Proceeds in excess of companies listed on China Gem may not be used for securities investment.
Investment limit of a QDII may be taken back by Safe if not used effectively.
Ratio of bond investment of insurance companies increased.
New rules allow greater investments in China's capital markets and impose a shorter lock-up period, but failure to comply could lead to the loss of QFII status
The Provisions raise the maximum investment limit of a QFII to US$1 billion but also prohibit a QFII from transferring such limit.
Pricing for exchangeable bonds made clear.
Sasac restricts state-owned shareholders from reducing shareholdings.
More scrutiny of banks' M&A activity.
China issue rules to regulate provision of financial information services by foreign organisations.
Llinks Law OfficesChristophe Han and Leo [email protected], [email protected] On June 24, the State-owned Assets Supervision and Administration…