After a one-year suspension of new share sales, the Measures reopen the PRC's stock market with tightened listing requirements. Meanwhile, the Measures removed restrictions on the amount of IPO proceeds and the one-year lock-up prior to the IPO.
In an attempt to clarify and modernize the PRC's regulations governing the public and private offerings of securities by listed companies, the Measures specified the three general requirements regarding the issuer's compliance record, profitability and accounting reports.
The Opinion clarifies issues such as organizational structure, incorporation form, timing and documentary requirements pertaining to approval applications, registration and capital contributions of foreign-invested enterprises, reinvestment requirements as well as approvals and registration of amendment.
By Song [email protected]: www.haiwen-law.comThe China Network Information Center Domain Name Dispute Resolution Policy (Policy) specifies…
China has revised and issued new accounting standards, bringing the country's financial reporting system for listed companies in line with international practices.
Promulgated: April 28 2006Effective: May 1 2006Main contents: The Provisions comprise:Part One: General ProvisionsPart Two: NSSF Overseas Investment ManagersPart…
Promulgated: January 25 2006Applicability: Administration of the commencement of new construction projects and the commencement of the restructuring and…
Issued: February 16 2006Effective: May 1 2006Interpreting authority: Ministry of CommunicationsApplicability: These Measures apply to highway construction…
The Tentative Provisions were enacted to ensure safety and stability in overseas investments by the PRC National Social Security Fund. It sets out qualifications and duties for overseas investment managers and overseas asset custodians.
Issued: April 20 2006Effective: March 31 2006Applicability: In the event of a discrepancy between this Circular and the Circular on Issues Relevant to…