ADVERTISEMENT
Securities / Derivatives
CSRC to Allow Listed Companies to IPO Spinoff Units
By Editors | 26/08/2019
Under draft rules, parent companies must meet certain conditions to list spinoff units, including requirements to have been listed, and profitable, for at least the last three years.
Enforcement
AMAC Targets Illegal Fundraising by Fund Managers
By Editors | 25/08/2019
Some managers of privately-offered funds are using capital intended for specific investments on themselves or to illegally operate P2P lending businesses.
Securities / Derivatives
SZSE ChiNext Board to Adopt Registration Based IPO System
By Editors | 22/08/2019
Shenzhen’s ChiNext board has begun work to prepare for adoption of a registration-based IPO system, currently in use at Shanghai’s new tech board.
Market Infrastructure
Goldman Files Application to Control China Securities JV
By Editors | 22/08/2019
Goldman is seeking to bring its China business in line with its operations in other parts of the world – as its local partner folds its operations into the joint venture.
Enforcement
CSRC Fines Four Individuals for Spreading False News
By Editors | 22/08/2019
The individuals, including a news editor, were fined for spreading ‘fabricated’ news that the CSRC blames for stock market declines in late January.
Market Infrastructure
China Levels Playing Field for Foreign Asset Managers
By AsianInvestor | 20/08/2019
By enlarging their investment scopes, the regulator is also paving the way for them to expand their businesses in China.
Market Infrastructure
Opening Up China’s Futures Market: A Consistent Message
By Manesh Samtani | 12/08/2019
Since the start of this year, Chinese regulators have been consistent about a plan to opening up the futures market to foreign investors.
Securities / Derivatives
China Relaxes ‘One Size Fits All’ Margin Financing Rules
By Editors | 12/08/2019
Brokerage firms can set lower thresholds before margin calls need to be initiated, and can accept additional forms of collateral to make up any shortfalls.
Enforcement
CSRC Imposes Six-Month Business Restriction on GF Securities
By Editors | 09/08/2019
The CSRC cited risk management and control deficiencies as reasons for the restrictions, after a hedge fund set up by the broker reported losses of $139mn for 2018.
Securities / Derivatives
China Allows Banks to Trade Bonds Via Stock Exchanges
By Editors | 08/08/2019
Currently, Chinese banks mostly trade bonds only in the interbank market. The move will increase their allowed scope for bond investments and improve the real economy’s access to financing.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team