China’s Ministry of Commerce (MOFCOM) announced plans to further relax restrictions on foreign strategic investment in listed companies, part of a broader push to open up its markets to international investors. During…
Day: August 18, 2024
Shanghai and Shenzhen Stock Exchanges End Real-Time Disclosure of Northbound Trading Data
The Shanghai and Shenzhen Stock Exchanges announced recently that they will adjust the existing disclosure mechanism for northbound trading under the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs. Effective August 19,…
China Seeks Feedback on Prohibiting Local Governments from Offering Incentives for IPOs
The State Council of China is soliciting public feedback on draft regulations that prohibit local governments from offering incentives for company listings and allow sponsorship services to be charged in phases according…