CSRD. CBAM. California's climate disclosure rules. If your team is trying to keep up with sustainability reporting and where AI can (and can’t) help, join us and Tracera on Nov 10 for a free webinar.   Register:

The Chinese market regulator CSRC held an urgent market stabilization symposium yesterday, sending three strong signals: • First, stabilizing the market does not mean bailing out junk stocks. The current focus is on addressing trading loopholes such as disorderly quantitative dumping, short selling via securities lending, and margin call liquidations to restore the overall market ecosystem. There will be no bailouts for overvalued, fundamentally weak stocks trading on hypes with no earnings. • Second, financial performance should become a strict threshold for stock selection. The goal is to guide institutions to focus on fundamentals and adhere to long-term investing, while strictly cracking down on speculative trading. • Third, hundreds of billions of yuan in state capital will increase their stakes in public companies. Funds from SASAC will be strictly allocated to undervalued, high-dividend, and strong SOE blue chips. Private, purely speculative small-cap stocks will be excluded from their purchases.

I've read the CSRC's (China SEC) Regulatory Guidelines on the Offshore Issuance of Asset-Backed Security Tokens Based on Domestic Assets, and discussed it with our team and experts close to the CSRC. Writing up my take on China's RWA/ABS token landscape now.

At the Gujarat Employers' Organisation (GEO) CSR Conclave in Vadodara, Shri Vasant Gadhavi, Director, Adani Foundation, highlighted how our community-led programmes like Utthan, SuPoshan, Swabhimaan and Adani Van enable inclusive growth creating lasting progress.