China Securities Regulatory Commission

Money Moves

Regulating the market as state money returns in small size

The STAR50 index is still about 40% below its summer peak, a four-month slide that erased roughly $480 billion from Shanghai's largest technology and chip stocks. It rose 2.45% on October 28, a day after falling 4.8%.

Updated Oct 30

Money Moves

Approved Citi's wholly owned securities unit

China's securities regulator approved Citi's plan for a wholly owned securities firm in Shanghai on Oct. 23, ending a wait that began with an application in late 2021. Citigroup Securities (China) has 1.2 billion yuan (about $180 million) in registered capital.

Updated Oct 30

Money Moves

Approved Citigroup's wholly owned brokerage on October 23, 2026

China's securities regulator approved Citigroup's wholly owned brokerage on October 23, ending a wait that started with a December 2021 application. Citigroup Securities (China) will be based in Shanghai with 1.2 billion yuan of registered capital, about $178 million.

Updated Oct 25

Rule Changes

As of September 2026: Received notification of the revised exchange rules

A futures contract that locks at its daily price limit for three straight sessions can freeze trading, hiding the level where buyers and sellers would actually meet. As of May 28, 2026, the Shanghai Futures Exchange can push the daily limit beyond its old fixed 20% ceiling in exactly that situation.

Updated Sep 27

Money Moves

As of July 2026: Granted the overseas listing approval

Shein tried to go public in New York. It failed. It tried London. That failed too. On July 13, 2026, China's securities regulator finally cleared the fast-fashion retailer to list in Hong Kong instead.

Updated Jul 13