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...
On January 22, the People's Bank of China, the Ministry of Commerce, the State Administration of Financial Supervision, the China Securities Supervision Commission and the State Administration of Foreign Exchange jointly issued opinions to align international high standards and promote institutional opening up in the pilot free trade zone (Hong Kong) where conditions permit. Among them, it is proposed to support the development of cross-border digital identity authentication and electronic ident...
On January 12, the General Administration of Financial Supervision held a 2025 regulatory work conference. The meeting called for effective prevention and resolution of financial risks in key areas. Accelerate the expansion and efficiency of the urban real estate financing coordination mechanism, and support the construction of a new model of real estate development. Actively cooperate to prevent and resolve local government debt risks. Strictly prevent and crack down on illegal financial activi...
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 January 10, Shu Wei, deputy director of the State Administration for Market Regulation, said at a press conference that in the next step, the State Administration for Market Regulation will focus on standardizing the market competition order in terms of promoting fairness and transparency of platform rules, reducing the cost burden of merchants on the platform, and purifying the ecology of the live broadcast e-commerce industry. Improve the normalized supervision system, and pay close attenti...
On January 7, according to Cointelegraph, the U.S. government prosecutor overseeing the criminal case of Terraform Labs co-founder Do Kwon estimated that Do Kwon may have caused more than one million victims worldwide after the collapse of the Terra ecosystem. On January 6, Acting U.S. Attorney Daniel Gitner of the U.S. Federal Court for the Southern District of New York filed a lawsuit in court...
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...
The State Administration of Market Supervision has implemented listing supervision on the investigation and rectification of the false standard content of cashmere sweaters in Zhejiang and Inner Mongolia.
On December 27, Gou Ping, a member of the Party Committee and deputy director of the State-owned Assets Supervision and Administration Commission of the State Council, said at the fourth special promotion meeting of the state-owned enterprise reform deepening and upgrading action in 2024 that the general implementation of the management personnel adjustment and incompetent exit system by the end of 2025 is a clear requirement for the reform deepening and upgrading action. The State-owned Assets ...
Announcement of the State Financial Supervisory Administration on the "Measures for the Administration of the Qualifications of Directors (Directors) and Senior Managers of Banking Financial Institutions Groups (exposure draft) " for public comment.