Hainan Free Trade Port Cross-Border Asset Management Pilot Expands to 10 Institutions, Adds First Securities Sales Firm
The Hainan Free Trade Port cross-border asset management pilot has expanded to 10 institutions, with Huatai Securities' Haikou branch becoming the first securities sales institution to join, filing on September 23. The pilot now includes four issuing institutions (Jinyuan Securities, Wanhe Securities, Huibaichuan Fund, Peng'an Fund) and six sales institutions (Huatai Securities and five bank branches). Bank-type institutions have been entering since the pilot's launch, with China Merchants Bank Haikou Branch filing in December 2025 and CITIC Bank Haikou Branch in April 2026.
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Hainan Free Trade Port Cross-Border Asset Management Pilot Expands to 10 Institutions
The Hainan Free Trade Port cross-border asset management pilot program has expanded, with the number of filed institutions reaching 10. According to the Hainan Securities Regulatory Bureau, Huatai Securities' Guoxing Avenue Securities Business Department in Haikou completed its filing for the pilot on September 23, becoming the first securities sales institution in the program. The total includes 4 issuing institutions: Jinyuan Securities, Wanhe Securities, Huibaichuan Fund, and Peng'an Fund. The 6 sales institutions now include Huatai Securities and five banks: Industrial Bank Haikou Branch, SPD Bank Haikou Branch, China Merchants Bank Haikou Branch, CITIC Bank Haikou Branch, and Minsheng Bank Haikou Branch. Bank-type institutions have been entering the pilot since its launch, with China Merchants Bank Haikou Branch filing in December 2025 and CITIC Bank Haikou Branch in April 2026.
Read sourceHainan Free Trade Port Cross-Border Asset Management Pilot Expands to 10 Institutions
The Hainan regulatory bureau of the China Securities Regulatory Commission (CSRC) announced that Huatai Securities' Haikou Guoxing Avenue securities branch has completed filing for the Hainan Free Trade Port cross-border asset management pilot program, becoming the first securities sales institution in the pilot. As of September 23, the total number of filed pilot institutions has increased to 10. These include four issuing institutions: two brokerages (Jinyuan Securities and Wanhe Securities) and two fund companies (Huibaichuan Fund and Peng'an Fund). The six sales institutions include Huatai Securities and five banks: the Haikou branches of China Merchants Bank, CITIC Bank, China Minsheng Bank, Shanghai Pudong Development Bank, and Industrial Bank. The report notes that bank-type institutions have been entering the pilot since its launch, with China Merchants Bank Haikou Branch and CITIC Bank Haikou Branch completing their filings in December 2025 and April 2026, respectively.
Read sourceHainan Free Trade Port Cross-Border Asset Management Pilot Expands with 10 Institutions
The Hainan Free Trade Port's cross-border asset management pilot program has expanded, with the number of approved institutions reaching 10. According to the Hainan Securities Regulatory Bureau, Huatai Securities' Haikou Guoxing Avenue securities business branch completed its filing on September 23, becoming the first securities sales institution in the pilot. The 10 institutions include 4 issuers: Jinyuan Securities, Wanhe Securities, Huibaichuan Fund, and Peng'an Fund; and 6 sales institutions: Huatai Securities, and five banks including the Haikou branches of China Merchants Bank, CITIC Bank, China Minsheng Bank, Industrial Bank, and Shanghai Pudong Development Bank. The report notes that bank-type institutions have been entering the pilot since its launch, with China Merchants Bank Haikou Branch and CITIC Bank Haikou Branch completing filings in December 2025 and April 2026, respectively. The article is attributed to Caixin reporter Lin Jian.
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Huatai Securities Registers for Hainan Free Trade Port Cross-Border Asset Management Pilot, Expanding Sales to Securities Firms
Huatai Securities Co., Ltd.'s Haikou Guoxing Avenue Securities Business Department has completed registration for the Hainan Free Trade Port (FTP) cross-border asset management pilot, becoming a sales institution under the program. Since the pilot's launch in October 2025, sales institutions were primarily banks; Huatai's entry marks an expansion to securities firms. The pilot, governed by rules effective August 21, 2025, allows overseas investors to purchase various domestic financial products—including wealth management products, private asset management products, publicly offered securities investment funds, and insurance asset management products—issued by Hainan FTP financial institutions, with cross-border fund flows facilitated through the free trade account system. A Huatai Securities representative stated the move is a proactive choice to respond to Hainan's financial opening and seize cross-border innovation opportunities. The company will enhance its internal control system covering investor suitability, product introduction, risk prevention, and investor protection. Industry insiders believe that including securities firms as sales institutions will diversify channels for overseas investors to allocate RMB assets, further releasing the pilot's policy dividends and supporting Hainan's development as a window connecting domestic and international capital markets.
Hainan Free Trade Port Expands Cross-Border Asset Management Pilot with 10 Institutions
The Hainan Securities Regulatory Bureau has expanded the cross-border asset management pilot program for the Hainan Free Trade Port, adding 10 financial institutions. The list includes two public fund companies, three securities firms (including Huatai Securities' Haikou Guoxing Avenue branch), and five banks (including branches of China Merchants Bank, CITIC Bank, and Minsheng Bank in Haikou). According to the registration timeline, bank-type institutions have been entering the program gradually since its launch, with China Merchants Bank Haikou Branch completing registration in December 2025 and CITIC Bank Haikou Branch in April 2026. The report is sourced from Clique (财联社) and published on East Money's A-share companies channel.
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