CHINA SECURITIES REGULATORY COMMISSION

Securities / Derivatives

CSRC Adds More Securities Lending Curbs to Boost Stock Market

By Manesh Samtani | 29/01/2024

Shareholders are no longer allowed to lend shares during their lock-up period. Borrowed shares will no longer be available on the same day.

Securities / Derivatives

China Announces RRR Cut, Other Measures to Boost Stock Market

By Manesh Samtani | 24/01/2024

Besides the 50bp RRR cut for banks, regulators pledged to bolster investment returns and incentivise SOEs to improve share price performance.

Enforcement

CSRC Fines Three Executives for Stock Price Manipulation

By Sanday Chongo Kabange | 16/01/2024

Following its investigation, the CSRC has imposed a total fine of CNY 661 million.

Securities / Derivatives

Beijing Stock Exchange Commences Corporate Bond Trading

By Nithya Subramanian | 16/01/2024

Three bonds raised a combined CNY 2.48 billion; enterprise bond trading on the BSE is expected to broaden China’s capital markets.

Securities / Derivatives

China Allows Funds to Be Net Sellers of Equity – Report

By Editors | 09/01/2024

The policy shift reverses window guidance issued last year asking funds to avoid being net sellers of equities on any trading day.

Securities / Derivatives

AllianceBernstein Wins Approval to Launch China Funds Business

By Editors | 04/01/2024

The approval makes AllianceBernstein the fifth foreign-owned asset manager to win authorisation to start operating mutual funds in China.

Enforcement

Shanghai Court Settles China’s First Securities Class Action Lawsuit

By Editors | 28/12/2023

The court ordered Essence Information Technology to pay more than CNY 280 million to a total 7,195 investors.

Securities / Derivatives

CSRC Calls for Higher Dividends, Share Buybacks by Listed Companies

By Editors | 18/12/2023

Listed companies are asked to increase the frequency and amounts of their dividend payouts, and to boost share buybacks to “safeguard company value”.

Securities / Derivatives

China to Consider Launch of First Saudi-Focused Mutual Fund

By Editors | 17/12/2023

Huatai-PineBridge Fund Management is seeking approval to launch a mutual fund for Chinese investors that tracks the Saudi market.