Percentage of allocations to general reserves of financial enterprises raised to 1.5%.
July 12, 2012
Law Digest
Private capital encouraged to enter the basic telecoms operation market through the taking of equity interests.
July 12, 2012An IPO P/E ratio should not be higher than the industrial average by 25%.
July 12, 2012Mediation of securities disputes introduced.
July 12, 2012Minimum shareholding of private investors in rural banks may be lowered to 15%.
July 12, 2012Share issuers and lead underwriters allowed to determine share pricing through negotiation between themselves.
July 12, 2012FIEs encouraged to invest overseas Rmb funds in Pudong.
July 12, 2012A charge of 20% of the land grant or allocation fee to be imposed on land left idle for a year.
July 12, 2012Private enterprises encouraged to list overseas.
July 12, 2012Mainland Chinese enterprises allowed to issue renminbi bonds in Hong Kong.
May 31, 2012