China's market regulator announced plans to deepen cross-border regulation and support domestic companies listing in Hong Kong, while also cracking down on fraud and illicit capital activities.
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Deepening cross-border regulation by China.
Support for domestic companies listing in Hong Kong.
Crackdown on fraud and cross-border capital activities.
HONG KONG: China will deepen cross-border regulation and provide an institutional environment to support the listing of domestic companies in Hong Kong, said Li Chao, vice chairman of China’s market regulator, on Tuesday.
China will crack down on fraud and cross-border capital activities, said Li, vice chairman of the China Securities Regulatory Commission, at Hong Kong’s Global Financial Leaders’ Investment Summit.
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