CHINA SECURITIES REGULATORY COMMISSION

Securities / Derivatives

CSRC to Introduce Market Makers to Shanghai STAR Market

By Manesh Samtani | 09/01/2022

Securities firms would be eligible to act as market-makers if they have net capital above CNY 10 billion and a classification rating of Class A or higher.

China to Tighten Rules on Online Marketing of Financial Products

By Manesh Samtani | 06/01/2022

The requirements cover the accuracy of information disclosed and cooperative arrangements between FIs and internet platform companies.

Market Infrastructure

China’s Rules on Cybersecurity Reviews to Take Effect in Mid-Feb

By Manesh Samtani | 06/01/2022

The final rules, proposed in July, require companies holding personal data of more than one million users to undergo a cybersecurity review before they can list overseas.

Securities / Derivatives

Morgan Stanley Closer to Full Ownership of China Brokerage

By Sanday Chongo Kabange | 03/01/2022

Morgan Stanley will increase its stake in its China securities joint venture to 94 percent, subject to regulatory approvals.

Securities / Derivatives

CSRC Drafts New Rules for Domestic Firms Seeking Overseas IPOs

By Manesh Samtani | 29/12/2021

Companies seeking overseas listings, including those with VIE structures, will have to first register with the CSRC. International banks underwriting such listings must also register.

Market Infrastructure

Hong Kong, Mainland Exchanges to Include ETFs in Stock Connect

By Editors | 28/12/2021

Eligible ETFs will be included in Stock Connect. Business and technical preparations are expected to take about six months to complete.

Securities / Derivatives

US Bourses Explore IPOs from SE Asia Amid Chinese Withdrawal

By Sanday Chongo Kabange | 24/12/2021

Continued regulatory scrutiny from Chinese and US regulators has reportedly compelled US exchanges to explore IPO hopefuls from India, Indonesia, Vietnam and Malaysia.

Securities / Derivatives

CSRC to Bar Mainlanders from Using Northbound Stock Connect

By Sanday Chongo Kabange | 22/12/2021

A CSRC rule amendment will specify that mainland investors are not to be included as qualified investors in the northbound legs of Stock Connect.

Enforcement

CSRC Launches Inspections at Financial Asset Exchanges

By Editors | 22/12/2021

Some exchanges were found to be illegally facilitating financing for property developers through the issuance of non-standard debt financing products.