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By Addison Gong 12 Mar 2021 In this round-up, Chinese premier Li Keqiang defends Beijing’s ‘above 6%’ annual GDP growth target, China’s exports soar during the first two months of the year, and the securities regulator is reportedly planning to increase scrutiny on IPOs in Shanghai’s Star market. The National People’s Congress approved the government’s 14th ‘five year plan’ for the 2020-2025 period on Thursday. The plan, the draft of which was released at the end of last week, incorporates national development goals, but unlike previous years, China did not set a numeric ta...

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Great Thunder Gold Corp.: Great Thunder Gold Receives DTC Eligibility Approval Vancouver, British Columbia--(Newsfile Corp. - February 25, 2021) - Great Thunder Gold Corp. (CSE: GTG) (OTC: GTGFF) (FSE: M4KQ) ("Great Thunder" or the "Company") is pleased to announce that its common shares are now eligible for settlements through the Depository Trust Company ("DTC"), a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly-traded companies in the United States. Great Thunder's common shares are now fully DTC eligible and will continu...

Starting this year, listed companies and stock affairs institutions need to unveil the results of electronic voting a day before annual shareholders’ meetings, the Financial Supervisory Commission (FSC) said on Tuesday as part of its efforts to achieve information transparency for investors. The requirement is to take effect after the commission approves an amendment to the Regulations Governing the Administration of Shareholder Services of Public Companies (公開發行股票公司股務處理準則) next month at the earliest, Securities and Futures Bureau Deputy Director-General Tsai Li-l...

Stock trades to clear in a day under clearinghouse proposal Bloomberg Bloomberg The clearinghouse that played a role in last month's Reddit-fueled market frenzy is proposing that settlement times for U.S. stock trades be cut in half — from two days to one — by 2023. Depository Trust & Clearing Corp. offered a blueprint for speeding up the process in a white paper published Wednesday. The behind-the-scenes system underlying any trade — where buyers and sellers exchange cash for securities — was thrust into the spotlight after retail investors coordinated on Reddit to bid up GameStop Co...