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Securities Regulation

All articles tagged with #securities regulation

financeeconomy1 year ago•2 min saved

"China's Market Regulator Overhaul: Xi's Focus on Control Amid Stock Market Meltdown"

Chinese President Xi Jinping's decision to replace the head of the China Securities Regulatory Commission reflects a focus on tightening administrative controls rather than addressing core economic challenges, as the country's stock markets continue to struggle. The move comes amid significant market losses and a lack of clarity on policy direction, with analysts emphasizing the need for economic reforms to bolster investor confidence and support a convincing recovery. The unexpected personnel change signals Xi's prioritization of control, raising concerns about the potential impact on China's economy and the need for more extreme measures in the face of systemic financial risks.

via Business Insider|

#china #economic-reform #financeeconomy

finance1 year ago•4 min saved

"China's Swift Market Reassurance: New Regulator and Developer Financing"

China's main securities regulator chairman, Yi Huiman, was ousted in a surprise move, signaling alarm over the $5 trillion stock market selloff. Wu Qing, a close ally of Premier Li Qiang, is taking over as chairman of the regulator. The departure of Yi underscores the growing sense of alarm within President Xi Jinping’s government over the market meltdown. China watchers say the move may signal additional measures to revive the stock market, as previous sackings of CSRC chiefs heralded extended equity rallies. However, challenges such as the property crisis, geopolitical tensions, and weak growth continue to weigh on the market's performance.

via Yahoo Finance|

#china #finance #market-intervention

finance1 year ago•2 min saved

China Appoints New Chairman of Securities Regulator Amid Stock Market Concerns

China's cabinet has appointed Wu Qing, also known as the "Broker Butcher," as the new chairman of the China Securities Regulatory Commission, replacing Yi Huiman. Wu's appointment comes as the CSRC implements new policies to stabilize and revitalize China's struggling stock market, which has been impacted by volatility in the property sector and investor pessimism. The move follows a significant drop in the CSI 300 and concerns about the country's economic growth.

via CNBC|

#china #finance #market-downturn

finance1 year ago•1 min saved

"China Implements New Short-Selling Restrictions Amid Market Turmoil"

China's securities regulator announced new measures to curb short-selling, including suspending brokerages from borrowing shares for lending, capping the size of securities re-lending business, and banning securities lending to investors who sell stocks on the same day of purchase. The regulator also warned of "zero tolerance" against malicious short sellers and urged listed companies to bolster their value through share buybacks and other measures. These efforts come after the market plunged to five-year lows, and have led to a 24% drop in securities lending business.

via Reuters|

#china #csrc #finance

finance2 years ago•1 min saved

China's Proposal: Lower Trading Costs and Regulate Commissions for Mutual Funds

China's securities regulator, the China Securities Regulatory Commission (CSRC), has proposed draft rules aimed at reducing trading commissions for mutual funds and addressing conflicts of interest between securities trading and fund sales businesses. The rules aim to protect investors and regulate the allocation of trading commissions by fund managers. The proposals include reducing commissions for both passive and active fund products, banning the payment of commissions for third-party services, and prohibiting mutual fund sales teams from participating in broker selection and commission allocation. The CSRC also published draft rules to tighten scrutiny of China's private funds, including raising the threshold for qualified investors in private equity or venture capital funds.

via Reuters|

#china #finance #mutual-funds