China Law News

• Legislation roundup: Data protection, corporate governance and Beijing IP protection

  MIIT draft law defines core data for the first time. Sponsors are responsible for guiding listed companies in enhancing corporate governance. Beijing Municipality opens up IP-related arbitration to foreign institutions.

  October 15, 2021

• In the News: Meituan Fine; Shorter Negative List; and Foreign Investment Record

  Meituan fined for abusing dominant position; Draft market access negative list released; and SAFE data shows record high foreign investment into China

  October 12, 2021

  

• Legislation roundup: Insurance capital, ChiNext and Star Market

  CBIRC relaxes procedures for insurance companies' funds investment. ChiNext and Star Market rules amended to prevent suppression of IPO prices by combined efforts.

  September 30, 2021

• In the News: PBOC Crypto Ban; Overseas Coal Plants; and PCAOB Final Rule

  PBOC reaffirms nationwide ban on cryptocurrencies and related transactions; President Xi announces pause on coal-fired projects abroad; and PCAOB adopts final rule to implement US delisting regime

  September 28, 2021

  

• Legislation roundup: Commercial banks, offshore loans and wealth management

  CBIRC imposes regulatory ratings on banks to control risks. SAFE sets a ceiling on offshore bank loans. Wealth management products are subject liquidity risk control.

  September 24, 2021

• In the News: HKEX SPAC Consultation; US-China Tech Investment; and MIIT Auto Data

  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.

  September 20, 2021

  

• Legislation roundup: Internet of vehicles, Bond Connect and insurance branches

  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.

  September 17, 2021

• In the News: Wealth Management Connect; 'Too Many' Electric Vehicle Makers; and LCS Agreement with Indonesia

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

  September 13, 2021

  

• Legislation roundup: Beijing Stock Exchange and insurance group companies

  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.

  September 10, 2021

• In the News: Beijing SME Exchange; BNP Paribas Wealth; and Hainan Asset Management

  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

  September 07, 2021