cross-border securities trading
Coverage of cross-border securities trading in the Nexus archive.
- CSRC’s crackdown on cross-border trading involves US$32b in Hong Kong assets: Citic
The Chinese Securities Regulatory Commission’s crackdown on illegal cross-border securities trading may impact up to HK$250 billion (US$31.9 billion) in Hong Kong assets, with Citic Securities estimating the effect to be negligible for the city’s third-largest stock market. The campaign could affect HK$150 billion to HK$180 billion in assets owned by mainland investors via Hong Kong accounts at Futu Securities.
- China cracks down on illegal cross-border securities trading
China's financial regulator is cracking down on illegal cross-border securities trading by penalizing brokerages that facilitated the practice. The enforcement action targets a loophole that allowed retail traders to circumvent China's capital controls by conducting unauthorized overseas securities transactions.