In the News: China Convicts Ex-UBS Banker for Insider Trading; New China-Japan ETF Connectivity Scheme; and M&A Profitability Requirements

In a landmark case, an ex-UBS banker was jailed for nine years for cross-border insider trading; the China-Japan ETF Connectivity scheme was launched with four index-tracking ETFs; and the CSRC is considering lifting profitability rules on listed company M&A activities.