China Merchants Securities (06099) announced that the company recently received a reply from the China Securities Regulatory Commission (referred to as CSRC) regarding the participation of China Merchants Securities Co., Ltd. in carbon emissions trading (Institution Letter [2024] No. 2248) (hereinafter referred to as the reply). According to the reply, the company's self-operated business can participate in carbon emissions trading at legal trading venues within China.
The company will operate in compliance with relevant regulations and the requirements of the reply, aiming to serve the real economy, reduce emission reduction costs for society as a whole, and promote the economic transition and upgrading towards a green and low-carbon model. Related business will be incorporated into the company's comprehensive risk management system.
