China Securities Regulatory Commission Hong Kong Securities and Futures Commission Joint Announcement

With regard to the Tentative Measures for the Administration of the Overseas Issuance and Listing of Securities by Domestic Enterprises, which came into effect on March 31, 2023, the China Securities Regulatory Commission (hereinafter referred to as the CSRC) and the Hong Kong Securities and Futures Commission (hereinafter referred to as the SFC) today signed a memorandum of regulatory cooperation (hereinafter referred to as the memorandum) to further strengthen regulatory cooperation on matters related to the listing of domestic enterprises in Hong Kong.
The memorandum specifies the regulatory cooperation arrangements and procedures in the areas of issuance and listing, cross-border law enforcement cooperation, intermediary supervision, information exchange, etc. The signing of the memorandum will facilitate the China Securities Regulatory Commission and the Hong Kong Securities Regulatory Commission to perform their respective regulatory responsibilities, jointly crack down on cross-border violations, protect the legitimate rights and interests of investors, and ensure the stable and healthy development of the two markets.