Issued: September 29 2006Effective: November 1 2006Applicability: This Circular does not apply to bonded zones, bonded ports, export processing zones,…
October 31, 2006
Legal
By Wei [email protected]: www.freshfields.comIn September 2006, the PRC Ministry of Commerce (MOFCOM) issued the Tentative Measures on…
October 31, 2006Promulgated: July 26 2006Effective: October 1 2006Applicability: The term "Sino-foreign cooperative vocational institutes" refers to educational institutes…
October 31, 2006The minimum duration of business establishment and assets for QFII status is clearly set out. Limitations on shareholding percentages of securities investments in China by foreign investors are imposed.
October 31, 2006Qualifications and approval of QFII status are set out in detail. Issues related to asset custody and fund management are also covered.
October 31, 2006The newly revised QFII rules aim to lower the entry threshold and allow more QFIIs into China's capital market. What investment restrictions have been lifted? Are there significant improvements to the original rules?
October 31, 2006Issuance of hybrid capital bonds now requires disclosure of various matters, which include the capital adequacy ratio for the past three years, business position, risk alert, and so on.
October 31, 2006In the world's biggest initial public offering (IPO) to date, the dual listing of Industrial & Commercial Bank of China (ICBC), China's biggest bank by…
October 31, 2006China's controversial draft property law, which covers both public and private ownership, has been tabled before the National People's Congress (NPC) for…
October 31, 2006As part of its increased efforts to combat financial crimes, China's top legislature, the Standing Committee of the National People's Congress, approved…
October 31, 2006