Capital Markets

The revision abolishes the requirement for prior CSRC approval of a takeover offer.

Issued: September 16 2014Main contents: Only insurance companies that satisfy the certain conditions may offer preference shares, including:(1)…

Insurance proceeds allowed to be invested in preference shares.

Kejun Guo and Chen Jia of Zhong Lun Law Firm look at the latest developments in capital markets, includingthe reforms to the share offering system

Foreign investors encouraged to invest in futures companies.

CSRC sets out rules for voluntary delisting of listed companies.

Private fund property shall be invested in investment targets that include the trading of stocks, equity, bonds, futures, options, fund shares and other targets specified in the investment contract.

The Measures change the review of public fund products from the approval system to the registration system.

The CSRC has encouraged the diversification of publicly offered securities investment funds by relaxing rules, allowing new types of funds and enhancing risk control and investor protection. Fund managers should broaden their product portfolios to stay ahead