China Daily: China might unveil new financial rules soon - Reuters

As reported by Reuters, China may be unveiling new financial asset management rules, according to the China Daily newspaper.

Key highlights

China Daily states that China is "days away" from revealing new governing rules on the Chinese asset management industry.

Traders across markets have been waiting the final release of China's new ruleset for the $15 trillion domestic asset management sector.

The new rules were approved in March.

The unveiling represents another step in China's Xi Jinping's crackdown on risk in the Chinese financial system.