Banking and Finance Laws

HKEX launches its first A-share futures contract for global investors; Goldman Sachs approved to take full control of securities business; and Wealth Connect kicks off with 19 eligible banks

LinkedIn announces "sunset" of its Chinese platform; Weak Q3 GDP signals a challenging road to economic recovery; Additional capital and leverage ratio requirements for 19 Domestic Systematically Important Banks

CBIRC relaxes procedures for insurance companies' funds investment

SAFE sets a ceiling on offshore bank loans

The HKEX has published a consultation paper to introduce its SPAC listing regime; US-China bilateral tech investment plummets 96%; and MIIT calls on telecoms and auto companies to strengthen data protection policies.

GBA Wealth Management Connect launched; minister calls for consolidation of Chinese EV manufacturers; and China-Indonesia local currency settlement agreement implemented

Beijing stock exchange hosting innovative SMEs announced; BNP Paribas in talks to launch majority-owned wealth management venture; and Hainan to trial cross-border asset management operations

Hong Kong buyers make first cross-border CCER deal under new national ETS; Arbitration Law proposed revisions released to align further with international practice; and Standard Chartered application for securities venture accepted by CSRC

JPMorgan becomes first fully foreign-owned securities venture in China; Fidelity approved to set up new fully-owned mutual fund business; and SEC approves new board diversity quota and disclosure requirements