Large Medium Small |
The China Securities Regulatory Commission (CSRC) recently unveiled for the first time classification and evaluation results of securities firms to promote transparency in supervising the sector, the China Securities Journal reported Wednesday.
Of all the securities firms that participated in the classification this year, 35 were labeled A, accounting for 35.7 percent of the total, 49 were put into category B, accounting for 50 percent of the total and 14 fell into category C. No companies were evaluated as D or E.
The classification work has been underway for four years and has become more accepted by the industry, according to the report.