CHINA SECURITIES REGULATORY COMMISSION

Enforcement

China Regulators Release First Half Enforcement Stats

By Manesh Samtani | 27/07/2018

During H1 2018, CBIRC fined 798 banks and banned 175 banker as part of its crackdown on risk; meanwhile, CSRC launched 307 investigations and initiated 108 new cases.

Securities / Derivatives

CSRC Mulls Loosening Restrictions on Stock Index Futures

By Garima Chitkara | 26/07/2018

CSRC Vice Chairman Fang Xinghai indicated in a speech in Shanghai that the regulator is looking to ease margin requirements and position limits on stock index futures trading.

Enforcement

Beijing High Court Overturns CSRC Fine in Insider Trading Case

By Mark Pufpaff | 20/07/2018

The court overturned a ¥130mn fine due to lack of testimony from the person who allegedly provided the key deal information in the case.

Securities / Derivatives

The Hong Kong-China Stock (Dis)Connect

By Peter Guy | 20/07/2018

The battle for large cap tech listings between HKEX and mainland exchanges ignited over Xiaomi this week, indicating that China’s strategic goal might be to prevent home-grown, multi-billion dollar “unicorn” companies from seeking listings on any overseas markets – including Hong Kong.

Securities / Derivatives

China Further Opens A-shares Market to Foreign Investors

By Garima Chitkara | 09/07/2018

CSRC has received tentative State Council approval to allow foreign individuals living in China or working abroad for listed A-share companies to open domestic securities accounts.

Enforcement

UPDATED – Former CSRC Vice Chairman Pleads Guilty to Bribery, Insider Trading

By Emma Zhou | 06/07/2018

Yao Gang charged with taking advantage of his position, accepting money and gifts, and insider trading; two other CSRC officials also charged

Securities / Derivatives

Mainland Investors Gain Access to HK Stock Research

By Manesh Samtani | 04/07/2018

New rules enable better access to research reports and advice on HK-listed stocks, and opportunities for HK securities firms to distribute their research through mainland firms.

Market Infrastructure

Hong Kong SFC Releases 2017-18 Annual Report

By Manesh Samtani | 02/07/2018

Highlights for the year include progress on MIC regime, guidance on online trading platforms, and regulatory collaboration with other agencies.

Securities / Derivatives

First CDR Applicant Xiaomi Postpones Mainland Listing

By Garima Chitkara | 20/06/2018

Xiaomi, the first applicant for China’s Depository Receipt programme has decided to put its CDR offering on hold until after its Hong Kong IPO later this month.