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Shenzhen Financial Regulatory Bureau fined CITIC Bank’s Shenzhen branch 1.2 million yuan and confiscated 82,166.67 yuan in illegal gains for noncompliant sources of bank-acceptance-bill margin and inadequate trade-background checks on letters of cred

2026-06-18

Shenzhen Financial Regulatory Bureau fined CITIC Bank’s Shenzhen branch 1.2 million yuan and confiscated 82,166.67 yuan in illegal gains for noncompliant sources of bank-acceptance-bill margin and inadequate trade-background checks on letters of credit; three responsible managers were issued warnings.

Other News
2026-06-18

Following the Bank of England's interest rate decision, the pound fell slightly by 12 points against the dollar (GBP/USD), currently trading at 1.3225.

Following the Bank of England's interest rate decision, the pound fell slightly by 12 points against the dollar (GBP/USD), currently trading at 1.3225.
2026-06-18

At the morning close, China's front-month futures were mostly lower. Coking coal fell more than 6%, lithium carbonate nearly 5% and coke over 4%; eggs and fuel oil declined over 3%, methanol nearly 3%, and platinum and Shanghai tin were down more tha

At the morning close, China's front-month futures were mostly lower. Coking coal fell more than 6%, lithium carbonate nearly 5% and coke over 4%; eggs and fuel oil declined over 3%, methanol nearly 3%, and platinum and Shanghai tin were down more than 2%. On the upside, low-sulfur fuel oil (LU), PTA, para-xylene and Asia-Europe container freight rose over 1%, while short fiber gained about 1%.
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