Xinyuan Real Estate Co raised US$282 million from its IPO and New York Stock Exchange listing on December 12 2007, becoming the first China property developer to be listed in the US. Merrill Lynch was the sole bookrunner and lead underwriter.
Legal
- March 17, 2008
China Railway Construction Corporation raised HK$18.3 billion [before exercise of the over-allotment option] H-share offering, which started trading on the Hong Kong Exchange in March.
March 17, 2008Hong Kong, the PRC, and India are the emerging markets that increasingly shape the landscape for international capital markets
March 17, 2008Motorola acquired the assets related to digital cable set-top products of Zhejiang Dahua Digital Technology Co and Hangzhou Image Silicon, known collectively as Dahua Digital.
March 17, 2008The limit for deduction of expenses raised for wage income of individuals.
March 12, 2008Liability for compensation of motor vehicle drivers in traffic accidents revised.
March 12, 2008China sets entry requirements for manufacture of alternative energy vehicles.
March 12, 2008Premiums raised for mandatory traffic accident insurance.
March 12, 2008Criteria for retrial of civil cases revised.
March 12, 2008More banks are allowed to provide loans for the development of economically affordable residential premises.
March 12, 2008
