On Monday, eligible securities firms were for the first time allowed conduct margin trading and securities lending transactions on the Beijing Stock Exchange.
February 15, 2023BNP's asset management arm will own 51 percent stake in the venture while Agricultural Bank of China's wealth management unit owns the rest.
October 19, 2022The CSRC has issued warning letters to six securities companies, ordering them to correct violations involving their overseas subsidaries.
June 14, 2022Haitong is suspected of negligence and violations of law and regulations when it served as financial adviser on a deal to help a client on a backdoor listing deal.
September 10, 2021Goldman Sachs Gaohua Securities, Morgan Stanley Huaxin, and Credit Suisse Founder Securities made the list for the first time.
August 2, 2021The 29 firms that have entered the "white list" will receive lower levels of supervisory scrutiny and be allowed greater flexibility in their business processes.
June 2, 2021The CSRC said Haitong did not effectively control risk in its bond business dealings, which resulted in Yongcheng Coal's CNY 1 billion default.
March 25, 2021The three banks failed to conduct proper due diligence and verify cash that appeared to be abnormally restricted when underwriting Yongcheng Coal’s bonds.
January 22, 2021The breaches have been reported to the PBOC and CSRC, which are likely to issue penalties to Haitong Securities and its subsidiaries.
January 14, 2021SOE defaults could pave the way for increased transparency, faster resolutions and more predictable outcomes for investors in the long run.
December 3, 2020