PBOC publishes draft law revision with new provisions on digital currency; SAFE official announces plans to roll out new QDII outbound investment quotas; and 2020 "Sword Net" operation to look into unfair competition in e-commerce sector
Shenzhen is spearheading reforms in capital account liberalization and promoting RMB internationalization
CBIRC governs investment of insurance capital in debt-for-equity plans by grade
New comprehensive reform plan for Shenzhen targeting fintech and financial sectors; new development plan for new energy vehicles promotes fast-charging stations and public service integration; and new State Council opinions proposes measures to improve quality of listed companies
State Council eases investment procedures for telecommunications services, oil products and QFIIs
FTSE Russell to become third major index provider to include China bonds; Luckin Coffee slapped with massive fine by SAMR; and Segway maker Ninebot to become first VIE entity to list in mainland
Bing Xue and Yang Chen of Han Kun Law Offices examine why Chinese companies are heading home to list on the A-share market or HKEX and discuss key listing requirements and conditions for red-chip enterprises listing on the STAR Market and HKEX Main Board including the vetting process
Independent fund sales institutions are not allowed to sell PE/VC funds on an agency basis
China issues draft rules easing foreign access to onshore bond markets; Citigroup becomes first U.S. bank to receive fund custody license; and Yum China bags $2.2 billion in Hong Kong secondary offering
Trump administration tightens choke-hold on Huawei's global access to chips; China to trial direct access for foreign investors to interbank bond market; and index provider MSCI launches climate change indexes for China stocks
