The Shanghai and London stock exchanges’ connect program has finally launched; new rules have been introduced to limit speculative trading of stocks on China’s new technology and innovation board; and the CSRC has urged major brokerages in the China to help smaller operations in the country's non-banking financial sector.
The Shanghai-London Stock Connect program has finally started, with Chinese brokerage Huatai Securities raising $1.5 billion in its debut listing.
Alibaba files for Hong Kong listing that could raise $20 billion; China's state planner will encourage more debt-to-equity swaps; insurers likely to be allowed to up investments in Chinese A-shares; and official proposes beefing up penalties for IP violations.
China's internet regulator releases a draft of data protection law for public consultation; regulators take over Baoshang Bank due to serious credit risk exposure; and CSRC vice chair Yan Qingmin pushes for tougher penalties.
Foreign investors' bond investments are facilitated
The system for suspension of the listing and trading of securities may be abolished
The People's Bank of China and State Administration of Foreign Exchange have issued draft rules that will allow foreign investors to switch bond investments between China's foreign investment channels.
Shanghai FTZ allows an increase in plot ratio of land
Full disclosure of VIE structure is required for listing on the Science and Technology Innovation Board
The CSRC has agreed its first administrative settlement with Goldman Sachs and Gao Hua Securities; seven themed funds were approved for Shanghai's new Sci-Tech Board; and the National People's Congress is reviewing measures to tighten up the production and sale of drugs.
