The Provisions add extra regulation by installing a more transparent and tightly controlled administration system and imposing additional requirements for foreign exchange registration.
China Merchants Bank's (CMB) initial public offering (IPO) was oversubscribed by 266 times when investors rushed to buy a share of the retail portion of…
China is expected to release rules requiring state-owned enterprises (SOEs) to submit their dividends to the government from the beginning of 2007. The…
National LegislationECONOMIC POLICYTentative Measures on Services Dealing with Complaints from Overseas Commerce of Chinese Enterprises中国企业境外商务投诉服务暂行办法L2130/06.08.16FINANCINGMeasures…
Since China launched its reform of the domestic capital markets in May 2005, requiring listed companies to convert non-tradable state-owned shares into…
Issued: September 27 2006Main contents: When underwriting large cap stocks, securities companies whose net capital comply with the standard and that are…
China's largest commercial lender, Industrial & Commercial Bank of China (ICBC), is planning a dual listing on the Hong Kong and Shanghai stock exchanges…
Clarifies criteria for the recognition of newly established enterprises, eligibility for the preferential income tax policies, the tax authority's power to determine such eligibility, the applicability for fixed periods of enterprise income tax reduction and exemptions.
Under the new guidelines, will the interests of fund unitholders be protected? What are the responsibilities of directors and shareholders under these new guidelines?
The Provisions underline the PRC's concern over inbound M&A activities. It adds extra regulations to the administration system, determination of qualified FIEs, certain M&A activities, and foreign exchange registration.