Capital Markets

Expansion nationwide of the new third board pilot project is formally initiated.

State Council relaxes approval requirements for foreign projects.

A series of reforms should help to restart China's capital markets in 2014. Although the changes are a positive step, they create problems for law firms and leave some serious structural problems unresolved

A series of reforms should help to restart China's capital markets in 2014. Although the changes are a positive step, they create problems for law firms and leave some serious structural problems unresolved

The Negative List specifies foreign investment projects that are restricted or prohibited in the Shanghai Pilot Free Trade Zone.

The CSRC will review the contents of offer application documents and information disclosures for their legal compliance, but will not make any determination as to the profitability and investment value of issuers.

Unaudited quarterly financial statements required to be provided in the prospectus after financial report audit date.

IPO issuers required to provide data comparison with competitors.

China allows issuance of preference shares.