China Law News

Meituan fined for abusing dominant position; Draft market access negative list released; and SAFE data shows record high foreign investment into China

CBIRC relaxes procedures for insurance companies' funds investment. ChiNext and Star Market rules amended to prevent suppression of IPO prices by combined efforts.

PBOC reaffirms nationwide ban on cryptocurrencies and related transactions; President Xi announces pause on coal-fired projects abroad; and PCAOB adopts final rule to implement US delisting regime

CBIRC imposes regulatory ratings on banks to control risks. SAFE sets a ceiling on offshore bank loans. Wealth management products are subject liquidity risk control.

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.

Intelligent connected vehicle makers have data protection obligations. Southbound trading is launched for Bond Connect between mainland China and Hong Kong. Establishment of insurance branches demands stricter solvency ratio requirements.

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

Beijing Stock Exchange, which targets innovative SMEs, issues its listing and trading rules. An insurance group company may invest directly or indirectly in non-insurance subsidiaries.

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