A material asset reorganization shall be constituted when the purchase or sale of assets by a listed company and by the companies in which it has a controlling interest or that it controls reaches any of the specified benchmarks
Recent legislative activities from China
Minimum hourly wage raised to Rmb8 for part-time employees in Shanghai.
Locked-up shares from the share reform released.
Tax refund policy for reinvestments by foreign investors clarified.
Arbitration procedures for employment disputes made easier for employees.
Housing registration to protect purchasers of pre-sold housing premises.
CSRC requires a chief risk officer in futures companies.
Land registration measures to protect land rights holders.