China Securities Association Issues Draft M&A Best-Practice Guidelines

TREE NEWS update: The Securities Association of China has issued a draft best-practice document for securities firm mergers and acquisitions, the first of its kind to cover the entire process. The draft, titled Securities Industry Best Practice No. 7 – Securities Firm M&A (Draft for Comments), was sent to member firms for feedback. It systematically outlines key points from due diligence to integration, drawing on completed merger cases to guide high-quality industry consolidation.