CHINA SECURITIES REGULATORY COMMISSION

Credit Suisse Halts Plans to Set Up Bank in China – Report

By Sanday Chongo Kabange | 02/06/2023

Credit Suisse had been preparing for years to set up a wholly owned local bank in China.

Crypto / Digital Assets

China Expands CBDC Usage to Investment and Capital Markets

By Mark Johnston | 30/05/2023

A project by Galaxy Securities and ICBC to use CBDC for investments is included in Beijing’s capital market fintech innovation trials.

Capital / Liquidity

EU Commission Grants Antitrust Approval for UBS-Credit Suisse Merger

By Editors | 29/05/2023

The UBS acquisition of Credit Suisse has been approved in the EU, but is being complicated in China by regulatory requirements.

Securities / Derivatives

CSRC Confirms Plans to Open More Futures Products to Foreign Investors

By Editors | 29/05/2023

Vice chairman Fang Xinghai said the CSRC plans to open more futures products to overseas investors and attract more foreign institutions to participate in the futures market.

Securities / Derivatives

CSRC Allows Morgan Stanley to Fully Own Futures Unit

By Editors | 28/05/2023

The new unit will be the second futures business in China to be wholly owned by a foreign bank, after JPMorgan Chase won a similar approval in 2020.

Market Infrastructure

Singapore, Shanghai Exchanges Sign MoU to Link ETF Markets

By Editors | 23/05/2023

A similar MoU was signed between SGX and SZSE in December 2021 which has led to three cross-market ETF listings.

Market Infrastructure

China Inaugurates New National Financial Regulator

By Editors | 19/05/2023

The NFRA absorbs the CBIRC in its entirety, and takes over certain functions from the PBOC and CSRC.

CSRC, PBOC Reduce Budget Allocations for Staff Salaries

By Editors | 19/05/2023

The changes are part of a drive to reduce income disparity as well as a broader overhaul of the financial regulatory system announced in March.

Securities / Derivatives

Shanghai Bourse to Launch Options on STAR Market ETF

By Sanday Chongo Kabange | 17/05/2023

The options will be linked to an ETF that tracks the biggest 50 stocks on the STAR Market. The options are expected to launch within weeks.