CSRC fee cut brings no substantial benefit

The Chinese securities regulator’s fee cut is more of a gesture and won’t substantially reduce trading costs for investors, analysts say.

CSRC fee cut brings no substantial benefit

Analysts say China’s latest scheme to breathe life into the A-share market will have limited effect, even as the Shanghai Composite Index responded with its biggest gain for a month.

The securities regulator announced on Friday a 20% cut to transaction costs, effective from September 1, which it predicts will eliminate about Rmb600 million $95 million in costs for the last four months of the year.

It is the third such cut...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...