Shenzhen expands the scope of PE investments
Shenzhen expands the scope of PE investments
Na Wang and Yihui Liu, partners of Tian Yuan Law Firm, examine the Chinese securities regulator's key issues of concern with respect to overseas listings, and offer insights into the most recent regulatory trends
China designates four pilot areas for foreign investment into telecommunications without ownership caps; CFIUS may be allowed to request more information on transactions that were not filed with them; and CSRC proposes tighter controls on programme trading
China lifts foreign investment restrictions on value-added telecommunications services. Generative AI service providers are required to conduct self-assessments of the security of their training data. SAFE simplifies foreign exchange procedures for foreign trade enterprises.
Measures are laid out for handling of sensitive data by banking and insurance institutions
A data transfer path is required for transferring natural resources data
Shanghai opens new data service center designed to allow for freer data flows; A bipartisan bill introduced in the U.S. Congress would prevent index funds from investing in Chinese companies; and Former employees of Chinese tech giants, even those who worked at a junior level, are bound by non-compete clauses.
Data handlers are required to identify core and key data. Measures are laid out for handling of sensitive data by banking and insurance institutions. A data transfer path is required for transferring natural resources data.
The carrying out of specialized subcontracting of road works is encouraged
Special audits may be required targeting personal information and data security compliance