CHINA SECURITIES REGULATORY COMMISSION

    China Allows Nonbank Creditors to Initiate Creditor Committees

    By Editors | 20/01/2021

    To date, only bank creditors have been allowed to initiate the establishment of creditor committees, while nonbank financial institutions were often excluded.

    Securities / Derivatives

    China Approves Peanut Futures Trading Starting 1 February

    By Editors | 18/01/2021

    China is also planning to launch new commodity derivatives in natural gas and refined oil, among a host of other futures products in the pipeline.

    Sponsored Content

    New Rules for Private Equity Funds Take Effect in China

    By Editors | 14/01/2021

    The rules prohibit the use of private equity funds as vehicles for public fundraising, explicitly allowing them to only be offered to qualified investors.

    Enforcement

    NAFMII Identifies Regulatory Breaches at Haitong Securities

    By Editors | 14/01/2021

    The breaches have been reported to the PBOC and CSRC, which are likely to issue penalties to Haitong Securities and its subsidiaries.

    Securities / Derivatives

    CSRC Issues Final Rules on Convertible Corporate Bonds

    By Editors | 11/01/2021

    The rules require trading venues to improve trading rules, enhance risk monitoring, and establish appropriate investor suitability and information disclosure rules.

    Enforcement

    Chinese Court Orders Ratings Firm to Compensate Bond Creditors

    By Editors | 07/01/2021

    The court held Dagong Global Credit Rating, its controller, underwriter, accounting firm, and law firm jointly responsible for defaults by a construction company three years ago.

    Securities / Derivatives

    Shanghai, Shenzhen Bourses Implement Revised Delisting Rules

    By Editors | 05/01/2021

    The exchange amended the rules in response to complaints that the delisting thresholds were too high to be effective in deterring fraud.

    Securities / Derivatives

    UPDATED – NYSE Commences, Then Halts Delisting of Chinese Companies

    By Editors | 05/01/2021

    NYSE will no longer delist the ADRs of China Telecom, China Mobile and China Unicom “in light of further consultation with relevant regulatory authorities”.

    Securities / Derivatives

    China Unifies Disclosure Requirements for Corporate Bond Issuance

    By Editors | 03/01/2021

    The rules apply to companies issuing enterprise debt financing instruments, corporate bonds and enterprise bonds, whether in the interbank market or on exchanges.

    Securities / Derivatives

    Daiwa Securities Joint Venture Granted Beijing Business Licence

    By Editors | 03/01/2021

    The business licence makes Daiwa Securities (China) Co Ltd the fourth foreign-owned joint venture securities firm in Beijing.

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