China Just Gave Offshore Brokers Two Years to Exit the Mainland
China's securities regulator has set a two-year deadline to close the cross-border channel that let mainland investors trade global stocks through offshore brokers, and the bill is already showing up in earnings.The China Securities Regulatory Commission (SRC) named three firms on May 22 and disclo…
China's securities regulator has set a two-year deadline to close the cross-border channel that let mainland investors trade global stocks through offshore brokers, and the bill is already showing up in earnings.The China Securities Regulatory Commission (SRC) named three firms on May 22 and disclo…
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