New RQFII rules announced: new ways to use offshore RMB - part II *

China, Hong Kong - December 29 2011
Advance Payment ACO Model

Co-authors: Ian Lewis, Jeckle Chiu, Yong Ren, Kate R. Hu.

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Further regulation of private equity funds in China *

China - December 13 2011
China's National Development and Reform Commission (NDRC) has issued Circular on Promoting the Regularisation and Development of Equity Investment Enterprises (Circular 2864), effective 9 December 2011.

Co-authors: Yong Ren.

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The emergence of stapled securities and business trusts in Hong Kong *

Hong Kong - June 8 2011
On 2 June 2011, PCCW Limited (stock code 8) announced that the Hong Kong Stock Exchange has confirmed it may proceed, subject to certain conditions, with a proposed spin-off which is expected to involve stapled securities.

Co-authors: Jeckle Chiu.

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RMB funds - Shanghai's QFLP Pilot Program - an update *

China - May 12 2011
Shanghai's regulatory authorities officially launched the foreign invested private equity investment enterprise pilot program (the Pilot Program) with the issuance of the Implementing Measures on the Pilot Program of Foreign Invested Private Equity Investment Enterprises on 11 January 2011.

Co-authors: Yong Ren.

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NDRC issues guidelines for RMB funds and fund management companies *

China - May 9 2011
China's National Development and Reform Commission (NDRC) has recently taken further steps to regulate and standardise fundraising by private equity funds and the operation of fund management companies in China.

Co-authors: Yong Ren.

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