Capital Markets

Listed companies required to set up files of persons with insider information.

Entry thresholds lowered for fund management companies engaging in dedicated asset management.

Mofcom's new security review measures heightens scrutiny of variable interest entity (VIE) structures operating in areas of PRC national concern

Trust companies allowed to trade stock index futures.

New guidelines from China's banking authority open up stock index futures trading to trust companies. However, strict restrictions and stringent qualification criteria have drawn mixed reactions from trust players

Rules for lawyers to follow when verifying the offering of a securities investment fund.

Overseas investors may indirectly own 5% of equity interest in securities companies.

Original documents are required for lawyers' verification of legal personality.

The Rules specify the details a lawyer is required to review and verify in cases such as when a securities investment fund management company is to be established, when a change in the shareholders of a securities investment fund management company occurs and when a securities investment fund is to be offered.