Private capital encouraged to enter the basic telecoms operation market through the taking of equity interests.
July 12, 2012
Legal
An 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, 2012For the first time China's Copyright Law acknowledges reverse engineering, which shows the government's changing attitude and courts' readiness to rule on a difficult area of the Law
July 12, 2012An issuer needs to convene a board meeting if the price-earnings ratio of its proposed share price is higher than the industrial average by 25%.
July 12, 2012