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China Legal Trends

China Legal Trends

Mon, 14 Mar 2022 China Legal Trends CJO Staff Contributors Team

In February 2022, the Ministry of Transport and other seven authorities issued the “Notice on the Strengthening of Joint Supervision of the Whole Chain of Online Ride-Hailing Industry Including In-progress Rides and After-Journey Services” (关于加强网络预约出租汽车行业事前事中事后全链条联合监管有关工作的通知), further strengthening regulation of the online hailing business.

Mon, 14 Mar 2022 China Legal Trends CJO Staff Contributors Team

In February 2022, China Securities Regulatory Commission (CSRC) issued the “Provisions on the Supervision and Administration of Depository Receipts under the Stock Connect Scheme between Domestic and Overseas Stock Exchanges” (境内外证券交易所互联互通存托凭证业务监管规定), allowing qualified companies to apply for the issuance of GDRs in overseas markets once recognized by the CSRC.

Mon, 07 Mar 2022 China Legal Trends CJO Staff Contributors Team

In January 2022, China Securities Regulatory Commission and other departments jointly issued the “Guidelines for the Application of Regulatory Rules – Legal Class No.2: Rules for the Practice of Law Firms Engaged in the Initial Public Offering (IPO) and Listings” (监管规则适用指引——法律类第2号:律师事务所从事首次公开发行股票并上市法律业务执业细则), which sets new rules on law firms IPO practice in China.