PRC Securities definition
Examples of PRC Securities in a sentence
In particular, in case of any over-purchase of PRC Securities causing an overdraft to the RMB Special Account, the Bank and the QFII Applicant, in its capacity as QFII and on behalf of the Funds, agrees to follow the Rectification Procedures as prescribed by the QFII Securities Transactions Notice.
Pending rectification, the QFII Applicant, in its capacity as QFII and on behalf of the Funds, authorizes the Bank to hold the relevant PRC Securities on the terms of this Agreement as if duly owned by the relevant Fund.
As a result, the State Council and the CSRC may revise the special regulations and mandatory provisions and adopt new rules and regulations to implement and to reflect the amendments to the PRC Company Law and the PRC Securities Law.
On 1 January 2006, substantial amendments to the PRC Company Law (中華人民共和國公司法) and the PRC Securities Law (中華人民共和國證券法) came into effect.
Payment method: the rent will be paid semi-annually upon the execution of the contract, with first payment made by October 18, 2022 amounting to RMB 220,000 inclusive of tax, and the payment made by April 17, 2023 amounting to RMB 220,000 inclusive of tax.
Industrial Securities is one of the first ten securities companies that got permission for a capital increase and share expansion after the implementation of the P.R.C. Securities Law, and one of the nine comprehensive securities companies approved by the China Securities Regulatory Commission, as well as one of the first six standard securities brokers since the CSRC implemented its classified monitoring and supervision practice.