On the last day of this year’s Boao Forum in Hainan, panelists representing areas of the financial markets discussed last summer’s stock market meltdown.
India equities among the areas earmarked for scaling back. Widespread talk of imminent job cuts at the British bank has some senior bankers already looking for an exit.
China plans to launch a registration-based system for IPOs on the Shanghai and Shenzhen stock exchanges, shifting approval powers from the securities regulator to bourses.