Thursday January 12 2017
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: China
Link: http://english.gov.cn/premier/news/2017/01/11/content_281475539132959.htm
On 11th January 2017, China’s State Council specified a string of measures aimed at better regulating the regional equity markets in its latest effort to aid financing for small and medium sized enterprises (SMEs).
China will promote the healthy development of regional equity markets to allow them to play a positive role in serving SMEs. Cross-regional operations of the equity markets will be adjusted and regulated, with financial platforms in one region being managed by one single institution.
A qualified investors mechanism will be put in place to stipulate requirements for trading in the equity market exchange, such as demanding participants have a relatively strong risk tolerance. The meeting also clarified regulation responsibilities between provincial governments and the securities regulator to jointly protect the interests of investors.
Click on the link above for further details.