Law Digest

The dividend tax reduced to encourage investors to hold shares for the long term.

The industrial classification of listed companies now needs to be revised every quarter.

Pooled asset management plans of securities companies now only require record filing.

Authority to approve qualifications of senior management of securities companies delegated to agencies of the CSRC.

Registered capital of a subsidiary of a fund management company is not allowed to be less than Rmb20 million.

National legislationInvestment instrumentsImplementing Rules for the Targeted Asset Management Business of Securities Companies 证券公司定向资产管理业务实施细则…

Shenzhen offers awards up to Rmb50 million for new headquarters.

Investment of venture capital funds in the over-the-counter markets being regulated.

Land registration strengthened to tackle idle land and illegal land use.