Changqiao Securities Responds to Investigation by Chinese Regulators

Changqiao Securities has responded to the investigation by the China Securities Regulatory Commission (CSRC) regarding its domestic and international operations, stating that its licensed entities are regulated by foreign authorities such as the Hong Kong Securities and Futures Commission. According to Jin10, Changqiao emphasized that client funds are completely segregated from company operational funds and are held in separate custodial bank accounts as per regulatory requirements. The company also noted that its holdings in U.S. and Hong Kong stocks are managed by the Depository Trust & Clearing Corporation (DTCC) and the Hong Kong Securities Clearing Company (HKSCC), respectively, and are covered by the Hong Kong Investor Compensation Fund (ICF). Changqiao Securities affirmed its commitment to implementing all necessary corrective measures and advancing related arrangements in compliance with legal and regulatory standards.