The CSRC has not approved U.S. IPOs since April despite a small-cap listing rebound earlier; New arbitration rules emphasize party consent, tribunal independence, and risk management in AI use; and Record-high investments in Belt and Road Initiative driven by strategic sectors.

SAMR defines non-horizontal market concentrations / Issued: 2025-06-27

NFRA excludes interest rate risk in the banking book in oversight of banks’ market risks / CLP Reference: 3710/25.06.20 ; Issued: 2025-06-20 ; Effective: 2025-06-20

Daisy Duan, Xiaohong Chen, Cuishi Li of KWM examine a new tax credit policy which is aimed at boosting profit reinvestment by foreign investors

Shein plans to list in Hong Kong; Shanghai regulator of state-owned enterprises’ assets encourages exploration of digital assets; and U.S. court upholds government decision to include China’s Hesai Technology on a military blacklist

SAMR defines non-horizontal market concentrations. Model data contracts are provided for processing of data. NFRA excludes interest rate risk in the banking book in oversight of banks’ market risks.

NFRA strengthens oversight of affiliated transactions of banking and insurance institutions / CLP Reference: 3610/25.05.15 ; Promulgated: 2025-05-15 ; Effective: 2025-05-15

STA offers substantive tax deduction incentives to foreign investors / CLP Reference: 3230/25.01.27 ; Issued: 2025-06-27 ; Effective: from 2025-01-01 to 2028-12-31

A leading international healthcare General Counsel in the region provides an exclusive in-house perspective on the current law and practice of cross-border data transfer in China