Capital Markets

• Riding the Market Tide

  乘着市场的浪潮

  Weiguo Wang, Jiejiang Wu and Maoxian Qin of Jingtian & Gongcheng analyze the major forces driving China's capital markets: IPOs, backdoor listings and foreign investment. 竞天公诚律师事务所的王卫国、吴杰江和秦茂宪分析了推动中国资本市场的主要力量：IPO措借壳上市和外国投资。

  January 08, 2017

• State Council, Guiding Opinions for the Market-oriented Conversion of Bank Claims to Equity

  国务院关于市场化银行债权转股权的指导意见

  State Council regulates debt-for-equity swaps of banks.

  November 14, 2016

• China Securities Regulatory Commission, Several Provisions on the Mechanisms to Provide Mutual Trading Access Between the Mainland and Hong Kong Stock Markets

  中国证券监督管理委员会内地与香港股票市场交易互联互通机制若干规定

  Investors enjoy property rights in stocks purchased through the Shanghai/Shenzhen-Hong Kong Stock Connect.

  November 14, 2016

• China Central Depository & Clearing Co., Ltd., Guidelines on Bond Business in the China (Shanghai) Pilot Free Trade Zone

  中央国债登记结算有限责任公司中国（上海）自由贸易试验区债券业务指引

  Shanghai FTZ has opened the renminbi bond market

  November 14, 2016

• China Insurance Regulatory Commission, Circular on Matters Relevant to Strengthening the Oversight of the Investment in Shares by Insurance Institutions and Persons Acting in Concert Therewith (Draft for Comments)

  中国保险监督管理委员会关于加强保险机构与一致行动人股票投资监管有关事项的通知 (征求意见稿)

  Issued: August 26 2016 Main contents: According to the Draft, where an insurance institution is to acquire a listed company, it shall use…

  November 14, 2016

• National Council for Social Security Fund, Tentative Measures for the Administration of Investment of the National Social Security Fund by Means of Trust Loans (2016 Revision)

  全国社会保障基金理事会全国社会保障基金信托贷款投资管理暂行办法（2016年修订版）

  NSSF has tightened trust loan security requirements.

  November 14, 2016

• Supplementary Circular on Value-added Tax Policies on the Interbank Transactions of Financial Institutions and Other Matters

  关于金融机构同业往来等增值税政策的补充通知

  Investment income from the interbank renminbi market exempted from VAT.

  October 11, 2016

• Supplementary Circular on Value-added Tax Policies on the Interbank Transactions of Financial Institutions and Other Matters

  关于金融机构同业往来等增值税政策的补充通知

  Investment income from the interbank renminbi market exempted from VAT.

  October 11, 2016

• China Securities Regulatory Commission, Provisions for the Administration of the Subsidiaries of Fund Management Companies (Draft for Comments)

  中国证券监督管理委员会基金管理公司子公司管理规定 (征求意见稿)

  Issued: August 12 2016 Main contents: A fund management company that establishes a subsidiary shall make its capital contribution thereto…

  August 26, 2016

• Questions and Answers Concerning Registration and Record Filing of Private Funds (10)

  私募基金登记备案相关问题解答（十）

  Wholly foreign-owned and equity joint private fund managers allowed.

  August 11, 2016