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AML / KYC
CSRC Official Faces Criminal Prosecution for Corruption
By Editors | 15/01/2023
The former head of the CSRC’s Shandong branch was found to have accepted gifts and bribes and engaged in illegal stock trading.
Securities / Derivatives
CSRC to Prevent IPOs from Firms in Non-Strategic Sectors
By Editors | 11/01/2023
The move is aimed at channelling resources into sectors that align with the national agenda, such as information technology and advanced manufacturing.
Securities / Derivatives
CSRC Proposes New Position Management Rules for Futures Market
By Editors | 04/01/2023
The proposed rules empower futures exchanges to impose position limits and reporting requirements on market participants. Position limit exemptions may be granted for hedging activities.
Enforcement
CSRC Bars Two Online Brokers from Onboarding Mainland Investors
By Editors | 04/01/2023
Futu Holdings and Tiger Brokers have been offering offshore trading services to mainland clients though they are not licensed in China.
Securities / Derivatives
CSRC Proposes Enhanced Rules for Stock Options Trading
By Editors | 03/01/2023
The rules allow futures companies to conduct market-making activities for stock options and require stock exchanges to supervise programmatic trading activities.
Securities / Derivatives
Dalian Exchange Opens Soy Derivatives to Foreign Traders
By Editors | 03/01/2023
Foreign investors can trade futures and options in No 1 Soybean, No 2 Soybean, Soybean meal, and Soybean oil.
Enforcement
China to Crack Down on Illegal Stock Recommendations
By Editors | 30/12/2022
Regulators are targeting online information, accounts, website platforms and mobile apps being used to make stock recommendations illegally.
Securities / Derivatives
CSRC to Allow Backdoor Listings by Property Developers
By Editors | 27/12/2022
The measure is one of several outlined at a recent meeting to bolster the property sector and the capital market in the year ahead.
Securities / Derivatives
SHFE Launches Trading in Steel Rebar, Silver Options
By Editors | 27/12/2022
Rebar futures were listed as early as 2009, and silver futures in 2012. With the two new options products, SHFE now offers 20 futures varieties and 8 options varieties.
Securities / Derivatives
Guangzhou Futures Exchange Launches Silicon Derivatives
By Editors | 23/12/2022
GFEX is the world’s first exchange to trade silicon derivatives. This is also the exchange’s first product launch.
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