China News Alerts - Charltons

China News Alert Issue 278

Feb 2009

Taiwan’s CPT enters mainland market via backdoor listing, acquiring 82% of Shenzhen-listed Mindong Electric.

Feb 2009

Shanghai Stock Exchange issues new circular to guide listed company acquisition practices and compliance.

Jan 2009

China allows listed banks to trade bonds on stock exchanges, aiming to boost fixed-income markets.

Jan 2009

China drafts new overseas investment rules, requiring prior approval for high-risk or large-scale projects.

Jan 2009

Shanghai and Shenzhen bourses set 2008 annual report deadlines and dividend disclosure rules for listed firms.

Jan 2009

Shanghai and Shenzhen tighten rules on independent directors, requiring prompt disclosure and feedback filing.

Dec 2008

PBOC’s fifth rate cut lowers lending to 5.31%, frees ¥300B via 0.5 pt reserve ratio reduction.

Dec 2008

China raises money supply target to 17% to boost liquidity and support growth amid global slowdown.

Dec 2008

China to ease financial sector access; foreign banks cleared for interbank bond trading post-SED talks.

Dec 2008

CSRC margin trading rules face delay; firms lack final guidelines to begin applications as scheduled.

Dec 2008

China eases monetary policy with rate and reserve cuts, reinforcing support for economic growth.

Nov 2008

CSRC draft expands scrutiny to brokers, M&A parties, and major shareholders to curb trading malpractice.