Tuesday, October 20, 2020
Tags New third board

Tag: New third board

CSRC to Facilitate Transfer of Over-the-Counter SME’s onto the Main Boards of Chinese Bourses

The China Securities Regulatory Commission (CSRC) has issued a new directive to facilitate the transfer of companies from the over-the-counter system of...

Non-Original Shares on China’s New Third Board Temporarily Exempt from Personal Income Tax

China's financial regulators have announced that transfers of "non-original shares" on Shenzhen's New Third Board will be made temporally exempt from personal income tax. The...

CBRC Bans Asset Management, Trust Plans from Serving as Controlling Shareholders

The China Securities Regulatory Commission has outlined three categories of shareholders that will be prohibited from serving as the controlling shareholders or largest shareholders...

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Chinese GDP Growth Rises to 0.7% in Third Quarter

China's GDP growth for the first three quarters of 2020 has entered positive territory despite the initial economic impacts of the COVID-19...

Huang Jianhui Calls for Creation of “Aircraft Carrier Fleet” of Chinese Banks and Enterprises for Expansion into Overseas markets

A leading Chinese economist has called for the country's banks and enterprises to join together in a concerted effort to expand their...

Loan Prime Rate Remains Unchanged for Sixth Consecutive Month in October

Chi­na’s loan prime rate (LPR) for October has re­mained un­changed for the sixth consecutive month.  The...

Shenzhen Lottery Winners Use Digital Renminbi to Pump Fuel, Pay for Meals

The winners of a recent digital renminbi lottery held in the southern tech hub of Shenzhen have used some of their proceeds...