Capital Markets

• China Securities Regulatory Commission, Contents and Formats for Information Disclosure by Companies That Offer Shares to the Public Guidelines (No.22): Securities Company Bonds Listing Announcements

  中国证券监督管理委员会公开发行证券的公司信息披露内容与格式准则第22号－证券公司债券上市公告书

  Issued: August 29 2003Effective: October 8 2003Main contents: Securities companies issuing bonds to the public must prepare a listing announcement prior…

  October 02, 2003

• China Securities Regulatory Commission, Information Disclosure of Private Issue of Bonds by Securities Companies Guidelines

  中国证券监督管理委员会证券公司定向发行债券信息披露准则

  Issued: August 29 2003Effective: October 8 2003Main contents: The issuer should ensure that qualified investors who participate in the subscription or…

  October 02, 2003

• Other Recent Legislation for this Month

  National LegislationRailway and RoadsAdministration of the Construction of Railroads Procedures 铁路建设管理办法L4400/03.07.31Asset ValuationAppraisal…

  October 02, 2003

• Further Regulation of Work Related to Initial Public Offerings and Listings Circular

  关于进一步规范股票首次发行上市有关工作的通知

  A circular on the administration and requirements of initial public offerings or listing of shares by companies limited by shares.

  October 02, 2003

• Shanghai Stock Exchange, Large Transactions Implementing Rules (Revised)

  上海证券交易所大宗交易实施细则 (修订)

  Issued: August 17 2003Effective: August 20 2003Interpreting authority: Shanghai Stock ExchangeMain contents: The revised Implementing Rules fix the time…

  September 02, 2003

• Shenzhen Stock Exchange, Large Transactions Implementing Rules (Revised)

  深圳证券交易所大宗交易实施细则 (修订)

  Issued: August 25 2003Effective: as of date of issueInterpreting authority: Shenzhen Stock ExchangeApplicability: It is extended to include trading of…

  September 02, 2003

• China Securities Regulatory Commission, Administration of Securities Company Bonds Tentative Measures

  中国证券监督管理委员会证券公司债券管理暂行办法

  Issued: August 29 2003Effective: October 8 2003Applicability: "Securities company bonds" is defined as negotiable securities (excluding convertible corporate…

  September 02, 2003

• Buying Enterprise Bonds: The CIRC Relaxes the Rules

  By Mao Baigen & Roland Sun, Pu Dong Law Office, ShanghaiThe China Insurance Regulatory Commission (CIRC) recently relaxed the limitations that are…

  September 02, 2003

• New Real Estate Securitization Law Unveiled

  By Vincent Hsieh and Erik Chen, Winkler Partners, TaipeiOn July 10 2003, Taiwan's Legislature passed in special session the long-awaited Real Estate Securitization…

  September 02, 2003

• Perspectives on Acquisitions of Non-listed Shares

  By Jonathan Pan, Llinks Law Office, ShanghaiState-owned shares and legal persons shares in PRC listed companies (collectively, "non-listed shares") have…

  September 02, 2003