Friday, April 23, 2021
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 Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...