المادة 103: Securities Advertisements and Promotional Materials

Article 103: Securities Advertisements and Promotional Materials

Distributors may not advertise or communicate securities advertisements and promotional materials in respect of a foreign fund unless the following conditions are fulfilled:

1) the securities advertisement is sent solely to persons to whom a private placement of a foreign fund may lawfully be made in accordance with this Part;

2) the securities advertisement is to satisfy the relevant requirements of the Securities Business Regulations and the Capital Market Institutions Regulations.