The Latest Breaking News from CSRC

Chinese firms search the world for mining assets, Beijing promotes EVs in rural areas

The long road to registration-based system shows the value of perseverance in tackling complex problems

Beijing has sent a team of regulatory officials to Hong Kong to assist the U.S. audit watchdog with onsite audit inspections involving Chinese companies, four people familiar with the matter said, as part of a landmark deal between the two countries.

Key Takeaways:

The accused, identified only as Xu, allegedly lured investors to make trades totaling $4.5 million, often resulting in heavy losses

Tong Daochi is convicted of insider trading and taking $43 million of bribes and is also sentenced to a fine and confiscation of all personal property

Tong Daochi, a former senior official of China's southern Hainan province and an ex-securities regulator, was sentenced to death for bribery and insider trading, with a two-year reprieve, the official Xinhua News Agency reported on Thursday.

U.S. regulatory officials arrived in Beijing seeking to settle a long-running dispute over the auditing compliance of U.S.-listed Chinese firms, Reuters reported, citing sources. The stand-off, if not resolved, could see Chinese firms kicked off New York bourses. This week the SEC added over 80 firms to the list of companies…

Head of securities regulatory body says channel of overseas listings will be kept ‘unclogged’ after Chinese companies shelved foreign listings, raising the ire of investors