China Securities Regulatory Commission

Securities / Derivatives

China Doubles QFII Quota to Boost Foreign Investment

By Editors | 15/01/2019

China will double the quota from the current $150bn, despite having only granted $101.1bn in quotas to foreign investors as of December.

Market Infrastructure

Citi to Divest Stake in Mainland Securities Joint Venture

By Editors | 10/01/2019

Citi is looking to form its own majority-owned securities joint venture in China following new rules allowing foreign firms to acquire controlling stakes in such partnerships.

Market Infrastructure

China Mulls New Rules to Prevent Conflict of Interest at Ratings Agencies

By Editors | 09/01/2019

The new rules would prohibit firms from providing consulting services to companies they rate and require disclosures of any conflicts of interests.

Enforcement

China Securities Regulator Breaks Record with 2018 Penalties

By Editors | 08/01/2019

The CSRC imposed fines of over $1.55bn in 2018, with the largest number of cases relating to insider trading, illegal disclosures and market manipulation.

Securities / Derivatives

Chinese Bourses Limit Stock Suspensions to 10 Trading Days

By Editors | 01/01/2019

The 10 day limit for stock suspensions compares to three months allowed previously for major asset restructurings, and up to five or six months in other cases.

Market Infrastructure

UPDATED – China’s Asset Management Sector Set for Shake-Up

By Manesh Samtani | 28/12/2018

Up to 22 banks have announced plans to set up new wealth management subsidiaries which could end up taking market share from asset management firms.

Securities / Derivatives

China Exempts Mainland Investors from Tax on Hong Kong Funds

By Editors | 19/12/2018

Chinese regulators have applied a one year income tax exemption for mainland investors buying and selling Hong Kong funds through the mutual recognition of funds scheme.

AML / KYC

Stock Connect to Introduce Investor ID Regime for Southbound Trading

By Editors | 17/12/2018

Launched on 26 September for northbound trading, the investor identification regime will be introduced for southbound trading by the end of Q1 2019.

Market Infrastructure

Shanghai-London Stock Connect Launch Delayed – Report

By Editors | 07/12/2018

The launch has reportedly been delayed in connection with a Brexit parliamentary vote and a lack of clarity from Chinese regulators on technical issues.