CHINA SECURITIES REGULATORY COMMISSION

Securities / Derivatives

CSRC Plans Reforms to Drive Better Dividend Payouts by Listed Companies

By Editors | 22/09/2023

Companies that don’t pay dividends will be required to justify these decisions, and restrictions on stock sales may be imposed on their controlling shareholders.

Securities / Derivatives

SHFE Approves Citi as Futures Margin Depository Bank

By Manesh Samtani | 15/09/2023

The approval is the first granted to a US bank. It allows Citi to provide futures margin depository services to QFI clients trading in China’s commodity derivatives market.

Securities / Derivatives

China to Provide Guarantees on Private Enterprise Bonds

By Editors | 15/09/2023

China Securities Finance indicated it would work to provide more credit enhancement support to private enterprises to support bond financing.

Securities / Derivatives

CSRC Expands Scope of Assets Allowed in Infrastructure REITs

By Editors | 13/09/2023

Infrastructure REITs can include “consumer infrastructure” assets – including department stores, shopping malls, and farmers’ markets.

Securities / Derivatives

CSRC Proposes Rule Revisions for Corporate Bond Issuance

By Editors | 08/09/2023

Land and environmental impact assessments must be provided if the funds raised from bonds are invested in fixed asset investment projects.

China NDRC Establishes Private Economy Development Bureau

By Editors | 05/09/2023

The NDRC is also encouraging big banks to consider financing private projects and pushing for the establishment of private sector infrastructure REITs.

Fintech / Regtech

China Enhances Monitoring of Programme Trading in Stock Market

By Editors | 05/09/2023

The enhanced monitoring programme seeks to address concerns over rising algorithmic trade-driven market volatility.

Securities / Derivatives

CSRC Approves Fund Sales Licence for HSBC Subsidiary

By Editors | 04/09/2023

The HSBC subsidiary becomes the first wealth management firm to hold both an insurance brokerage and a fund sales licence in China.

Capital / Liquidity

PBOC Cuts FX Reserve Requirement, Eases Mortgage Policies

By Manesh Samtani | 04/09/2023

The measures are part of efforts to support the economy, the property sector, and the Chinese yuan.