Capital Markets

• China Securities Regulatory Commission, Several Questions Concerning Major Asset Purchases, Sales and Exchanges by Listed Companies Circular

  中国证券监督管理委员会关于上市公司重大购买、出售、置换资产若干问题的通知

  Issued: December 10 2001Effective: January 1 2002Applicability: For the purposes of the Circular, an asset purchase, sale or exchange shall be deemed "major"…

  January 31, 2002

• China Securities Regulatory Commission, Administration of Securities Houses Measures

  中国证券监督管理委员会证券公司管理办法

  Regulates the business scope, foreign stakeholding, lawful activities, establishment procedures and staffing requirements for securities houses in China.

  January 31, 2002

• Supreme People's Court, Questions Concerning the Acceptance of Civil Tort Dispute Cases Arising from False Representation in the Securities Market Circular

  最高人民法院关于受理证券市场因虚假陈述引发的民事侵权纠纷案件有关问题的通知

  Civil procedures for commencing litigation arising from false representation, following an investigation by the CSRC.

  January 31, 2002

• Opening of the Securities Industry

  The China Securities Regulatory Commission (CSRC), the watchdog of the Chinese securities market, hopes to improve the quality of Chinese investment banks…

  January 31, 2002

• Market Access Report: The Banking Sector

  China's accession to the World Trade Organization is expected to create new opportunities for foreign banks. By June 2001, 190 foreign invested banks had…

  December 31, 2001

• Taiwan WTO Survey: Getting a Head Start on Reform

  Taiwan has become a new member of the World Trade Organization. An excerpt on how it has prepared itself to meet the challenges of stronger ties to its global trading partners.

  December 31, 2001

• Foreign Investment Issues Relating to Listed Companies Several Opinions

   关于上市公司涉及外商投资有关问题的若干意见

  A set of opinions issued by the Ministry of Foreign Trade and Economic Cooperation on listing and issuing of shares by foreign funded companies limited by shares.

  December 31, 2001

• Absorption of Foreign Capital by Financial Asset Management Companies to Participate in Asset Restructuring and Disposal Tentative Provisions

  对外贸易经济合作部、财政部、中国人民银行金融资产管理公司吸收外资参与资产重组与处置的暂行规定

  A set of provisions which deals with foreign investment and regulation of absorption of foreign capital for participation in restructuring and disposal of assets by financial asset management companies.

  December 31, 2001

• Going Public: New Rules Allow Listing of FIEs

  Traditionally, foreign investment enterprises (FIEs) could only raise capital by means of bank loans and private equity placements. This restrictive capital-raising situation for foreign investment enterprises has now come to an end.

  December 31, 2001

• Other Recent Legislation for this Month

  National LegislationBankingPeople's Bank of China, Financial Rules and Normative Documents Decided to be Repealed Catalogue中国人民银行决定废止的一批金融规章和规范性文件目录…

  December 31, 2001