Two people were fined RMB 1m each for high frequency trading during the A-share market collapse last summer, the CSRC said.
Tag: China
MUFG sour on Asian high-yield
China is the biggest risk for the regional high-yield sector, according to Rick Mattila, international head of research at MUFG Securities.
Survey: China’s affluent see offshore markets as confusing
Only 8% of the mainland’s emerging affluent have assets overseas, and the majority said they are not familiar with foreign markets.
Sales slowdown for MRF northbound funds
Net cross-border sales of the four Hong Kong funds available to mainland investors saw growth slow in April, but it was still 24 times higher than the southbound flow.
More foreign AMs entering China
Chinese investors are looking at offshore products for diversification and, in response, foreign asset managers are entering the mainland, according to consultancy Z-Ben Advisors.
Jupiter says China tourism boom to lift Asia retail
A surge in Chinese travellers over the past five years has made the country the world’s second-largest tourism market, accounting for half of the growth in the world’s travel industry, said Jason Pidcock, head of Asian income strategy at Jupiter Asset Management.
Martin Currie eyes China’s A-shares
The MSCI decision in June will be an important signal to foreign investors, said investment director and Asia CEO Paul Danes.
Chinese fund subsidiary applications on hold
Manulife Teda Fund Management and six other fund houses which have submitted applications to open fund subsidiaries must meet newly-tightened regulations, according to state-run Securities Times.
CSRC takes action on fund subsidiaries
China Securities Regulatory Commission announced action in five cases, and confirmed it is drafting new rules to oversee fund subsidiaries.
Japan’s deflation may spread to Asia
GAM investment director Tim Love said the weakening of the Japanese yen puts downward pressure on currencies throughout Asia.
