CSRC inundated with requests for OTC transparency

Investors have urged the China Securities Regulatory Commission (CSRC) to boost its overall transparency and market supervision, singling out its ambiguous policies towards the over-the-counter (OTC) market as worries grow over its imminent closure.

Saturday, 4 July, 1998, 12:00am

CSRC to give listing consent in new rules to cut red tape

The mainland's securities watchdog yesterday released detailed and standardised approval procedures for firms floating shares at home and abroad in a bid to cut red tape and increase transparency.

29 May 1998 - 12:00am

CSRC approves 228 consultants

The China Securities Regulatory Commission (CSRC) has approved a second batch of investment advisers in a bid to protect investors from fly-by-night consultants, a newspaper reported yesterday. The Shanghai Securities News said the CSRC announced 228 individuals had obtained accreditation to operate as securities and futures investment consultants.

1 Apr 1998 - 12:00am

CSRC in crackdown on widespread rules abuses

China will launch random checks on listed companies after a survey uncovered widespread abuse of trading rules.

The China Securities Regulatory Commission (CSRC) yesterday said the checks were designed to ensure strict disclosure standards and proper use of proceeds from flotations.

21 Jan 1997 - 12:00am

CSRC gives back markets controls

China's national securities watchdog has devolved the day-to-day supervision of securities and futures trading to 24 provincial and municipal regulators.

The China Securities Regulatory Commission (CSRC) said yesterday that Shanghai, Shenzhen, Tianjin, Beijing and 20 other financial regulators would take over daily surveillance of trading.

26 Mar 1996 - 12:00am

CSRC windows still opaque

THE China Securities Regulatory Commission (CSRC) has recently made noises about being more open.

While moving to increase the market's transparency, the CSRC has proceeded to build up opaque doors and windows after its recent restructuring.

23 Dec 1995 - 12:00am

CSRC tightens curbs on futures

CHINA'S securities watchdog has moved to clamp down on speculation in the commodities futures markets.

The China Securities Regulatory Commission (CSRC) said yesterday it would take measures to crack down on excessive speculation and market manipulation, Xinhua (the New China News Agency) reported.

25 Oct 1995 - 12:00am

CSRC set to inherit listing job

SHENZHEN'S securities regulatory body is to be stripped of its power to allocate and approve B shares for listing from next year.

The move follows Beijing's call to expand the B-share experiment beyond Shanghai and Shenzhen.

Analysts said the immediate impact of the long-awaited expansion would be a more powerful China Securities Regulatory Commission (CSRC).

4 Oct 1995 - 12:00am

CSRC reprimands Shanghai exchange over non-tradable bonus shares

CHINA'S securities watchdog yesterday reprimanded the Shanghai Stock Exchange for misinterpreting rules by allowing non-tradable bonus shares of a listed company to be traded.

26 Aug 1995 - 12:00am

CSRC turns the screw on rights issues

CHINA'S securities watchdog has issued a directive to restrict rights issues by listed companies in the second clampdown in less than 10 days.

The financial press reported yesterday that the China Securities Regulatory Commission (CSRC) had decided to ban companies from making rights issues to finance the construction of recreational facilities and upmarket property projects.

9 Aug 1995 - 12:00am

CSRC turns up heat on rogue traders

CHINA Securities Regulatory Commission's (CSRC) drastic decision to freeze treasury bond futures trading was a long time coming.

Despite attempts to clean up the market, some market players have no qualms about breaking the rules, triggering two scandals in less than three months. That, even by Chinese scandal-riddled industry standards, was an embarrassment.

19 May 1995 - 12:00am

CSRC must show it means business

COMPANIES listed in China have conveniently blamed bearish market sentiment on inconsistent securities policies and incapable Beijing officials.

This, clearly, cannot be the case.

To a great extent, companies have themselves to blame for the lackadaisical performance of their stocks.

21 Jul 1994 - 12:00am

CSRC under direct state control

CHINA'S securities watchdog, the China Securities Regulatory Commission (CSRC), will come under the control of the State Council, in a move aimed at clarifying the commission's status.

23 Jun 1994 - 12:00am

CSRC moves under State Council wing

IN an apparent move to clarify the status of the China Securities Regulatory Commission (CSRC), the State Council will take the securities watchdog under its jurisdiction.

23 Jun 1994 - 12:00am

CSRC on right road

KUDOS to the China Securities Regulatory Commission (CSRC) for cracking the whip on companies and individuals trying to make a fast - but illegal - buck in the country's emerging equity markets.

20 Dec 1993 - 12:00am