Capital Markets

China steps up measures to contain imported COVID-19 cases; HKEX launches master SPSA service for fund managers; and SAFE eases foreign borrowing regulations for high-tech startups.

Banks and insurance companies are allowed to engage in sovereign bond futures trading

Economy still stifled despite positive signs indicating success in containing virus; record issuance of force majeure certificates to Chinese businesses disrupted by epidemic; and JP Morgan indexes begin Chinese government bond inclusion

Wilson Wei Huo of Zhong Lun Law Firm discusses the recent SEC case involving PwC and highlights the wider implications for intermediary institutions providing professional services in a tightened regulatory and enforcement regime in China’s banking and financial sector

Foreign institutional investors are offered more channels to access the futures market

Listed companies may postpone their disclosure of annual reports in view of the coronavirus epidemic

Registered capital requirement for futures companies is raised

QFII scheme is streamlined

Coronavirus epidemic spreads globally as businesses told to postpone reopening; financial regulators unveil measures in response to virus-hit markets; and EU allows limited access to Huawei and other Chinese telecoms vendors

Spin-offs of listed companies have clear guidance