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China's capital market opening-up is gathering speed as foreign capital will be allowed to wholly own mutual fund management companies starting April 1, a year ahead of schedule, the top securities regulator said on Friday.

China's banking and insurance regulator has started a formal investigation into Bank of China Ltd's recent loss on a crude oil futures trading product, the Beijing-based Financial News said on Wednesday.

China won the final 6-5 against Norway, clinching its first gold medal.

China's central SOEs also have enhanced awareness of environmental protection alongside their overseas operations, the report shows. About 60 percent have set up a related mechanism to ensure environmental protection, up from 52 percent in 2018.

China will ensure that these measures are materialized and at the same time make more moves toward further opening up, including accelerating the opening-up of the insurance industry, easing restrictions on the establishment of foreign financial institutions in China and expanding their business scope, and opening up more areas of cooperation between Chinese and foreign financial markets.