China's largest commercial lender, Industrial & Commercial Bank of China (ICBC), is planning a dual listing on the Hong Kong and Shanghai stock exchanges…
October 01, 2006
Capital Markets
China is expected to release rules requiring state-owned enterprises (SOEs) to submit their dividends to the government from the beginning of 2007. The…
October 01, 2006China 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…
October 01, 2006Since China launched its reform of the domestic capital markets in May 2005, requiring listed companies to convert non-tradable state-owned shares into…
October 01, 2006The China Securities Regulatory Commission has proposed new rules for initial public offerings (IPOs), to make it easier for companies to sell shares in…
October 01, 2006National LegislationACCOUNTINGEnterprise Accounting Guidelines No.33 Consolidated Financial Statements企业会计准则第33号 - 合幷财务报表L3100/06.02.15(33)Enterprise…
September 02, 2006Issued: June 15 2006Main contents: These Opinions seek to:- actively develop individual and group old-age pension insurance businesses;- encourage and…
September 02, 2006From September 8 2006, share swaps will be allowed instead of cash payment when foreign companies merge with or acquire PRC companies, according to the…
September 02, 2006Issued: May 28 2006Main contents: The Circular specifies the procedures for foreign-invested banks applying to engage in the provision of overseas financial…
September 02, 2006Issued: August 14 2006Effective: as of date of issueMain contents: Fund management companies shall provide for risk reserves from their fund management…
September 02, 2006