Last week, China’s foreign exchange regulator – the State Administration of Foreign Exchange (“SAFE”) – announced the removal of investment quota limits for qualified foreign institutional investors (“QFIIs”) and renminbi qualified foreign institutional investors (“RQFIIs”).  This signals the further opening-up of China’s financial markets to foreign investors. 
Continue Reading (R)QFII: 5 things you need to know after removal of investment quota

China Eastern Airlines Corporation Limited (“Eastern Airlines”, 600115. SH), which received CSRC’s approval, has recently made a private placement of A-shares and H-shares in an important move to respond to the deepening of China’s mixed ownership reform of SOEs and calls for strategic cooperation between state-owned and private sectors.
Continue Reading King & Wood Mallesons advises China Eastern Airlines’ mixed ownership reform