According to the information of the CSRC, Shanghai Guotai Junan Asset Management Co., Ltd. took the lead in submitting the application materials on August 13, becoming the first brokerage asset management company to apply for a public offering license after the New Deal. At present, there are two brokers queuing to apply for public offering licenses, Minmetals Securities and Guotai Junan.
In addition, since PE funds have officially fallen into the regulatory radar of the CSRC for the first time, and the CSRC has started to have very strict enforcement cases (please insert hyperlink of enforcement cases), we suggest that PE fund managers in Hong Kong continue to pay attention to the regulatory requirements of the CSRC and regularly monitor their management activities from the perspective of compliance and internal control procedures to ensure that the operation of funds in Hong Kong meets the requirements of the CSRC.