China

Xiang Junbo

Liu Mingkang

Shanghai

IRS Apologizes for Extra Scrutiny of Anti-Tax Groups

Treasury Yields At Six-Week High as Gross Says Bull Over

U.S. Stocks Fluctuate as Investors Consider Stimulus Pace

Gross Says Bond Bull Market Probably Ended April 29

Dollar Gain Spurs Commodity Plunge as S&P 500 Fluctuates