China is expected to release rules requiring state-owned enterprises (SOEs) to submit their dividends to the government from the beginning of 2007. The…
China Merchants Bank's (CMB) initial public offering (IPO) was oversubscribed by 266 times when investors rushed to buy a share of the retail portion of…
Since China launched its reform of the domestic capital markets in May 2005, requiring listed companies to convert non-tradable state-owned shares into…
The China Securities Regulatory Commission has proposed new rules for initial public offerings (IPOs), to make it easier for companies to sell shares in…
Issued: June 15 2006Main contents: These Opinions seek to:- actively develop individual and group old-age pension insurance businesses;- encourage and…
From September 8 2006, share swaps will be allowed instead of cash payment when foreign companies merge with or acquire PRC companies, according to the…
Issued: May 28 2006Main contents: The Circular specifies the procedures for foreign-invested banks applying to engage in the provision of overseas financial…
Issued: August 14 2006Effective: as of date of issueMain contents: Fund management companies shall provide for risk reserves from their fund management…
Listed state-owned enterprises (SOEs) present strategic foreign investors with attractive investment opportunities, as they seem to have a pricing advantage and better corporate governance compared with domestic private companies. However, what challenges are involved in acquiring a minority stake in a listed SOE?