As China implements a new food security strategy, Beilei Hou, Zi Ling and Ruiqiang He of King & Wood Mallesons examine the resulting challenges as well as the potential opportunities for China's PV industry
Industry associations ban NFT use for issuing financial assets; Shanghai government paves way for potential resumption of production activity under closed-loop management; and livestreaming video games banned for certain platforms
Draft law to boost protection against systemic risks; SPC amends rules on summary procedures, service of litigation documents, small claims, and judicial confirmation; Policymakers aim to knock down localism and unify market standards
Foreign banks are given more flexibility in offering capital instruments and bonds. China allows disclosure of files of domestic companies to overseas listing regulators. Criteria for summary procedure are revised to increase efficiency.
Kainan Zhang and Junting Lei of Haiwen & Partners highlight the main PRC foreign exchange regulatory requirements of different types of cross-border investment and trade by domestic and foreign individuals and institutions under capital and current accounts.
The new rules may boost investor confidence and move U.S. listing plans of Chinese companies. But they also may decrease the volume of "homecoming" IPOs in Hong Kong, lawyers say.
