Legal

• Can Exchangeable Bonds Satisfy Cash-Hungry Shareholders?

  The Trial Provisions for the Issuance of Convertible Bonds by Shareholders of Listed Companies promulgated by the China Securities Regulatory Commission opens a new debt financing channel for cash-hungry shareholders in China's financial market. These Provisions are designed to stabilise the country's stock market and ease oversupply of stocks in the A-share market, as panic sets in about possible dumping of newly freed locked-up shares under the Share Segmentation Reform launched in 2005. By Jiang Jiang, Hylands Law Firm partner

  November 10, 2008

• Building a New Regulatory System for the Solvency of Insurance Companies

  The promulgation of the Provisions for the Administration of the Solvency of Insurance Companies shows just how far China's insurance industry has developed through a regulatory framework which has come about following years of organic development. By Lü Guoming*, Dr. Xu Guojian & Pek-Siang Tee, Boss & Young, Shanghai.

  November 10, 2008

• The Claim of the Abuse of Dominance and its Interpretation

  Zhan HaoGrandall Legal [email protected] October 11 2008, private oil companies in China began urging one another to take full advantage of…

  November 10, 2008

• Customs Classification and Advance Ruling Programme

  Zhaokang JiangSandler, Travis & [email protected] classificationClassification is initially the responsibility of an importer, customs…

  November 10, 2008

• Legal market not yet ready for limited liability partnerships

  New rules concerning the establishment of local law firms and lawyers' practice have opened the door for partnerships. But limited liability partnership – the type that lawyers had been hoping for – is nowhere to be seen in the rules.

  November 10, 2008

• MOFCOM loosens its grip on foreign investment

  China's Ministry of Commerce has issued two circulars which delegate power and loosen its grip on approving foreign investment into the PRC. Investors in private equity and retail are the biggest benefactors.

  November 10, 2008

• MOFCOM loosens its grip on foreign investment

  China's Ministry of Commerce has issued two circulars which delegate power and loosen its grip on approving foreign investment into the PRC. Investors in private equity and retail are the biggest benefactors.

  November 10, 2008

• China Securities Regulatory Commission, Decision on Amending Article 63 of the «Measures for the Administration of the Takeover of Listed Companies»

  中国证券监督管理委员会关于修改《上市公司收购管理办法》第六十三条的决定

  Takeover measures amended to facilitate increase in shareholding by major shareholders.

  October 15, 2008

• State Council, Implementing Regulations for the PRC Employment Contract Law

  国务院中华人民共和国劳动合同法实施条例

  State Council rules out iron-rice-bowl employment contracts.

  October 15, 2008

• State Council, PRC Regulations for the Control of Foreign Exchange (2nd Revision)

  国务院中华人民共和国外汇管理条例 (第二次修订)

  Forex regulations revised to curb inflow of hot money.

  October 15, 2008