Brokerages must publish results by May

Securities brokerages in China must publish their annual results by May, the China Securities Regulatory Commission said Wednesday. The
South China Morning Post reported that brokerages must publish their audited reports on the China Securities Association website by May 31. Previously, only top brokerages had to report their results. The move towards greater transparency among China's brokerages is part of a push towards international accounting standards on the mainland. Last December, the regulator set a January 1 deadline for brokerages and fund management firms to abide by international accounting standards.