News Of The Three Major Securities Headers In November 2Nd

Gem ban shares "borrowed" large pactions cash nearly 300 million yuan

Yesterday was the first day for the first batch of GEM companies to lift their original shares. Although the gem index rose sharply, many of its original shareholders chose to reduce their holdings to safety.

Block trading data show that yesterday, a total of 4 gem has carried out 9 holdings, totaling 11 million 960 thousand shares, with a reduction of 289 million yuan.

SFC initiates administrative punishment trial of three local agencies

With the approval of the State Council, the SFC decided to formally carry out the administrative penalty trial work in three dispatched offices such as Shanghai, Guangdong and Shenzhen securities regulatory bureaus.

During the pilot period, three institutions will hear, hear, and enforce administrative penalties according to the regulations.

Fund account business qualification relaxed 20 billion threshold cancellation

The SFC issued the pilot scheme for the management of specific customer asset management business of the fund management company in November 1st (Draft), and the securities investment fund management measures (Revised Draft) solicited opinions from the public, and issued the guidance on the capital preservation fund formally. It approved the QFII qualification of two Taiwan financial institutions for the first time.

Among them, we intend to reduce the entry threshold for the qualification of special financial pactions, and relax the investment restrictions of only one to many households.

In addition, the threshold for the establishment of fund sales institutions has also been greatly reduced.

SFC starts pilot of administrative penalty for dispatched offices

The head of the China Securities Regulatory Commission said that 1 days after approval by the State Council, the securities and Futures Commission decided to launch a pilot work on administrative penalties in three dispatched offices such as Shanghai, Guangdong and Shenzhen securities regulatory bureaus.

SFC intends to expand financial management of fund accounts

The China Securities Regulatory Commission recently revised the pilot scheme for specific asset management business of fund management companies, and solicited opinions from the community.

The revised approach reduces the entry threshold for the qualification of special financial pactions, appropriately reduces the initial size limitation of single household products, brings commodity futures into the investment scope of special household products, and moderately increases the proportion of single stock investment of single to one to one household products, which has increased from 10% to 20%.

IPO reform to restart the first three companies "tasting"

The second phase of IPO reform is officially launched from today's IPO.

Prior to that, the securities and Futures Commission formally promulgated the guiding opinions on deepening the reform of IPO system and the decision to amend the securities issuance and underwriting management system in October. According to the arrangement, the second stage reform of IPO began in November 1st.