The Measures have been revised to pave the way for seed funding requiring the size of the fund to be at least Rmb50 million and the number of fundholders to be at least 200.
September 12, 2012
Capital Markets
The limit on the total of the holdings of the A shares of a single listed company by all QFIIs is now increased from 20% to 30% of the listed company's total shares. The qualification thresholds for QFIIs have also been relaxed.
September 12, 2012Futures companies allowed to tap into the wealth management business.
September 11, 2012Asset-backed notes issued on the interbank bond market.
September 11, 2012Shanghai Stock Exchange serves as the platform for margin trading and short sale of securities.
September 11, 2012China steps up its developing margin trading programme.
September 11, 2012The maximum translation rate for stocks underlying margin trading or short sale of securities shall not exceed 65%.
September 11, 2012Shenzhen Stock Exchange serves as the platform for margin trading and short sale of securities.
September 11, 2012An issuer needs to convene a board meeting if the price-earnings ratio of its proposed share price is higher than the industrial average by 25%.
July 12, 2012Share issuers and lead underwriters allowed to determine share pricing through negotiation between themselves.
July 12, 2012