Securities firms would be eligible to act as market-makers if they have net capital above CNY 10 billion and a classification rating of Class A or higher.
January 10, 2022The outstanding balance of short-term financing instruments issued by securities companies shall not exceed 60 percent of net capital.
August 2, 2021Short-term bonds issued by securities firms will subject to a limit of 60% of net capital. The eligibility criteria have also been strengthened.
March 10, 2021The FSC expects the regulatory relaxations will boost financial institutions’ capacity to provide up to 400 trillion won in additional financing to businesses.
April 20, 2020The regulator has fixed the minimum net capital for commercial lenders' wealth management subsidiaries at 500 million yuan, and at least 40 percent of the net assets.
December 6, 2019CEFC Shanghai Securities Co used its own and client funds to provide financing to its parent and other affiliated companies for purchasing and leasing properties.
November 18, 2019