Capital Markets

The scope of jurisdiction of the Shanghai Financial Court is expanded to include foreign-related cases

CSRC tightens corporate management's information disclosure obligations

Operation of the interbank bond market is improved

HKEX proposes stricter ESG, corporate governance disclosures and standards; PBOC tightens rules surrounding anti-money laundering, terrorist financing efforts by financial institutions; and NDRC furthers Hukou reform with latest directive

SEC unveils amendments to implement law targeting U.S.-listed Chinese companies; China outlines plans to improve workers' protections in platform economy; and NDRC streamlines approvals process for foreign investment in encouraged industries

CSRC redefines major shareholders of securities companies

CSRC implements a registration system for corporate bond offerings

Pledgees are allowed to realize the pledged stock

Luokung Technology sues the U.S. government over CCMC designation; U.S. senators reintroduce bill proposing to bar blacklisted Chinese companies from U.S. capital markets; and VIE structures expected to undergo greater scrutiny under Chinese merger control regime according to new report