When a securities company is to establish a branch, it shall require the approval of the China Securities Regulatory Commission. A branch shall not have legal personality and its legal liability shall be borne by the securities company.
When an IPO issuer restructures identical, similar or related businesses under the same corporate controller during the reporting period, it shall pay close attention to the effect of the reorganization on its total assets, or its operating revenue or gross profit.
The Provisions set forth criteria for a people's court to accept a petition of a shareholder or shareholders to dissolve the company.
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Threshold for recognition as material asset reorganizations raised.
Criteria for board resolution on material asset reorganization further detailed.
33 types of documents required for information disclosure for material asset reorganizations.
Securities investment fund management companies allowed to establish organizations in Hong Kong.
Zhang Zhong Dong and Chen Zheng JunKhattarWongPursuant to the Provisions for the Acquisition of Domestic Enterprises by Foreign Investors of the People's…
The Provisions detail the approval procedure of the board of directors of a listed company on material asset reorganization and related information disclosure obligations.