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Saturday, April 27, 2024

ASL secures China securities trading licence

Brokerage to feature stocks from the mainland in less than a month

“ASL can facilitate investors using the Chinese market as a gateway for their investments abroad.” — Charnchai Kultavarakorn, Executive chairman, ASL Securities

ASL Securities is making inroads into the Chinese market after the Bangkok-based broker obtained a securities trading licence from China’s regulators.

Following approval from the Securities and Exchange Commission, the Finance Ministry and the People’s Bank of China, ASL targets offering its trading service for Chinese stocks at the end of April or early May.

As a sub-broker of the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE), ASL can directly…

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