February 21st news, February 17th, China Securities Supervision Commission Party Secretary and Chairperson Wu Qing presided over the party committee, the meeting stressed that in light of the actual capital markets, solid implementation of policies and measures to promote the development of the private economy. It is necessary to do a good job in equity and debt financing support for private enterprises, to serve the development of new quality productivity as the focus, do a good job in the impl...
February 21st news, February 17th, China Securities Supervision Commission party secretary and chairperson Wu Qing presided over the party committee, the meeting stressed that to actively help private enterprises to solve the problem of development, cooperate with the relevant departments to resolve the arrears of private listed companies, coordinate the real estate enterprise financing support and bond default risk prevention and control, together with relevant parties to deal with the delistin...
On February 21, He Yanchun, director of the Office of the Administrative Punishment Commission of the Securities Supervision Commission, said at the press conference "Strictly crack down on securities violations and crimes in accordance with the law and promote the healthy and stable development of capital markets" that listed companies are excellent representatives of enterprises in our country, and only a very small number of them have carried out financial fraud. With the continuous strengthe...
February 21 news, on February 21, He Yanchun, director of the Office of the Administrative Punishment Commission of the Securities Supervision Commission, said at the press conference "Strictly crack down on securities violations and crimes in accordance with the law and promote the healthy and stable development of capital markets" that manipulation cases have shown some new characteristics, including the evolution from traditional "sitting house" manipulation using capital advantages to short-...
On February 21, He Yanchun, director of the Office of the Administrative Punishment Commission of the Securities Supervision Commission, said at the press conference "Strictly crack down on securities violations and crimes in accordance with the law and promote the healthy and stable development of capital markets" that market manipulation is "parasitic" in the market body, distorting the market price formation mechanism, causing market signals such as the direction of buying and selling, the am...
As part of its roadmap for the development of virtual assets, the Securities Supervision Commission is considering developing a comprehensive framework covering financial Internet celebrities (Finfluencers), promoting best practices for responsible communication and engagement in investor engagement, and plans to enhance direct interaction with investors through proactive and ongoing education initiatives.
On January 26th, the China Securities Supervision Commission issued the "Action Plan for Promoting the High-Quality Development of Indexed Investment in Capital Markets". The "Action Plan" proposes to continue to enrich the index fund product system. Actively develop stock ETFs. Fully improve and strengthen core broad-based stock ETFs, build a phalanx of industry flagship ETF products, and support the registration and issuance of wide-based stock ETFs with high coverage, strong representation an...
On January 26th, the China Securities Supervision Commission issued the "Action Plan for Promoting the High-Quality Development of Indexed Investment in Capital Markets". It proposes to reduce the investment cost of index funds. Continue to waive the annual listing fee for ETFs, promote the reduction or reduction of ETF market making, registration and settlement, index use and other fees, and continue to reduce the operating costs of index funds. Guide industry institutions to reduce the managem...
On January 26th, the China Securities Supervision Commission issued the "Action Plan for Promoting the High-quality Development of Indexed Investment in capital markets". The "Action Plan" proposes to steadily promote the two-way opening up of indexed investment. Coordinate openness and security, steadily expand the institutional opening of index products, and improve the ETF interconnection mechanism. Steadily expand the scope of ETFs to be included in the Shanghai, Shenzhen and Hong Kong Stock...
The Securities Supervision Commission issued a notice on publicly soliciting opinions on the "Regulations on the Administration of Internet Marketing of Futures Companies (exposure draft) ".
Securities Supervision Commission: exposure draft a total of 20, focusing on the futures company Internet marketing activities problems and risk hazards to regulate, from the system construction, personnel management, marketing content, account use, code of conduct and other aspects of specific provisions, and clear marketing activities shall not fraud, misleading customers, shall not damage fair competition.
On June 19, 2024, the Securities Supervision Commission issued the "Eight Measures on Deepening the Reform of the Science and Technology Innovation Board to Serve Scientific and Technological Innovation and the Development of New Quality Productive Forces", which proposed to carry out the pilot program of deepening the issuance and underwriting system. In the pilot program of the Science and Technology Innovation Board, the offline investment institutions with a higher lock-up ratio and a longer...
The Securities Supervision Commission has publicly solicited opinions on the "Guidelines for the Supervision of Listed Companies No. 11 - Matters related to the bankruptcy and reorganization of listed companies (exposure draft) ".
The Supreme People's Court and the Securities Supervision Commission jointly issued the "Minutes of the Work Symposium on Practically Hearing the Bankruptcy and Reorganization Cases of Listed Companies", clarifying the reorganization expectations of listed companies. For companies that have major illegal delisting situations, or companies that have major defects in information disclosure or standardized operation and refuse to rectify, it can be considered that they do not have the reorganizatio...
On December 23rd, a reporter asked that 36 companies will be delisted, 66 companies will be implemented delisting risk warning (* ST), and many companies will be implemented other risk warning (ST), misleading the market. What's your comment on this? Wang Li, a spokesperson for the Securities Supervision Commission, said that the relevant media reports pointed out that 36 delisting risk warning (* ST) companies that will be delisted, it is understood that many are or have been through improved o...