July 12, 2012
Percentage of allocations to general reserves of financial enterprises raised to 1.5%.
Private capital encouraged to enter the basic telecoms operation market through the taking of equity interests.
An IPO P/E ratio should not be higher than the industrial average by 25%.
Mediation of securities disputes introduced.
Minimum shareholding of private investors in rural banks may be lowered to 15%.
Share issuers and lead underwriters allowed to determine share pricing through negotiation between themselves.
FIEs encouraged to invest overseas Rmb funds in Pudong.
A charge of 20% of the land grant or allocation fee to be imposed on land left idle for a year.
Private enterprises encouraged to list overseas.
May 31, 2012
Mainland Chinese enterprises allowed to issue renminbi bonds in Hong Kong.
