The Circular aims to improve the pricing mechanism for initial public share offerings. Issues such as procedures for price inquiries, price determinations, and format of share offerings are addressed.
January 31, 2005
Banking and Finance Laws
National LegislationBankingEngagement in Insurance Agency Business by Mainland Branches of Hong Kong and Macao Banks Notice 关于香港和澳门银行内地分行从事代理保险业务的公告L3610/04.11.01Business…
November 30, 2004Promulgated: October 18 2004Effective: November 1 2004Interpreting authority: People's Bank of ChinaApplicability: "Short-term bonds of securities companies"…
November 30, 2004By Roy Zhang and Allen [email protected];[email protected] in the global financing of a multinational group, the…
November 30, 2004Relaxed requirements for foreign invested financial institutions in renminbi business, profitability requirement, branch office establishment and starting insurance agency service.
November 30, 2004A financial institution is required to transfer the reserve deposit to designated accounts every month. The foreign exchange reserve deposit ratio is unified at 3%.
November 30, 2004Allows insurance companies and insurance asset management companies to directly purchase and trade renminbi-denominated common stock, and to directly purchase convertible corporate bonds and other specified investment product.
November 30, 2004Definition for investment in and establishment of enterprises overseas by PRC companies, and the administrative responsibilities of Ministry of Commerce.
October 31, 2004Qualifications for NDRC-commissioned investment management consultations.
October 31, 2004By Snow Chen and Andrew [email protected]; [email protected] the backdrop of China's real property bubble, the China…
October 31, 2004