Foreign financial institutions are allowed to invest in trust companies, an administrative reconsideration may be filed for improper government disclosure of information of citizens or entities and insurance companies bear legal liability for authorized acts of their agents.
Fangda Partners and Jingtian & Gongcheng are among the top winners of the 14th annual event honoring the leading firms and lawyers on China-related matters.
AmCham Shanghai survey indicates optimism among U.S. businesses in China about Biden administration; Hong Kong stock exchange slashes IPO settlement process from average five business days to one; and State Council approves launch of SAMR-led 17-department task force tackling unfair competition
SPC specifies the adducement of evidence by the plaintiff as well as the defendant of civil IP disputes and the handling of copyright disputes over attribution. CBIRC eliminates the industry restrictions on insurance institutions' financial equity investment.
Trump issues executive order prohibiting purchasing of securities in Chinese military-affiliated companies; China signs RCEP trade agreement with 14 other Asia-Pacific countries; and SAMR releases draft antimonopoly rules targeting internet companies
SAMR issues the first anti-monopoly guidelines for online platform operators, the revised Copyright Law largely increases the cost of infringement and SPC clarifies guarantor liability.
Ant Group dual-listing suspended following new micro-lending rules draft; new draft rules for financial holding companies' leadership; and national carbon emission trading scheme draft measures published
CBIRC regulates online small loans that use big data, Shanghai Stock Exchange reduces the disclosure ratio of QFIIs and SAMR sets guidelines on offering discounts on goods.
Hong Kong to allow certain overseas-listed Chinese companies with corporate weight voting rights to secondary list; China expected to grow at weakest pace in 44 years according to Reuters poll; and CFFEX approves equity index futures trading for qualified foreign investors
SAMR details the specifics on review of concentrations of business operators, Shanghai sets forth detailed examples of unfair competition acts and CSRC lays out the requirements for issuing convertible bonds.
