Major plan for Hainan to become globally-recognized free trade port released; Swiss bank Credit Suisse takes majority control of securities JV; and U.S.-China animosity extends to aviation industry with bans and walk backs
June 08, 2020
China Law News
Business financing is supported by allowing New Third Board companies to transfer and list on other boards, as well as allowing securities companies to publicly offer subordinated debt. Commercial cryptography products require certification.
June 05, 2020U.S. to strip Hong Kong of special trade privileges; China adopts its first-ever civil code; and more entry exemptions on the horizon for select countries
June 01, 2020China's first Civil Code protects personal information, CBIRC relaxes insurance capital investment in bank capital replenishment bonds and the central pricing catalogue is downsized again.
May 29, 2020Beijing imposes national security law on Hong Kong; U.S. adds more Chinese entities to Entity List; and Alibaba, Xiaomi set to join benchmark Hong Kong index
May 25, 2020The Supreme People's Court has issued a second set of opinions guiding trials of COVID-19 disputes arising from change in costs, forex control is relaxed to facilitate e-commerce and measures are issued to welcome the return of red-chips to the China stock market.
May 21, 2020U.S. targets Huawei's access to chips globally with new export rule; China readies retaliatory measures against U.S. businesses; exemptions to China entry ban granted for some foreign business executives
May 18, 2020Online loans should be offered in a small scale, CBIRC supports foreign bank branches in applying for fund custody qualifications and trust companies are required to penetratingly identify the underlying assets.
May 15, 2020HSBC becomes sole controller of Chinese life insurance venture; first U.S. IPO from China after Luckin scandal raises $510 million; and the CBIRC proposes new rules to regulate online lending.
May 11, 2020
