China Law News

The HKEX has published a consultation paper to introduce its SPAC listing regime; US-China bilateral tech investment plummets 96%; and MIIT calls on telecoms and auto companies to strengthen data protection policies.

Intelligent connected vehicle makers have data protection obligations. Southbound trading is launched for Bond Connect between mainland China and Hong Kong. Establishment of insurance branches demands stricter solvency ratio requirements.

GBA Wealth Management Connect launched; minister calls for consolidation of Chinese EV manufacturers; and China-Indonesia local currency settlement agreement implemented

Beijing Stock Exchange, which targets innovative SMEs, issues its listing and trading rules. An insurance group company may invest directly or indirectly in non-insurance subsidiaries.

Beijing stock exchange hosting innovative SMEs announced; BNP Paribas in talks to launch majority-owned wealth management venture; and Hainan to trial cross-border asset management operations

Draft E-Commerce Law accords greater protection to IP rights holders. CBIRC sets new requirements for naming of property insurance products. New rules allow for priority registration of medical devices.

SEC begins asking Chinese companies for more VIE-related disclosures; SPC publishes model cases involving labor disputes as "996" crackdown continues; and CAC publishes draft rules for algorithm recommendation services

The official Personal Information Protection Law provides for transfer of data handling. Important auto data requires a security assessment when transferred overseas. Corporate deregistration is made easier.

National People's Congress passes landmark personal information protection law; SAMR releases draft unfair competition rules for internet industry; and State Council finalizes long-awaited draft on CII operators