The price of an IPO shall be ascertained by an approved inquiry recipient. The procedures and limitations regarding the sale and underwriting of securities are stipulated.
November 30, 2006
Legislation
This Circular aims to enhance the investments of insurance capital. Insurance institutions may now invest in the equity of unlisted banks. Investment qualifications, withdrawal mechanism, and risk management are also covered.
November 30, 2006Issued: September 5 2006Main contents: The Announcement provides for the definition of hybrid capital bonds and the requirements on the issuance of such…
October 31, 2006Promulgated: October 31 2006Effective: January 1 2007Main contents: Article 13 of the Law is revised to require the check and approval of the Supreme People's…
October 31, 2006Promulgated: August 7 2006Effective: September 1 2006Interpreting authority: China Insurance Regulatory Commission (CIRC)Applicability: The term "health…
October 31, 2006Issued: September 29 2006Effective: November 1 2006Applicability: This Circular does not apply to bonded zones, bonded ports, export processing zones,…
October 31, 2006Promulgated: August 4 2006Effective: September 1 2006Interpreting authority: China Securities Regulatory CommissionMain contents: Where the shares of a…
October 31, 2006Issued: August 14 2006Effective: October 1 2006Main contents: The Interpretation clarifies issues such as how to determine the date on which a labour dispute…
October 31, 2006Promulgated: August 4 2006Effective: September 1 2006Interpreting authority: China Securities Regulatory CommissionMain contents: Apart from retaining…
October 31, 2006Issued: August 24 2006Effective: September 1 2006Main contents: The Circular specifies the asset scales required for qualified foreign institutional investor…
October 31, 2006