After a one-year suspension of new share sales, the Measures reopen the PRC's stock market with tightened listing requirements. Meanwhile, the Measures removed restrictions on the amount of IPO proceeds and the one-year lock-up prior to the IPO.
Promulgated: May 18 2006Effective: as of date of promulgationMain contents: The Guidelines are composed of:Part One: General ProvisionsPart Two: ProspectusesSection…
In an attempt to clarify and modernize the PRC's regulations governing the public and private offerings of securities by listed companies, the Measures specified the three general requirements regarding the issuer's compliance record, profitability and accounting reports.
China has revised and issued new accounting standards, bringing the country's financial reporting system for listed companies in line with international practices.
Promulgated: April 28 2006Effective: May 1 2006Main contents: The Provisions comprise:Part One: General ProvisionsPart Two: NSSF Overseas Investment ManagersPart…
Issued: April 19 2006Applicability: After the issue of this Circular, in the event of a conflict between previous relevant provisions and this Circular,…
Issued: May 8 2006Effective: as of date of issueApplicability: The term 'inspectors' means senior management personnel who supervise and inspect the compliance…
Issued: April 20 2006Effective: March 31 2006Applicability: In the event of a discrepancy between this Circular and the Circular on Issues Relevant to…
Issued: May 12 2006Main contents: The Model Rules contain 32 articles detailing such matters as notification, convening, holding and attendance of the…
Issued: March 16 2006Effective: May 1 2006Applicability: The term "advance land use examination of construction projects" refers to the examination of…