Will the Circular on the Investment in the Equity Interests of Commercial Banks by Insurance Institutionsdiminish benefits for foreign investors? How will local insurers manage the new dimension of competition?
Upon reopening its market to IPOs, China's Securities Regulatory Commission introduced new Measures which change the way underwriters and institutions conduct IPO price inquiries. What do these Measures entail and how will they affect China's market in the future?
Promulgated: November 3 2006Effective: December 1 2006Main contents: Where a single Hong Kong or Macao service provider has opened an aggregate of more…
This Circular addresses some of the issues in relation to foreign financial investments and asset management. The scopes of foreign exchange business and income are stipulated. Matters regarding the source of investment funds and their management are clarified.
Issued: November 24 2006Main contents: Administrations for industry and commerce may stop the advertising business of advertisers, advertising operators…
Issued: September 21 2006Main contents: The Circular details the investment in the equity interests of commercial banks by insurance institutions regarding:(1)…
After only two months as president of Alibaba.com, Xie Wen has resigned the position, citing personal reasons, reports the Asian Wall Street Journal. According…
A comment by Wu Xiaoling, a People's Bank of China (PBOC) deputy governor, triggered the lowest US dollar fall in 19 months compared to the euro. Wu's…
Promulgated: November 6 2006Effective: The filing of tax returns for individuals with an annual income of at least Rmb120,000 shall be effective from January…