Shareholders that hold shares of listed companies may, through sponsorship of a sponsor, apply to the China Securities Regulatory Commission to offer exchangeable bonds.
November 10, 2008
Legislation
The revised Provisions set forth requirements concerning solvency assessments, solvency reports, solvency management and solvency monitoring.
November 10, 2008The Ministry of Commerce delegates its power to approve the establishment of foreign-invested companies limited by shares to provincial-level departments in charge of commerce.
November 10, 2008State Council rules out iron-rice-bowl employment contracts.
October 15, 2008Forex regulations revised to curb inflow of hot money.
October 15, 2008Insurance companies required to include provisions on solvency level in their articles of association.
October 15, 2008Periods of prescription of actions clarified for civil cases.
October 15, 2008Basic telecommunications services further opened to foreign investors.
October 15, 2008Guangdong revises regulations to suppress illegal collection of highway tolls.
October 15, 2008Guidelines issued to restrict boards of insurance companies in their delegation of powers.
October 15, 2008