CHINA SECURITIES REGULATORY COMMISSION

Securities / Derivatives

CSRC Grants QDII Status to Morgan Stanley Unit

By Editors | 25/01/2023

Morgan Stanley Huaxin Fund Management is the 10th asset manager to obtain QDII status, which allows firms to invest offshore for mainland investors.

Securities / Derivatives

CSRC Revises Rules for Securities Brokerage Businesses

By Editors | 24/01/2023

The rules strengthen requirements for firms to protect customers and implement transaction management and process controls.

Market Infrastructure

Exchanges Publish Draft Rules to Expand Stock Connect

By Editors | 20/01/2023

The draft rules cover changes to align the Mainland and Hong Kong’s trading calendars and expand the scope of stocks that can be traded via Stock Connect.

Securities / Derivatives

JPMorgan, StanChart Win New China Approvals

By Editors | 20/01/2023

JPMorgan won approval to take full ownership of its fund management venture. StanChart won approval to set up a new securities brokerage.

Securities / Derivatives

CSRC Optimises Rules for PE Funds by Securities, Futures Firms

By Editors | 19/01/2023

The rules are aimed at improving the ability of private equity investments to serve the real economy and support innovative businesses.

Market Infrastructure

China Set Out Plan to Develop Data Security Industry

By Editors | 18/01/2023

As part of the plan, FIs will be encouraged to invest in the field of data security and provide convenient and efficient financial services to the sector.

Fintech / Regtech

China Releases New Data Standards for Public Fund Disclosures

By Editors | 18/01/2023

Funds should use technology to standardise and digitise disclosures of information on publicly-offered securities investment funds.

Securities / Derivatives

Two Chinese Airlines to Voluntarily Delist from NYSE

By Sanday Chongo Kabange | 17/01/2023

The voluntary delistings are a recognition that Chinese state firms will be unable to provide US regulators full access to their audit records as required.

Securities / Derivatives

Schroders Wins Approval to Set Up Mutual Fund Unit in China

By Editors | 16/01/2023

The Schroders approval follows several other new approvals for foreign-owned mutual fund businesses, granted to Neuberger Berman, Fidelity International, and Manulife.