Corporate Governance

Senior management of listed companies restricted from buying or selling shares of the company before release of the annual report.

Threshold for Hong Kong and Macao investment in mainland medical institutions lowered.

By Grant Chen and Patrick [email protected]; [email protected] the development of capital markets in China, more and more PRC listed…

With the approval of the CSRC, a securities company may establish a wholly-owned subsidiary or, alternatively, invest in and establish a subsidiary together with another qualified investor.

Foreign investors allowed wider access to securities joint ventures.

Hong Kong and Macao investors allowed to hold a controlling interest in the commercial sector.

The new Guidelines standardize practices in China's nascent syndicated loan market. Updated areas include expanding the role of the agent, and making changes to the roles of the agent, lenders and borrower.

The new guidance catalogue has re-defined industries into those that are encouraged, restricted or prohibited for foreign investment.

Incidents of economic crime in Hong Kong have increased by 4% to 26% since 2005, according to PricewaterhouseCoopers¡¦ (PwC) 2007 Global Economic Crime…