Law drafts are released on value-added and consumption taxes redefining eligible taxpayers while online audio and video information service providers are required to establish a rumor refutation mechanism.
Alibaba raises $13 billion in Hong Kong secondary listing; MSCI wants more hedging tools and easier settlement cycles before further stock inclusion; Trump signs Hong Kong democracy act in trade war setback
CAC specifies procedures for reporting of cybersecurity threats, CBIRC lowers the thresholds for foreign investment access to trust companies and a new regime of judicial enforcement of block trade disputes is established.
China shortens and simplifies market entry negative list; Chinese private firms prefer China over U.S. for IPOs, survey finds; Shanghai-Frankfurt stock connect to be launched; and inbound FDI increases with FTZs enjoying significant growth
CSRC allows unlisted H shares to be fully traded and aligns regulation of futures exchanges with international standards while CBIRC tightens its oversight on health insurance business.
Alibaba set for secondary listing in Hong Kong; China lifts four-year U.S. poultry ban; Australia approves Mengniu takeover of infant formula maker; and Jingye Group rescues British Steel from the brink
Shanghai FTZ allows foreign arbitration institutions to establish offices in its Lingang New Area, foreign investors will be allowed a majority shareholding in securities companies in 2020 and business restrictions on factoring enterprises are made clearer.
Alipay allows foreign visitors to use its mobile payments platform; CSRC scraps two-year profit requirement for ChiNext private placements; and MSCI completes plan to increase A share weighting in key benchmark
Draft of the implementing regulations for the Foreign Investment Law has addressed the VIE structure concerns, final industrial adjustment catalogue no longer eliminates virtual currency mining and food safety liability can be pursued down to the responsible persons.
China launches nationwide 5G services network; UBS becomes first foreign underwriter of Star Market IPO; and Shanghai orders shutting down of P2P lenders in latest industry crackdown
