Trial Provisions for the Establishment of Subsidiaries by Securities Companies
证券公司设立子公司试行规定
With the approval of the CSRC, a securities company may establish a wholly-owned subsidiary or, alternatively, invest in and establish a subsidiary together with another qualified investor.
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Revised on October 11 2012. Latest revision can be found at: http://www.chinalawandpractice.com/Article/3114064/Trial-Provisions-for-the-Establishment-of-Subsidiaries-by-Securities-Companies-Revised.html
(Issued by the China Securities Regulatory Commission on December 28 2007 and effective as of January 1 2008.)
Zheng Jian Ji Gou Zi [2007] No.345
(中国证券监督管理委员会于二零零七年十二月二十八日发布,自二零零八年一月一日起施行。)