Legislation roundup: Strategic investment, production of imported medical devices and contingency plan for data security incidents

A foreign investor is allowed to subscribe for new shares of a listed company as a placement target determined by means of competitive bidding. NMPA clarifies the qualifications of a foreign-invested enterprise that may produce imported medical devices in China. Large data security incidents are required to be reported to the local industry regulator.

By Susan Mok

Capital Markets

China Securities Regulatory Commission, State-Owned Assets Supervision and Administration Commission of the State Council, State Taxation Administration, State Administration for Market Regulation and State Administration of Foreign Exchange, Measures for the Administration of Strategic Investments in Listed Companies by Foreign Investors

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