Securities investment fund management companies allowed to establish organizations in Hong Kong.
June 02, 2008
Capital Markets
A survey conducted by PricewaterhouseCoopers (PWC) showed that respondents remained optimistic under the credit crunch, but the pace of regulatory development…
June 02, 2008On April 18 2008, the CSRC promulgated the Administrative Rules on Material Asset Restructuring of Listed Companies. This represents another major move to improve the basic system of the domestic stock market in China, and signifies that the M&A and restructuring of China's listed companies has entered a new era of standardization and development.
June 02, 2008The Provisions detail the approval procedure of the board of directors of a listed company on material asset reorganization and related information disclosure obligations.
June 02, 2008The Circular allows commercial banks to engage in gold futures trading and specifies the conditions such as having the qualifications to trade in derivatives.
June 02, 2008The new circular issued by the CBRC represents a step towards the wider acceptance of commodities futures transactions, helping banks generate more business, provide more flexibility in gold trading, and improve competitiveness. The various conditions, application procedures and other requirements are extensive; while there are still some concerns about the operation of the new regulation, it is a step in the right direction.
June 02, 2008A material asset reorganization shall be constituted when the purchase or sale of assets by a listed company and by the companies in which it has a controlling interest or that it controls reaches any of the specified benchmarks
June 02, 2008The first IPO on the HKEX in the second quarter of this year
May 14, 2008Government gives green light for fund management firms to expand into Hong Kong
May 14, 2008Locked-up shares from the share reform released.
May 08, 2008