Corporate Governance

Pricing for exchangeable bonds made clear.

Sasac restricts state-owned shareholders from reducing shareholdings.

China issue rules to regulate provision of financial information services by foreign organisations.

Private equity and venture capital companies allowed registration in Shanghai.

Asset re-organisation of listed companies carried out by state-owned shareholders requires advance approval before information disclosure.

The Measures lay down the criteria and procedures for establishment of a foreign-invested equity investment management enterprise in Pudong.

The Provisions set forth the procedures for examination and approval of provision of financial information services and the establishment of such enterprises.

The revised Provisions remove the part on anti-monopoly investigation.

Flexible offshore capital structures are likely to be attractive