CHINA SECURITIES REGULATORY COMMISSION

Securities / Derivatives

Beijing Stock Exchange Launches Market Making Business

By Editors | 21/02/2023

13 firms will participate in market making activities for 36 stocks. Two other authorised market makers are still engaged in preparatory work.

Capital / Liquidity

China Tightens Rules for ‘Major’ Money Market Funds

By Editors | 21/02/2023

Money market funds with over CNY 200 billion in net assets or over 50 million investors will have to meet additional regulatory requirements and enhance their ability to resist risks.

Securities / Derivatives

CSRC Issues New Rules for Overseas IPOs by Mainland Firms

By Editors | 20/02/2023

The rules allow companies to choose an overseas listing destination for their IPOs, but require them to first register the intention with the CSRC, which will vet the applications.

Market Infrastructure

China Implements Registration-based IPO System on Main Markets

By Editors | 19/02/2023

The new system simplifies the process for companies seeking to raise funds through mainboard listings on the Shanghai and Shenzhen stock exchanges.

Fintech / Regtech

China Trials Platform for Investors to Check Fund Holdings

By Editors | 17/02/2023

A “Fund E Account” platform will provide a “one-stop” service for individual investors to query information about all their holdings in public funds.

Securities / Derivatives

CSRC Seeks Assurances from Warburg Pincus for Local Acquisition

By Editors | 15/02/2023

Warburg Pincus is planning to acquire a 23.3 percent stake in Zhong Ou Asset Management Co from Italy’s Intesa Sanpaolo.

Fintech / Regtech

CSRC Releases Four New Standards for Securities Industry

By Editors | 14/02/2023

The standards include new penetrating testing guidelines which the CSRC says will strengthen the security of information systems in the industry.

Securities / Derivatives

Morgan Stanley Wins Approval to Fully Own China Fund Business

By Editors | 07/02/2023

Morgan Stanley Investment Management becomes the 7th foreign firm approved to fully own a domestic mutual fund business.

Market Infrastructure

China Launches Market Making for Exchange Bond Market

By Editors | 06/02/2023

The CSRC said market-making will help reduce liquidity premiums and issuance costs while also improving pricing efficiency in the exchange bond market.