China Securities Regulatory Commission (CSRC)
Challenges ahead for access derivatives in Asian markets
Gateway to Asia
New central securities company to facilitate short selling in China
One of China's leading securities houses sees a bright future for domestic investment banks developing hedge fund-like trading businesses, once securities short-selling is further liberalised on the mainland through the establishment of a central…
CSRC rules make it hard to tackle China ETF premium and tracking error issues
China conduit concerns
CBRC chief adviser Sheng brands financial engineering ‘a cancer’
Andrew Sheng, a veteran regulator who acts as a chief adviser to China’s top banking regulator, believes ‘creative destruction’ needs to take place when financial engineering goes beyond an optimal level, as it did in 2007-2008.
Dealers bet on onshore commodities units in China
The local touch
CSRC to ban QFII quota use for China derivatives; ETF providers hit
The CSRC plans to ban derivatives dealers from using QFII quotas to on-sell derivatives mirroring CSI 300 index futures contracts to offshore clients. The move looks set to challenge ETF fund managers when hedging China index-tracking funds.
Asian Financial Forum: China and Hong Kong to collaborate more on cross-border access and cross-listings of ETFs, says CSRC chief
Hong Kong and Shanghai are set to more closely align clearing and settlement systems enabling the cross-listing of instruments such as exchange-traded funds. Meanwhile, the Chinese authorities plan to encourage state-owned enterprises to launch so-called…
On the move
On the move
HKEx names former CSRC director to head mainland development
The Hong Kong Exchange's new hire, Yang Qiumei, was recently deputy director-general in the department of investment fund supervision at the China Securities Regulatory Commission, where she was in charge of matters related to QFII and QDII
China bond laws 'a problem' for investors
Economic reforms in China have gathered pace in recent years. But the country’s bond markets remain hampered by significant structural problems, including state-administered interest rates and a murky legal system subject to government interference.
Managed account platform gives new hope for investors seeking alpha in China
Currency restrictions, tight investment rules and concerns about asset segregation have made it difficult for foreign investors to gain alpha from mainland China investments. But a new managed account platform offering access to China ‘sunshine funds’…
New China regulations raise questions for QFII derivatives
Since its launch in 2002, China’s qualified foreign institutional investor (QFII) programme has been a boon for investment banks. But new regulations issued in September 2009 raise significant issues for the derivatives market. Jill Wong reports
China and the renminbi: A Risk.net article collection
The recent financial crisis in the west has presented China with a range of challenges as well as opportunities.
QFII investors may get access to exchange futures in China
SHFE considering allowing foreign institutional investors access to commodities futures contracts through QFII scheme
Battle formations
Major Chinese entities and international banks are steeling themselves for a protracted battle on multiple fronts related to the use of over-the-counter derivatives. The confrontation is killing business and preventing some Chinese entities from hedging…
Chinese regulator rotates senior managers
The China Securities Regulatory Commission (CSRC) has made several new senior appointments within local futures exchanges, including the soon-to-start China Financial Futures Exchange.
China to open futures market to foreign investors
The Chinese government may relax its rules to encourage foreign investors to enter the country's lacklustre futures market, with ABN Amro the first to move.
China bond forwards represent move to more open market
The start of trading in bond forwards in China is a necessary step towards a more open market, but underlying markets are still too illiquid to allow other derivatives to be traded, said HSBC treasurer for China David Liao.
CSFB gets OK for derivatives in China
The China Banking Regulatory Commission (CBRC) authorised Credit Suisse First Boston (CSFB) to launch a financial derivatives business in China last week, reports RiskNews’ sister publication, FX Week .
OECD works with China on governance issues
At a mid-May conference in Beijing, Richard Hecklinger, deputy secretary-general of the OECD, outlined the work that his organisation is undertaking both on a global scale and within China to improve corporate governance.
CBOT hosts symposium for Chinese futures professionals
The Chicago Board of Trade (CBOT) is hosting a two-week symposium, being attended by members of the Dalian Commodity Exchange (DCE), the China Securities Regulatory Commission (CSRC) and government officials.