证监会：完善资本市场涉外法治体系 深化跨境监管协同

Core Viewpoint - The article emphasizes the importance of enhancing the legal framework for foreign-related issues in China's capital market to support high-level bilateral opening and ensure investor protection [2][5]. Group 1: Legal Framework and Regulatory Cooperation - The China Securities Regulatory Commission (CSRC) is committed to improving the foreign-related legal system as a crucial aspect of capital market legal construction [5]. - The CSRC has signed cooperation memorandums with 67 countries and regions, enhancing collaboration with foreign enforcement agencies [5]. - There is a focus on balancing openness and security, as well as innovation and risk, to promote high-quality development in the capital market [7][8]. Group 2: Cross-Border Regulatory Coordination - The CSRC aims to strengthen cross-border regulatory cooperation and communication, holding issuers and intermediaries accountable for their responsibilities [8]. - A "zero tolerance" policy will be maintained against cross-border illegal activities, including fraud and financial misconduct [8]. - The article highlights the need for targeted coordination to address challenges in cross-border regulation, such as evidence standards and mutual recognition procedures [8]. Group 3: Market Opening Initiatives - The article outlines ongoing efforts to facilitate foreign investment through mechanisms like Stock Connect, with over 2,922 stocks available for trading and foreign institutional investors exceeding 900 [9]. - Since the implementation of new regulations for overseas listings, 296 domestic companies have completed their overseas listing filings, with a significant number being technology firms [9]. - The introduction of offshore A-share derivative tools is mentioned as a means to enhance risk management for international investors [9].