The number of forest fires in the Brazilian Amazon last month rose 28 percent from July 2019, satellite data showed on Saturday. As an independent site, iDEALShanghai offers a superior view of dining, shopping, touring and living in local communities. Â Â Chief Executive of the HKSAR Carrie Lam on July 31 announced the postponement of the 2020 Legislative Council (LegCo) General Election of the HKSAR. Il est prévu pour … Shanghai Daily newspaper online.
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7,000 newspapers > China > Shanghai Daily's web ranking & review icluding circulation, readership, web ranking, coverage, format, print size, religious or political affiliation are included in the review. Autotalk Special. New registration-based system streamlines bond circulation. It provides latest information in Shanghai from governmental policies, economy. China Daily, established in 1981, is the only national English-language newspaper in China.
Source: Xinhua | 00:05 UTC+8 March 3, 2020 | Print Edition. Résultat, les accidents se multiplient. A Shanghai, on recense cette année plus de 269 morts dues à un accident de deux-roues, soit environ 40% des accidents mortels de … Source: Xinhua | Â Urumqi in northwest China's Xinjiang Uygur Autonomous Region has worked to ensure sufficient medicine and food supply amid a resurgence of COVID-19 infections. China's leading automaker FAW has gifted a truck of its flagship Jiefang brand to a driver who risked his life driving a burning truck away from a populated area. Benchmark. In 2008 China became the country with the largest population on the Internet and has remained so. New home prices slide 17.1% as supply rebounds.
About Shanghai Daily English online newspaper : Shanghai Daily newspaper is English language newspaper in China. Media. 00:05 UTC+8 March 3, 2020 Australia imposed an overnight curfew on Melbourne on Sunday and banned people from moving more than 5 kilometers from home in a bid to control a growing coronavirus outbreak. Tel: (8621) 5292 0024 Fax: (8621) 5292 1604 E-mail: subscription@shanghaidaily.com. As an independent site, iDEALShanghai offers a superior view of dining, shopping, touring and living in local communities.
China has made great strides in easing the financing strain on cash-starved businesses by replacing the approval-based corporate and enterprise bond issuance systems with one that is registration based.The top economic planner and securities watchdog announced that China would begin to implement a registration-based system for the public dispersion of enterprise and corporate bonds starting on Sunday.The National Development and Reform Commission will register the issuance of enterprise bonds in accordance with the law, clarifying that corporationsâ average distributable profits over the past three years must be sufficient to pay one year of interest.Issuers of the enterprise bonds should have a reasonable asset-debt structure and normal cash liquidity, with the raised funds encouraged to invest in projects that conform to the nationâs macro-control and industrial policies, the NDRC said.Under the registration-based system, the issuance period of enterprise bonds is expected to be reduced to two weeks, down from two to six months under the approval-based system, according to financial-information provider Wind.Issuance procedures have also been streamlined, to the glee of bond issuers, Wind said, quoting industry insiders.Moreover, the requirements for information disclosure and responsibilities of intermediaries, including underwriting institutions, credit-rating agencies and accounting firms, have been strengthened under the new rule.For the issuance of corporate bonds, the China Securities Regulatory Commission said in a separate circular that the Shanghai and Shenzhen stock exchanges will process and examine the public listings and report them to the commission for registration procedures.Requesting the two exchanges clarify verification standards and procedures, listing requirements, means of trading and other related matters, the CSRC said it will intensify the supervision of corporate-bond issuers, strengthen the responsibilities of intermediary agencies and protect investorsâ legitimate rights and interests.The new wrule waives the requirement for the issuerâs minimum net assets and stipulates its accumulated bond balance shall not exceed 40 percent of its net assets.The rule also adjusts the application conditions for listing corporate bonds, removing the requirement that the term of corporate bonds must be more than one year.With the implementation of the new rules, experts expect corporationsâ financing costs to decrease and the bond-issuance scale to increase, strengthening the bond marketâs direct-financing provision.The new rules will have a positive effect on the operations of Chinaâs bond market and are conducive to improving the financing environment, preventing financial risks and promoting high-quality development of the financial market, said Ming Ming, an analyst with CITIC Securities.In addition, the new rules will greatly mitigate current financing difficulties facing businesses amid the coronavirus epidemic, as well as boost financing support for the real economy, Ming said.Chinaâs revised Securities Law went into effect on the same day, a milestone in the reform of the countryâs capital-market.
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