CHINA SECURITIES REGULATORY COMMISSION

Securities / Derivatives

China Launches Two New Facilities to Boost Stock Market

By Manesh Samtani | 18/10/2024

A new swap facility provides funding for securities firms, funds and insurers to invest in stock. A new relending facility will finance stock repurchases.

Capital / Liquidity

China Announces Series of Measures to Stimulate Economy

By Manesh Samtani | 27/09/2024

The measures seek to boost consumption, support the stock market, free up financial system liquidity, and boost bank capital.

Securities / Derivatives

CSRC Enhances Securities Industry Risk Control Indicator System

By Editors | 25/09/2024

The standards used by securities firms to calculate risk control indicators have been optimised and improved.

Enforcement

China Fines PwC $62m, Suspends Firm for Six Months

By Manesh Samtani | 14/09/2024

PwC’s China unit helped Evergrande’s mainland flagship unit, Hengda Real Estate Group, to overstate its revenue by CNY 564 billion from 2018 to 2020.

Enforcement

China Requiring Investment Bankers to Hand In Passports – Report

By Editors | 13/09/2024

Three high-profile investment bankers have been detained since August, amid intensified scrutiny of IPOs and other capital-raising activity.

Securities / Derivatives

CSRC to Bar Departing Senior Officials from IPOs for 10 Years

By Editors | 10/09/2024

The prohibitions would apply to CSRC and stock exchange officials, as well as their parents, spouses, children, and children’s spouses.

Securities / Derivatives

SFC Sets Rules for Distributing Research on Stock Connect ETFs

By Manesh Samtani | 10/09/2024

Hong Kong intermediaries are allowed to distribute research reports of eligible Mainland ETFs that are available in Hong Kong via Stock Connect.

Securities / Derivatives

China to Merge Two Top Securities Firms to Create Industry Giant

By Editors | 09/09/2024

Guotai Junan Securities and Haitong Securities will merge, subject to regulatory and shareholder approval, creating China’s largest brokerage firm.

Securities / Derivatives

China Securities Association Issues New Code of Professional Ethics

By Editors | 05/09/2024

Securities firms have until 31 March 2025 to update and improve their personnel management systems to comply with the revised Code.