New comprehensive reform plan for Shenzhen targeting fintech and financial sectors; new development plan for new energy vehicles promotes fast-charging stations and public service integration; and new State Council opinions proposes measures to improve quality of listed companies
CBIRC specifies requirements of the countercyclical capital buffer mechanism and removes the record filing requirement regarding the investment management capabilities of insurance companies. Securities companies are required to internally monitor insider information management.
FTSE Russell to become third major index provider to include China bonds; Luckin Coffee slapped with massive fine by SAMR; and Segway maker Ninebot to become first VIE entity to list in mainland
QFIIs and RQFIIs are allowed to invest in private funds and derivatives, State Council eases investment procedures for telecommunications services, oil products and QFIIs, and CBIRC governs investment of insurance capital in debt-for-equity plans by grade
President Trump approves TikTok-Oracle deal to give popular Chinese app crucial lifeline; MOFCOM publishes implementation rules for Unreliable Entity List targeting foreign firms; and State Council announces three new FTZs in Beijing, Anhui and Hunan
CSRC tightens control on PE fund establishment and management as well as on the scope of listed company insiders. Private investment is encouraged in senior care facilities.
TikTok drops U.S. sale, to partner with Oracle instead; China, EU investment treaty talks enter critical phase; and Goldman Sachs to take full control of securities JV
The EU foreign investment review regime is undergoing seminal reforms with Chinese investment in the crosshairs
SAMR defines the commercial value of trade secrets, SAT clarifies calculation of resource tax on third party purchases, and medium and small shareholders may participate in corporate governance more easily.
China issues draft rules easing foreign access to onshore bond markets; Citigroup becomes first U.S. bank to receive fund custody license; and Yum China bags $2.2 billion in Hong Kong secondary offering
