Capital Markets

ChiNext finalizes reforms liberalizing listing process while tightening disclosure requirements; Hong Kong sees major secondary listings in quick succession with Nasdaq-listed NetEase and JD.com; and American Express becomes first foreign player approved to offer card-clearing services in China

Quoting of defaulted bond trading is subject to regulation

New Third Board companies are allowed to transfer and list on other boards

Major plan for Hainan to become globally-recognized free trade port released; Swiss bank Credit Suisse takes majority control of securities JV; and U.S.-China animosity extends to aviation industry with bans and walk backs

CBIRC supports foreign bank branches in applying for fund custody qualifications

A second set of opinions guiding trials of COVID-19 disputes arising from change in costs

Measures are issued to welcome the return of red-chips to the China stock market

Beijing imposes national security law on Hong Kong; U.S. adds more Chinese entities to Entity List; and Alibaba, Xiaomi set to join benchmark Hong Kong index

HSBC becomes sole controller of Chinese life insurance venture; first U.S. IPO from China after Luckin scandal raises $510 million; and the CBIRC proposes new rules to regulate online lending.