Morgan Stanley's October 2 2006 acquisition of China's Nan Tung Bank resulted in the US investment bank gaining a commercial banking licence in China,…
Promulgated: August 4 2006Effective: September 1 2006Interpreting authority: China Securities Regulatory CommissionMain contents: Apart from retaining…
In the world's biggest initial public offering (IPO) to date, the dual listing of Industrial & Commercial Bank of China (ICBC), China's biggest bank by…
Issued: August 24 2006Effective: September 1 2006Main contents: The Circular specifies the asset scales required for qualified foreign institutional investor…
Promulgated: August 4 2006Effective: September 1 2006Interpreting authority: China Securities Regulatory CommissionMain contents: Apart from retaining…
Promulgated: August 4 2006Effective: September 1 2006Interpreting authority: China Securities Regulatory CommissionMain contents: The new Guidelines revise…
Promulgated: August 4 2006Effective: September 1 2006Interpreting authority: China Securities Regulatory CommissionMain contents: In the case of a management…
Promulgated: August 24 2006Effective: September 1 2006Main contents: The Measures comprise:Part One: General ProvisionsPart Two: Conditions for Qualifications…
Issuance of hybrid capital bonds now requires disclosure of various matters, which include the capital adequacy ratio for the past three years, business position, risk alert, and so on.
The minimum duration of business establishment and assets for QFII status is clearly set out. Limitations on shareholding percentages of securities investments in China by foreign investors are imposed.