Issued: December 1 2002Effective: as of date of issueInterpreting authority: China Securities Depositary and Clearing Corporation LimitedMain contents:…
This piece of legislation marks a significant development of China's securities markets as it opens up the A share and domestic bond markets to foreign investment for the first time. It lays down the application and qualification standards of QFII.
A circular on the principles, procedures and rules regarding the transfer of state-owned shares and legal person shares in Listed companies to foreign investors issued by the CSRC, MOF and SETC.
Issued: July 18 2002Effective: Implementation of the pilot work will begin in October 2002.Main contents: This opinion commits State enterprises and governmental…