Banking and Finance Laws

Shenzhen is spearheading reforms in capital account liberalization and promoting RMB internationalization

State Council eases investment procedures for telecommunications services, oil products and QFIIs

TikTok drops U.S. sale, to partner with Oracle instead; China, EU investment treaty talks enter critical phase; and Goldman Sachs to take full control of securities JV

China issues draft rules easing foreign access to onshore bond markets; Citigroup becomes first U.S. bank to receive fund custody license; and Yum China bags $2.2 billion in Hong Kong secondary offering

China restricts AI exports, TikTok sale in jeopardy; Mengniu's Australian purchase falls through with no government approval forthcoming; JPMorgan buys out mutual fund JV partner for $1 billion

Jennifer Zhang of East & Concord Partners examines new measures to open up the Chinese interbank bond and foreign exchange markets

Trump administration tightens choke-hold on Huawei's global access to chips; China to trial direct access for foreign investors to interbank bond market; and index provider MSCI launches climate change indexes for China stocks

U.S. business group survey indicates companies are not leaving China market; digital currency pilot set for expansion to major Chinese cities; and foreign nationals from 36 European countries allowed entry into country

Foreign bank branches may engage in fund custody business

TikTok in limbo after Trump's threat to ban app from U.S. market; Luckin to be penalized by Chinese regulators over falsified sales; and Hong Kong bourse launches hedging tools for tapping A-share market