Capital Markets

• China Securities Regulatory Commission, Guidelines on the Application of Regulatory Rules: Information Disclosure by Shareholders of Enterprises Applying for Initial Public Offerings

  中国证券监督管理委员会监管规则适用指引——关于申请首发上市企业股东信息披露

  CSRC imposes requirements for adding new shareholders prior to an IPO application

  February 25, 2021

• China Securities Regulatory Commission, Guidelines for the Operation of Publicly Offered Securities Investment Funds No. 3: Guidelines for Index Funds

  中国证券监督管理委员会公开募集证券投资基金运作指引第3号——指数基金指引

  CSRC issues guidelines on index funds aiming to protect investors

  February 04, 2021

• In the News: Securities Ban Delay; US-China Financial Investment; and Carbon Trading Launch

  Biden delays implementation of part of Trump's military investment ban; U.S.-China financial investment flows far greater than official figures according to new report; and China launches national carbon emissions trading market

  February 01, 2021

  

• Laying the Groundwork for China's Securities Class Action Legal System

  Liu Siyuan of Jingtian & Gongcheng Law Firm discusses the revised Securities Law and the rules issued by the Supreme People's Court that provide support for the implementation of a securities class action legal system in China, and the benefits and difficulties for investors and listed companies in future litigation.

  January 21, 2021

  

• In the News: More Military Companies Listed; "Foreign Adversary" ICTS Restrictions; and EUCham China Report

  Nine more Chinese companies added to U.S. military company list; Commerce Dept. names China a foreign adversary, setting stage for tech transaction restrictions; and EU chamber report cites digital decoupling as biggest threat to EU companies

  January 18, 2021

  

• In the News: China Counters Foreign Sanctions; More Chinese Securities Removals; and Revised Internet Rules

  China prohibits compliance with foreign sanctions, rules targeting Chinese entities; FTSE Russell, MSCI, S&P Dow Jones drop Chinese telecom companies; and CAC releases revised internet regulation draft

  January 11, 2021

  

• National Development and Reform Commission and Ministry of Commerce, Negative List for Market Access (2020 Version)

  国家发展改革委、商务部市场准入负面清单 (2020年版)

  Qualifications recognition of mining assessors is relaxed

  January 08, 2021

• In the News: China-EU Investment; Chinese Telecom Delistings; and Foreign Insurer Rules

  China and European Union agree major investment deal; New York Stock Exchange begins process of delisting three Chinese telecom giants; and CBIRC issues draft clarifying market access rules for foreign insurers

  January 04, 2021

  

• In the News: Foreign Investment Review; More Entity Listings; and MSCI Removals

  NDRC, MOFCOM launch new national security review for foreign investments; Trump administration adds SMIC and dozens other Chinese entities to Entity List; MSCI drops seven Chinese companies from indices following Trump Executive Order

  December 21, 2020

  

• In the News: Delisting Bill Passed; Encryption Export Controls; Shadow Banking Report

  U.S. House unanimously passes Holding Foreign Companies Accountable Act; China releases first export control list under new regime, targetting encryption technologies; CBIRC publishes shadow banking report, defining sector for first time

  December 07, 2020