Capital Markets

Insurance capital allowed to invest in venture capital.

All corporate legal persons are allowed to offer bonds.

Mainland Chinese funds may invest in Hong Kong stocks without QDII qualifications.

Inward investors have expressed concern about proposals that China will levy a 10% capital gains tax on profits earned by foreign investors, with no opportunity to deduct for losses. While some tax advisers welcomed the clarity, some funds may struggle to pay the higher-than-expected tax bills on gains earned over five years between 2009 and 2014

Approval requirement of repatriation of offshore listing proceeds lifted.

While Taiwan is open to various structures of listed company acquisitions, it applies a more rigid legal regime to backdoor listings. Shareholders can protect themselves by complying with these rules

While the CSRC's new rules on the takeover and restructuring of listed companies eliminate restrictions and simplify the approval process, they also increase information disclosure requirements and regulatory supervision. Will this achieve market balance?

The revised Measures abolish the requirement for the examination and approval of material purchases, sales and exchanges of assets of listed companies where the same do not constitute a backdoor listing.

After ten years, a regulatory framework has now been put in place for QFII and RQFII income tax. Investors must pay taxes for gains made before November 17 last year and should consult with authorities to verify calculation methods