China CSRC: no sales service fees for investors holding equity, hybrid, or bond funds longer than one year

China CSRC: no sales service fees for investors holding equity, hybrid, or bond funds longer than one year

China's securities regulator, the China Securities Regulatory Commission (CSRC), has announced a significant change in its fee structure for investors holding equity, hybrid, and bond funds. Effective immediately, the CSRC has eliminated sales service fees for investors who hold these funds for more than one year. This move is part of the regulator's ongoing efforts to enhance investor protection and promote long-term investment strategies.

The elimination of sales service fees aims to reduce the cost of investing, making it more attractive for investors to hold funds for extended periods. This policy shift is particularly beneficial for retail investors who may have previously been deterred by high fees. By removing these fees, the CSRC is encouraging a more stable and long-term approach to investing.

The decision follows a trend of regulatory reforms in China aimed at modernizing the financial sector and improving market efficiency. The CSRC's action aligns with global trends in reducing fees and promoting transparency in the investment industry.

This change is expected to have a positive impact on the investment landscape, potentially leading to increased liquidity and stability in the market. It also reflects the regulator's commitment to fostering a more investor-friendly environment.

For more details on the CSRC's fee structure and its implications for investors, refer to the official announcement [NUMBER: 1].

References:
[1] China Issues World's First Public RWA Bond on Ethereum Blockchain [https://icobench.com/news/china-issues-worlds-first-public-rwa-bond-on-ethereum-blockchain/]