An insurance company or insurance asset management company shall establish different grades of stock pools, such as a prohibited pool, reserve pool and core pool.
May 09, 2009
An insurance company or insurance asset management company shall establish different grades of stock pools, such as a prohibited pool, reserve pool and core pool.
Relaxation of approval authority creates foreign exchange control niche.
No more full rebate of VAT to foreign-invested enterprises.
Centrally-governed enterprises may only trade derivatives for hedging.
Insurance companies allowed to invest in stocks and immovable property.
Entry to China's Gem requires at least Rmb20 million of net assets.
Mofcom makes approvals for outbound investment faster and smoother.
Overlap between IP and unfair competition tackled.
Approval for foreign investments streamlined further.