Capital Markets

• China Securities Regulatory Commission, Tentative Measures for the Administration of the Futures Investor Protection Fund

  中国证券监督管理委员会期货投资者保障基金管理暂行办法

  The futures investor protection fund may grant full compensation for losses of Rmb 100,000 or below.

  June 02, 2007

• People's Bank of China and National Development and Reform Commission, Tentative Measures for the Administration of the Issuance of Renminbi Bonds in the Hong Kong Special Administrative Region by Domestic Financial Institutions

  中国人民银行、国家发展和改革委员会境内金融机构赴香港特别行政区发行人民币债券管理暂行办法

  Hong Kong becomse the first renminbi bond market outside mainland China.

  June 02, 2007

• China Banking Regulatory Commission and State Administration of Foreign Exchange, Tentative Measures for the Administration of the Entrusted Overseas Financial Management Business of Trust Companies

  中国银行业监督管理委员会、国家外汇管理局信托公司受托境外理财业务管理暂行办法

  Trust companies admitted to the QDII group.

  June 02, 2007

• General Office of the China Banking Regulatory Commission, Circular on Revising the Scope of Overseas Investment for Overseas Financial Management Services on Behalf of Customers of Commercial Banks

  中国银监会办公厅关于调整商业银行代客境外理财业务境外投资范围的通知

  Commercial bank QDIIs allowed to invest in overseas stocks.

  June 02, 2007

• Shenzhen Stock Exchange, Rules on the Administration of Proceeds of Companies Listed on the Small and Medium-sized Enterprise Board (2007 Revision)

  深圳证券交易所中小企业板上市公司募集资金管理细则(2007年修订)

  Companies listed on the Shenzhen SME board required to establish a management system for proceeds.

  June 02, 2007

• China's State Investment Company To Acquire Stake In Us Private Equity Group

  China's State Investment Company (SIC) has agreed to make a US$3 billion investment in The Blackstone Group, in the form of non-voting common units. The…

  June 02, 2007

• China Securities Regulatory Commission, Trial Measures for the Provision of Intermediary Services by Securities Companies to Futures Companies

  中国证券监督管理委员会证券公司为期货公司提供中间介绍业务试行办法

  Securities companies mayoffer intermediary services for affiliated futures companies.

  June 02, 2007

• China Securities Regulatory Commission, Implementing Measures for Restricting Securities Transactions

  中国证券监督管理委员会限制证券买卖实施办法

  Restricting securities transactions as a means of trading regulation.

  June 02, 2007

• Circular on Revising the Scope of Overseas Investment for Overseas Financial Management Services on Behalf of Customers of Commercial Banks

  关于调整商业银行代客境外理财业务境外投资范围的通知

  This circular revises the scope of overseas investment, and sets out conditions on offering a product of overseas financial management in overseas stocks.

  June 02, 2007

• Share Pledges in China: Prospects under the New Property Law

  The PRC Property Law improves upon the existing vague legal provisions and inconsistent local authority practices regarding share pledges.

  June 02, 2007