Share issuers and lead underwriters allowed to determine share pricing through negotiation between themselves.
July 12, 2012
Legislation
FIEs encouraged to invest overseas Rmb funds in Pudong.
July 12, 2012A charge of 20% of the land grant or allocation fee to be imposed on land left idle for a year.
July 12, 2012Private enterprises encouraged to list overseas.
July 12, 2012An issuer needs to convene a board meeting if the price-earnings ratio of its proposed share price is higher than the industrial average by 25%.
July 12, 2012Letters of intent and MOUs have legal effect.
July 12, 2012Share issuers and lead underwriters allowed to determine share pricing through negotiation between themselves.
July 12, 2012Maternity leave of female workers is now extended from 90 days to 98 days (14 weeks).
July 12, 2012Green light given again to the approval of foreign investment in futures companies.
July 12, 2012All enterprises shall establish a democratic management system, with the employee representative congress as its basic form.
May 31, 2012