Legislation

A subsidiary of a securities company that has been operating continuously for at least two years instead of five years may apply to expand its scope of business.

The equity of real property enterprises, foreign holding companies, foreign-invested venture capital investment enterprises and foreign-invested private equity enterprises is not allowed to be used for investment in another foreign-invested enterprise.

Criminal liability may be pursued for legal actions instituted with malicious intent to prejudice another's lawful rights and interests.

Shenzhen has promulgated the first set of regional regulations on sexual equality in China.

Criminal liability may be pursued for legal actions instituted with malicious intent to prejudice another's lawful rights and interests.

Fund management companies allowed to engage in specific client assetmanagement business through their subsidiaries.

The foreign shareholding in the domestic shareholder should be included whencalculating the total foreign shareholding of a joint venture fund managementcompany.

Wealth management plans of fund management companies allowed to invest in non-listed equity.

Advertising expenditures of cosmetic, pharmaceutical and beverage enterprises may be deducted against 30% of their sales revenues.