(Yicai Global) Aug. 5 -- Below is a roundup of Yicai Global's top financial, business and markets news on China last week. 

The Shanghai Stock Exchange issued 86 documents regarding listed companies' violations on information disclosure in the first half of this year, the bourse announced on July 30. The number involved 41 firms and nearly 200 individuals, both of which were more than last year.

Chinese online video firm Baofeng Group confirmed the reason police have detained its Chairman Feng Xin is alleged bribery of non-government workers, the Beijing-based firm announced on July 31. The company has not received notice that police will investigate the company itself.

The People's Bank of China will increase its t re-loan quota by CNY50 billion (USD7.2 billion) to support small and micro-sized privately owned firms. At the end of June, the related national balance more than doubled to CNY226.7 billion from the previous year. 

China's manufacturing purchasing managers' index rose by 0.3 percentage points on the month to 49.7 in July, climbing for the first time since April this year but still below the 50 point threshold that represents expansion, the National Bureau of Statistics announced on July 31. The new order index was up 0.2 point at 49.8, ending a three-month slide and the new export order index jumped 0.6 point to 46.9. 

As of July 29, China's wholesale pork prices rose to CNY24.35 (USD3.50) per kilogram, the highest since 2013, caused by outbreaks of African swine fever, according to data from the Ministry of Agriculture and Rural Affairs.

Multiple Chinese banks have increased their interest rates to control their lending quotas regarding property development, land transfers, and mortgages for those who buy their first or second homes, according to insiders in various commercial banks in southern Guangzhou and eastern Hangzhou.

Some 174 Chinese companies have conducted CNY33 billion worth of share buybacks in July, a far higher value than during the same period of last year. Chinese firms have bought more than CNY100 billion worth of their own shares to buoy market capitalizations since the beginning of this year. 

The Shanghai Composite Index dropped 2.60 percent over the week to 2,867.84 points. The Shenzhen Component Index pared 2.3 percent to 9,136.46 points. The ChiNext Index decreased 0.3 percent to close at 1,556.74 points.

Editor: Emmi Laine