China Securities Regulator Greenlights HSBC and BNP Paribas for New Ventures

The China Securities Regulator has approved HSBC Qianhai Securities for margin financing and securities lending businesses. Additionally, BNP Paribas China has been approved as a custodian of securities investment funds, signaling expanded investment opportunities and enhanced financial services in China.

China Securities Regulator: * APPROVES HSBC QIANHAI SECURITIES TO ENGAGE IN MARGIN FINANCING AND SECURITIES LENDING BUSINESSES

* APPROVES BNP PARIBAS CHINA AS CUSTODIAN OF SECURITIES INVESTMENT FUND Source text 1

Source text 2 Further company coverage: