Legal

Allocation of carbon emission allowances will be conducted for free at the initial stage

In fast-paced M&A auctions, potential Chinese buyers must ensure that they are not disadvantaged by the new rules or be perceived as such

Operation of the interbank bond market is improved

HKEX proposes stricter ESG, corporate governance disclosures and standards; PBOC tightens rules surrounding anti-money laundering, terrorist financing efforts by financial institutions; and NDRC furthers Hukou reform with latest directive

PBOC sets forth qualifications standards for senior executives of financial holding companies in line with international and domestic experiences, as well as improving the operation of the interbank bond market. Guangzhou issues the first guidelines on e-commerce live streaming.

Laboratory-developed tests are given the green light

Manufacturers are offered greater tax deduction on R&D expenses

Kainan Zhang and Yuge Yang of Haiwen & Partners summarize the latest development to the measures for qualified foreign investors in Shenzhen, and their implications for the growth of the market

Biden administration adds seven Chinese supercomputing entities to Entity List; SAMR issues record antitrust fine on Alibaba over market dominance abuse; and new measures released for Hainan free trade port