Raised the qualification requirements of and more responsibilities for partners.

The Circular provides eight qualifications that a listed parent company must meet, and adopts a mechanism to ensure the independent listing status and continuous profitability of the listed parent company after the spin-off.

CSRC has released a new circular which governs spin-off listings of subsidiaries of A share-listed companies.

By Michael [email protected]: www.freshfields.comThe State Council's Reform of the Investment System Decision (the Decision), issued…

The Circular provides eight qualifications that a listed parent company must meet, and adopts a mechanism to ensure the independent listing status and continuous profitability of the listed parent company after the spin-off.

Issued: April 26 2004Effective: April 15 2004Applicability: The Procedures apply to law firms and entrusting parties established in Shenzhen (Article 2).Main…

By David Liu anad Natasha [email protected]; [email protected]: www.pdlo.comCall option arrangements are frequently seen in M&A deals,…

New rules have been promulgated by the China Banking Regulatory Commission to oversee group finance companies. The regulatory body retains its assertive role in the finance sector.

Insurance companies are now allowed to invest in convertible corporate bonds.