Registered capital of a subsidiary of a fund management company is not allowed to be less than Rmb20 million.
Capital Markets
- November 15, 2012
An Interpretation from the CSRC uses for the first time a doctrine of guilty before innocent for insider trading cases. But with few cases before the courts, it is not clear how effective the Interpretation will be
November 13, 2012Investment of venture capital funds in the over-the-counter markets being regulated.
November 12, 2012Disclosure in annual reports simplified.
November 12, 2012Main contents: According to the Draft Guidelines, listed companies having high cash dividend amounts and high cash dividend-net asset ratios can enjoy…
November 12, 2012Main contents: The total number of shares involved in all the valid employee shareholding schemes of a listed company may not exceed 10% of the company's…
November 12, 2012Rules for the Establishment of Securities Companies with Foreign Equity Participation (2nd Revision)
The limit on the percentage of the shares of, or the percentage of the interest in, a securities company with foreign equity participation held by foreign investors has been raised to 49%.
November 07, 2012A subsidiary of a securities company that has been operating continuously for at least two years instead of five years may apply to expand its scope of business.
November 07, 2012Fund management companies allowed to engage in specific client assetmanagement business through their subsidiaries.
October 11, 2012The foreign shareholding in the domestic shareholder should be included whencalculating the total foreign shareholding of a joint venture fund managementcompany.
October 11, 2012
