Capital Markets

Trump issues executive orders barring transactions with WeChat, TikTok after 45 days; U.S. officials recommend delisting non-compliant Chinese firms by 2022; China introduces tax, investment incentives for domestic chipmakers

Insurance companies' allocation of equity assets is subject to oversight according to their solvency

Foreign bank branches may engage in fund custody business

Chinese companies that fail to have their audits inspected face the threat of delisting

TikTok in limbo after Trump's threat to ban app from U.S. market; Luckin to be penalized by Chinese regulators over falsified sales; and Hong Kong bourse launches hedging tools for tapping A-share market

The Supreme People's Court issues the first guidelines on trial of bond disputes

The interbank bond market and stock exchange bond market are integrated

The interbank foreign exchange market launches prime brokerage business

Trump strengthens sanctions over Hong Kong with executive order; China integrates fragmented bond markets to facilitate greater investment; U.K bars Huawei equipment from 5G networks citing U.S. sanctions