China regulator resumes securities firm approvals, issues new rules

An advertising board (L) showing a Chinese stone lion is pictured near an entrance to the headquarters (R) of China Securities Regulatory Commission (CSRC), in Beijing, China, in this September 7, 2015 file photo. REUTERS/Jason Lee/Files

China‘s securities regulator released new equity management rules for securities companies on Friday, while saying it would resume approvals for the establishment of domestically funded securities firms.

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