According to the Measures, state-owned equity or shares of providers of basic telecommunications services shall account for no less than 51% of the total equity or shares.
May 09, 2009
Corporate Governance
Transfers of state-owned assets and equity of unlisted enterprises shall be publicly carried out through lawfully- established assets and equity exchanges at the provincial level and above.
May 09, 2009Move is part of larger efforts to stabilise the economy
May 09, 2009Working drafts for sponsor work must be kept for 10 years.
May 09, 2009Herbert Smith has opened a restructuring practice in Hong Kong with the hire of partner Michael Barker.Barker will focus on restructuring and insolvency…
May 09, 2009Relaxation of approval authority creates foreign exchange control niche.
May 09, 2009Foreign investors not allowed to hold a controlling interest in basic telecommunications services.
May 09, 2009Foreign express couriers not allowed in domestic Chinese mail express services.
May 09, 2009Transfers of state-owned assets of unlisted financial institutions must be done publicly.
May 09, 2009