Xiang Junbo

Xiang Junbo News

  • ‘Too-Big’ Insurers, Loss Absorbency, SAC: Compliance

    The Financial Stability Board said an extended version of its guidance on the resolution of systemically important banks will apply to non-bank financial institutions, such as Allianz SE and other large insurers.

  • China to Expand Insurers’ Investment Scope, Regulator Says

    China will broaden the investment scope of insurers and simplify approval procedures to boost the industry’s support to the nation’s economic growth, the insurance regulator said.

  • China Names Chiefs at Banking, Insurance Regulators, Xinhua Says

    Shang Fulin was appointed chairman and communist party secretary of China Banking Regulatory Commission, the state news agency Xinhua said, citing unnamed spokesperson from the government’s Orgnization Department. Guo Shuqing was named chairman and communist party secretary of China Securities Regulatory Commission. Xiang Junbo has been appointed chairman of China Insurance Regulatory Commission.

  • China’s Insurance Industry Faces Challenges, Regulator Says

    China’s insurance industry faces greater challenges in 2012 and insurers should seek ways to boost their capital, said Xiang Junbo, chairman of the country’s Insurance Regulatory Commission.

  • 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.

  • China Boom-to-Bust Concerns Revealed in Agricultural Bank Slide

    Kerry Stokes made his first billion dollars operating television stations and selling dump trucks in his native Australia. Now, he’s betting a chunk of that fortune on a bank that operates in the backwaters of rural China.

  • Ctrip Tops Worst Weekly Drop in 2 Months: China Overnight

    Chinese equities in New York dropped, extending the longest stretch of declines since November. Ctrip.com International Ltd. tumbled on concern plans to offer discounted plane tickets will reduce profit.

  • China's AgriBank Said to Seek $11.4 Billion H.K. IPO

    Agricultural Bank of China Ltd. , the country’s largest lender by customers, will seek to raise as much as HK$88.4 billion ($11.4 billion) in the Hong Kong portion of its initial public offering, according to three people with knowledge of the price range.

  • China's Government Wants Agricultural Bank to Postpone IPO, SCMP Reports

    China’s Ministry of Finance and Central Huijin Investment Co., the two main shareholders of Agricultural Bank of China, want the lender to delay a planned share sale on concern there isn’t enough interest, the South China Morning Post reported, citing two unidentified people involved in the offering.

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