TikTok in limbo after Trump's threat to ban app from U.S. market; Luckin to be penalized by Chinese regulators over falsified sales; and Hong Kong bourse launches hedging tools for tapping A-share market
August 03, 2020
China Law News
Law firms and accounting firms are required to carry out record filing for providing services for securities offering. Insurance companies' allocation of equity assets is subject to oversight according to their solvency. Online platform operators may bear e-commerce operator obligations for live streaming marketing.
July 30, 2020The interbank bond market and stock exchange bond market in China are integrated, online loans may not be used for securities trading and Shenzhen tightens property curbs again.
July 24, 2020Trump strengthens sanctions over Hong Kong with executive order; China integrates fragmented bond markets to facilitate greater investment; U.K bars Huawei equipment from 5G networks citing U.S. sanctions
July 20, 2020The Supreme People's Court issues the first guidelines on trial of bond disputes, foreign bank branches may engage in fund custody business and the interbank foreign exchange market launches prime brokerage business.
July 17, 2020Foreign banks' local branches can apply for fund custody licenses, fulfilling trade deal pledge; China's securities watchdog names and shames illegal margin lenders as fears grow of 2015 market rout repeat; and State Council announces sixth batch of FTZ reform measures to be rolled out nationwide
July 13, 2020Data Security Law draft governs China-related data activities outside China, Patent Law draft clarifies on open licensing and private investment is encouraged in new areas including hi-tech businesses.
July 10, 2020Hong Kong national security law comes into effect with U.S. sanctions imminent; China launches wealth management connect scheme with Hong Kong, Macao; and NPC publishes draft Data Security Law tightening data protection rules
July 06, 2020Foreign investors are allowed controlling shareholding in securities companies, futures companies and life insurance companies according to the 2020 national and FTZ negative lists. Insurance companies are required to keep records of online insurance transactions.
July 03, 2020U.S. Senate passes bill threatening sanctions against financial institutions, officials over Hong Kong; China shortens negative lists to further open up economy to foreign investment; and CSRC plans to grant securities licenses to domestic commercial banks
June 29, 2020
