The Securities and Futures Commission (SFC) welcomes the China Securities Regulatory Commission’s (CSRC) new rules governing the distribution of research reports issued by SFC-licensed corporations through Mainland securities companies and the engagement by Mainland fund managers of SFC-licensed corporations as their investment advisors.
The rules enable Mainland investors and funds, who participate in the Hong Kong capital market, to have better access to research reports and advice on those Hong Kong-listed companies which can be traded by them through Stock Connect. At the same time, eligible SFC-licensed corporations will have more opportunities to provide securities advisory services to Mainland investors and fund managers.
