A Ministry of Commerce subsidiary has issued draft corporate social responsibility (CSR) guidelines for foreign companies.Although the draft Guidelines…
China Securities Regulatory Commission has announced draft regulations on brokers to further supervise and regulate their activities in the stock market.…
Train manufacturer China Southern Railroad has raised over Rmb10 billion (US$1.47 billion) in a dual IPO in Hong Kong and Shanghai, with GE Equity making…
China has further clarified tax preferences for high- and new-technology enterprises (HNTEs) in a recent Working Guideline. Applicants that can satisfy tougher and more precise qualification criteria will benefit from clear and objective evaluation procedures, but must be prepared for broad scrutiny of their tax and legal compliance. HNTE status can be lost through business changes including mergers or acquisitions.
China's new Company Law increased possibilities for the adoption of a “preferred stock” structure. Greg L Pickrell and Judy J Deng of Pillsbury Winthrop Shaw Pittman explore the practicality of incorporating the two-class stock structure within China's corporate law doctrines and interplay with other relevant segments of laws.