China Securities Regulatory Commission

Securities / Derivatives

China to Resume Approvals for Domestically Funded Securities Firms

By Editors | 07/07/2019

All newly approved brokerages since 2008 have been joint ventures between domestic and foreign investors. But market access should also be broadened to domestic investors, the CSRC says.

Market Infrastructure

China to Trial Discretionary Control for Investment Advisers

By Editors | 06/07/2019

Participating companies will be allowed to take full discretionary control of their clients’ investments, and charge fees based on AUM and performance.

Enforcement

SFC Gains Access to Mainland Audit Papers for Investigations

By Editors | 04/07/2019

The MOF and CSRC agree to provide the “fullest assistance” in response to SFC requests for investigative assistance regarding the provision of audit working papers.

Market Infrastructure

China-Japan Cross-Border ETFs Start Trading

By Editors | 28/06/2019

Eight new cross-border ETFs have started trading on the Shanghai and Tokyo stock exchanges, just days after FTSE Russell started including China A shares in its indexes.

Securities / Derivatives

CSRC Allows Funds to Engage in Securities Lending

By Editors | 27/06/2019

Certain funds can lend stocks to the state-owned China Securities Finance Corp, which can then lend to brokers, who facilitate investor short selling.

Enforcement

Hong Kong SFC Releases 2018-19 Annual Report

By Editors | 24/06/2019

The SFC is working to introduce an investor identification regime for southbound Stock Connect trading in mid-2019, and considering adopting a market-wide circuit breaker mechanism.

Market Infrastructure

CSRC, PBOC Ask Leading Brokers to Support Smaller Peers

By Editors | 19/06/2019

Nine leading brokerages and fund managers have reportedly been asked to provide liquidity support to smaller securities firms and funds to help ease cash shortfalls.

Securities / Derivatives

SSE Issues Rules to Curb Abnormal Trading on New Board

By Editors | 19/06/2019

The rules are aimed at preventing large market fluctuations, while maintaining market liquidity, the Shanghai Stock Exchange said.

Market Infrastructure

CSRC, FCA Officially Launch Shanghai-London Stock Connect

By Editors | 18/06/2019

The Shanghai-London Stock Connect has opened for business, allowing listed companies in Shanghai and London to issue depositary receipts in each other’s markets.