Private banking in China only received its baptism in September 2005 with the promulgation of the Interim Administrative Rules on Private Wealth Management Business of Commercial Bank. Some commentators have argued that the monetary threshold for the private wealth management regime is so low that its regulatory ambit covers territory more properly classified as retail banking than true private banking. By Jane Jiang, counsel, Corporate Practice, Allen & Overy Beijing and Fai-hung Cheung, counsel, Banking Practice, Allen & Overy Shanghai
China's Ministry of Commerce has issued two circulars which delegate power and loosen its grip on approving foreign investment into the PRC. Investors in private equity and retail are the biggest benefactors.
China's Ministry of Commerce has issued two circulars which delegate power and loosen its grip on approving foreign investment into the PRC. Investors in private equity and retail are the biggest benefactors.
China Securities Regulatory Commission (CSRC) has issued amendments to theMeasures for the Administration of the Takeover of Listed Companies 《上市公司收购管理办法》,…
China Securities Regulatory Commission has announced draft regulations on brokers to further supervise and regulate their activities in the stock market.…
Train manufacturer China Southern Railroad has raised over Rmb10 billion (US$1.47 billion) in a dual IPO in Hong Kong and Shanghai, with GE Equity making…