China News Alerts - Charltons

China News Alert Issue 290

May 2009

CSRC issues final GEM sponsor and issuance rules; separate committees to oversee IPOs and M&A.

May 2009

SAFE empowers local bureaus to approve 10 capital account forex categories, boosting inbound capital flows.

May 2009

China to allow foreign listings on SSE and expand derivatives, supporting Shanghai’s global finance goals.

Apr 2009

CSRC’s Yao Gang confirms IPO restart post-reform; Chinese firms largely shielded from global crisis.

Apr 2009

CBRC and CIRC approve pilot allowing major state banks to establish insurance subsidiaries.

Apr 2009

Shanghai and Pearl River Delta cities cleared for yuan-based overseas trade settlement under State Council plan.

Apr 2009

China unveils rules for new growth board, paving way for tech startups to list from May 1.

Mar 2009

CSRC mandates fund manager registration post-exam; job-hoppers barred if changed firms twice in 2 years.

Mar 2009

CSRC to unveil draft listing reforms; IPO freeze tied to pricing distortions from collective bidding.

Mar 2009

SASAC plans asset company to merge underperforming SOEs, targeting 30–50 global players by 2010.

Mar 2009

CIRC drafting rules to allow qualified small and mid-sized insurers direct equity market participation.

Feb 2009

China may let local governments issue bonds to fund ¥4T stimulus and boost infrastructure investment.