Summary
Foreign investment laws
See the full content of this document
Extract
China Law Bulletin - March 2006.
In this issue:
Feature Articles Follow up on the Reform on the Segmented Share Structure of the PRC Employee Share Plans for Listed Companies New Venture Capital Measures Reflect Policy to Cultivate Onshore Venture Capital Industry Notarization Law of the People's Republic of China Other Recent Developments Electric Power Market Banking Taxation Foreign Exchange Trade Environment Sports Patents Media and Advertising Direct Sales Feature Articles Follow up on the Reform on the Segmented Share Structure of the People's Republic of China In the July 2005 and November 2005 issues of the China Law Bulletin, we reported that the China Securities Regulatory Commission (the "CSRC") had begun reforming the segmented share structure system of PRC listed companies (the "Reform") with the promulgation of the Administrative Measures for the Reform of the Segmented Share Structure of Listed Companies. Other government authorities have issued related regulations facilitating the Reform, including the Ministry of Commerce ("MOFCOM") and the CSRC issuing on October 26, 2005 the Notice on the Administration of Foreign Investment Relevant to Reforms of the Segmented Share Structure of Listed Companies ; the "Notice"). This comment discusses the Notice and recent developments of the Reform. The Notice addresses issues concerning foreign invested joint stock companies with A shares listed on domestic stock exchanges ("FIJSC") in connection with the Reform. Two points in the Notice are particularly worth noting: (i) Filing with and obtaining approval from MOFC...See the full content of this document
Sponsored links
