Legal

QFII scheme is streamlined

A new foreign investment reporting system is established

Coronavirus epidemic spreads globally as businesses told to postpone reopening; financial regulators unveil measures in response to virus-hit markets; and EU allows limited access to Huawei and other Chinese telecoms vendors

Zaiguang Lu of Han Kun Law Offices and Charles Wu of Han Kun Law Offices' Hong Kong Association Law Firm review major pieces of legislation affecting China's PE/VC industry and offer insight about the key trends, challenges and opportunities in the sector.

An individual's foreign business income may be combined with his domestic income, foreign parties may hold a controlling interest in wealth management companies and China opens up oil and gas mining.

Private equity investment should not be a means of lending

Spin-offs of listed companies have clear guidance

Frank Jiang and Emily Xu of Zhong Lun Law Firm provide an overview of the various opportunities and potential challenges to foreign investors amid China's further opening-up of its financial sector

Daisy Duan and Linlin Cao of King & Wood Mallesons review and highlight the new individual income tax rules and major tax rules issued in 2019, which may impact on foreign companies doing business in China