CSRC – Charm – Daily News

Goldman Sachs granted licence for China fund sales

Cs news11 hours ago01 mins

By Selena Li HONG KONG (Reuters) – Goldman Sachs received regulatory approval to sell funds in China, the latest U.S. investment bank to get a financial licence in a sign of Beijing’s commitment to continue opening up the sector to foreign companies. The Beijing Bureau of China Securities Regulatory Commission (CSRC) granted a fund sales…

China eases requirements on foreign investments in listed companies

Cs news1 month ago1 month ago03 mins

Beijing has slashed capital requirements for foreign institutions and companies to buy into China’s listed firms as strategic investors, taking another step towards bolstering investor confidence in the country’s stock market. Investors who own proprietary assets of no less than US$50 million or have assets under management of at least US$300 million will be eligible…