In the News: Alibaba's Proposed Hong Kong Listing; Debt-Equity Swaps; A-Share Investment for Insurers; and Higher Penalties for IP Violations

Alibaba files for Hong Kong listing that could raise $20 billion; China's state planner will encourage more debt-to-equity swaps; insurers likely to be allowed to up investments in Chinese A-shares; and official proposes beefing up penalties for IP violations.