All Entries in the "China Securities Regulatory Commission (CSRC)" Category
China Regulator: More Futures and Derivatives Planned
The chairman of the China Securities Regulatory Commission (CSRC) vowed March 29 to develop the crude oil futures market and speed up creation of new financial derivatives. “The regulator will push the reform of the futures market at a faster pace in order to make it better serve the country’s economic growth,” Guo Shuqing, chairman [...]
CSRC to Open Securities to Pension Funds
Guo Shuqing, head of China’s top securities regulator, reiterated on Thursday his goal of opening stock investment to the country’s pension funds, which have largely been unmanaged with returns that hardly beat inflation. There would be an “active push for pension and housing provident funds to be invested in the securities market”, said the chairman [...]
China Speeds up Preparation of RQFII Scheme
The preparation for RMB Qualified Foreign Institutional Investors (RQFII) scheme has sped up following the slowdown of hot money inflow in October, said sources with the China Securities Regulatory Commission(CSRC). Relevant government departments, including the CSRC, the central bank and the State Administration of Foreign Exchange, have reached agreement on the RQFII mechanism, which allows [...]
Trading Houses Face Overhaul by Government
Electronic trading houses, which conduct transactions in commodities, artifacts and precious metals, have seen their numbers grow in the past five years from a few dozen to more than 300. But the boom could come to an abrupt end as the government pursues a drive against risky practices in the industry. This week, the State [...]
China Appoints New Securities Regulator
Shang Fulin, former chairman of China Securities Regulatory Commission (CSRC), has been appointed as chairman of China Banking Regulatory Commission, according to a spokesman with the Communist Party of China (CPC) Central Committee’s Organization Department on Saturday. Guo Shuqing, former board chairman of the China Construction Bank (CCB) and a former head of the State [...]
CSRC:Margin Trading, Short Selling Open to Brokerages
Domestic securities brokerages can now participate in margin trading and short selling after the China Securities Regulatory Commission announced to turn a pilot program into a regular business operation on August 19. The regulator removed the threshold of 5 billion yuan ($743.49 million) in net capital for brokerages to participate in the market. Financial institutions [...]
China Grants Seven QFII Licenses in First Half
The China Securities Regulatory Commission (CSRC), China’s top securities regulator, granted Qualified Foreign Institutional Investor (QFII) licences to four foreign institutional investors and three Taiwanese money managers in the first half of this year, Reuters reported. The foreign investors include Italian insurer Assicurazioni Generali SpA, French money manager Lyxor Asset Management, Spanish lender Banco Bilbao [...]
CSRC Approves Coke Futures Trading
China’s securities regulator announced Tuesday that it has approved coke futures trading on the Dalian Commodity Exchange. The Dalian Commodity Exchange has completed a preliminary design of coke futures contracts and drawn up strict rules on transactions, settlements and deliveries, said the China Securities Regulatory Commission (CSRC) in a statement on its website. Trading of [...]
China Regulator Approves Lead Futures Contracts
The Chinese securities regulator said on Thursday March 17 that it had approved lead futures contracts designed by the Shanghai Futures Exchange. The exact time to launch the trading is yet to be decided by the Shanghai Futures Exchange, according to a statement by the China Securities Regulatory Commission (CSRC). Shanghai Futures Exchange now does [...]
China Approves Launch of Lead Futures Trading
The Chinese securities regulator said February 19 that it has approved the trading of lead futures on Shanghai Futures Exchange. China approves launch of lead futures trading Draft issued on QFII index futures trading The Shanghai Futures Exchange had completed preliminary design of lead futures contracts and drawn up strict rules on transactions, settlements and [...]
