Being the first U.S. domestic issuer to have a secondary listing in Hong Kong required navigating difficult SEC and SFC requirements
May 07, 2021
China Law News
China failing to protect U.S. companies' IP according to USTR report; French banking giant BNP Paribas applies for securities business; and PRC Futures Law submitted to NPCSC for first reading
May 03, 2021Operators of critical information infrastructure bear heightened counter-espionage security obligations. Live streaming marketing platforms are required to protect consumer rights and personal data privacy. MIIT issues the first draft guidelines for intelligent connected vehicles.
April 30, 2021Guangzhou Futures Exchange opens, offering hedging tools for imminent nationwide carbon trading market; PBOC removes eligibility of fossil fuel projects for green bond financing; and State Council approves services opening-up in four regions and cities
April 26, 2021Foreign producers of specific foodstuffs require recommendations by their relevant government department. The scope of jurisdiction of the Shanghai Financial Court is expanded to included foreign-related cases. Financial technology enterprises are restricted to list on the STAR Market
April 23, 2021HKEX proposes stricter ESG, corporate governance disclosures and standards; PBOC tightens rules surrounding anti-money laundering, terrorist financing efforts by financial institutions; and NDRC furthers Hukou reform with latest directive
April 19, 2021PBOC sets forth qualifications standards for senior executives of financial holding companies in line with international and domestic experiences, as well as improving the operation of the interbank bond market. Guangzhou issues the first guidelines on e-commerce live streaming.
April 16, 2021Biden administration adds seven Chinese supercomputing entities to Entity List; SAMR issues record antitrust fine on Alibaba over market dominance abuse; and new measures released for Hainan free trade port
April 12, 2021Manufacturers are offered greater tax deduction on R&D expenses, laboratory-developed tests are given the green light and new buildings in county seats may be subject to environmental restrictions.
April 09, 2021CBIRC expands the scope of due diligence on banking customers, commercial banks should strengthen their liability quality management in six aspects and allocation of carbon emission allowances will be conducted for free at the initial stage.
April 01, 2021
