Two brokerage asset management subsidiaries were fined due to “inadequate management of relief products.” Recently, the Shanghai Securities Regulatory Bureau issued fines to Huatai Securities (Shanghai) Asset Management Co., Ltd. (“Huatai Asset Management”), executives, and Shanghai Haitong Securities Asset Management Co., Ltd. (“Haitong Asset Management”). Not long ago, Guoxin Securities was also fined for inadequate management of bailout products. On April 19, the Shenzhen Securities Regulatory Bureau announced a Guoxin Securities fine, pointing out that Guoxin Securities' compliance and internal control had multiple problems. One stated that the management of the bailout products was inadequate, and the funds invested in some bailout asset management products for bailout purposes did not reach the required ratio. Guoxin Securities was also subject to administrative supervision measures by issuing a warning letter. (Exciting)
纾困产品管理不足，资金使用比例未达标，华泰资管、海通资管同日被罚
The management of bailout products was insufficient, and the proportion of funds used did not meet the standards. Huatai Asset Management and Haitong Asset Management were fined on the same day
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.