European Commission releases draft regulation tightening requirements on foreign state-backed investors; Mainland-Hong Kong wealth link imminent following release of implementation rules; and Shanghai to trial first-ever options contract available to foreign investors
Operators of critical information infrastructure bear heightened counter-espionage security obligations
China failing to protect U.S. companies' IP according to USTR report; French banking giant BNP Paribas applies for securities business; and PRC Futures Law submitted to NPCSC for first reading
Guangzhou Futures Exchange opens, offering hedging tools for imminent nationwide carbon trading market; PBOC removes eligibility of fossil fuel projects for green bond financing; and State Council approves services opening-up in four regions and cities
Operation of the interbank bond market is improved
HKEX proposes stricter ESG, corporate governance disclosures and standards; PBOC tightens rules surrounding anti-money laundering, terrorist financing efforts by financial institutions; and NDRC furthers Hukou reform with latest directive
CBIRC expands the scope of due diligence on banking customers
FTSE Russell proposes index re-inclusion following Xiaomi court success; Commerce, FCC ramp up scrutiny of Chinese ICTS, telecom companies; and China bans Tesla from military bases over security concerns
Pledgees are allowed to realize the pledged stock
U.S.-China tensions remain number one concern among U.S. companies in China; FCC designates five Chinese companies as national security threats; and PBOC, SAFE launch pilot program in Beijing, Shenzhen for multinationals' foreign exchange purchases
