Chinese outbound M&A hits decade low; draft amendments to anti-monopoly law released; and Shanghai-London stock connect suspended over political tensions
Amended Securities Law introduces a registration-based and market-oriented IPO system, Lingang is to allow the use of English in litigation by foreign parties and Supreme People's Court specifies the presentation of electronic evidence.
Supreme People's Court allows flexibility in foreign investment contract disputes, foreign banks are given more specific expanded business requirements and import of technical equipment enjoys tax breaks.
CNIPA clarifies trademark infringements, spin-offs of listed companies have clear guidance and a new law draft puts forward competition in granting of mining rights.
China, U.S. agree terms of limited phase one trade deal; draft implementing regulations for foreign investment law approved; and draft law published on promoting China's cultural industry
State Council has lowered the investment capital percentage requirements, the QFII system is streamlined and the entry conditions for foreign insurance companies are relaxed.
New consumption tax draft law puts State Council center stage; major mobile apps caught for illegal data collection practices; and NPC launches online platform for submitting constitutional review requests
Law drafts are released on value-added and consumption taxes redefining eligible taxpayers while online audio and video information service providers are required to establish a rumor refutation mechanism.
Alibaba raises $13 billion in Hong Kong secondary listing; MSCI wants more hedging tools and easier settlement cycles before further stock inclusion; Trump signs Hong Kong democracy act in trade war setback
CAC specifies procedures for reporting of cybersecurity threats, CBIRC lowers the thresholds for foreign investment access to trust companies and a new regime of judicial enforcement of block trade disputes is established.
