The headquarters of the China Securities Regulatory Commission in Beijing. The regulator requires Huatai to control the size of its cross-border business, which is not to exceed 20 per cent of its net capital, the company said. Photo: Reuters

Chinese broker Huatai Securities given approval for overseas proprietary trading by country’s top regulator

Company can also participate in over-the-counter derivative transactions and sign agreements with domestic and overseas counterparties

Topic |   Financial regulation

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The headquarters of the China Securities Regulatory Commission in Beijing. The regulator requires Huatai to control the size of its cross-border business, which is not to exceed 20 per cent of its net capital, the company said. Photo: Reuters
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