May 09, 2009
Transfers of state-owned assets of unlisted financial institutions must be done publicly.
Sponsors required to disclose principal risks of listed companies.
Securities offerings of securities companies shall comply with both general securities offering requirements and specific CSRC requirements.
Relaxation of approval authority creates foreign exchange control niche.
China's M&A Rules effectively blocked domestic Chinese companies from raising money on overseas capital markets. But recent Ministry of Commerce guidelines may have provided a way out. By Zhou Jiaxing, Or & Partners, Hong Kong.
April 16, 2009
Insurance companies allowed to invest in stocks and immovable property.
Entry to China's Gem requires at least Rmb20 million of net assets.
Mofcom makes approvals for outbound investment faster and smoother.
Approval for foreign investments streamlined further.
Lack of workout culture may hamper company rescues in China