Listed state-owned enterprises (SOEs) present strategic foreign investors with attractive investment opportunities, as they seem to have a pricing advantage and better corporate governance compared with domestic private companies. However, what challenges are involved in acquiring a minority stake in a listed SOE?
The China Banking Regulatory Commission (CBRC) has circulated a draft notice detailing the requirements for foreign banks to conduct retail business in…
The China Securities Regulatory Commission (CSRC) has issued new regulations that will require China's securities companies to keep their capital provisions,…
New rules currently under review by the State Council on large-scale shopping outlets could impede expansion plans by foreign retailers such as Wal-Mart…
Promulgated: March 31 2006Effective: as of date of promulgationInterpreting authorities: Ministry of Commerce in conjunction with Ministry of Finance,…
Promulgated: May 17 2006Effective: May 18 2006Main contents: The Measures comprise:Part One: General ProvisionsPart Two: Offering ConditionsPart Three:…
Promulgated: May 6 2006Effective: May 8 2006Main contents: The Measures comprise:Part One: General ProvisionsPart Two: Conditions for the Public Offering…
Issued: April 24 2006Main contents: The Implementing Opinions elaborate on how to apply the PRC Company Law, the PRC Regulations for the Administration…
Issued: May 29 2006Effective: as of date of issueApplicability: The term 'due diligence' refers to the process whereby a sponsor conducts a comprehensive…