China – CSRC Takeover of Hehe Futures Co
On 8 February 2025, CHI CSRC said it imposed a fine of RMB 6.1mn on Hehe Futures Co Ltd (Hehe) and revoked the futures business license of Hehe on 5 February 2025. Hehe failed to perform its management responsibilities for its subsidiary Hehe Asset Management (Shanghai) Co., Ltd, resulting in a major risk event in […]
