On April 27, 2018, various financial regulators in China promulgated new measures further opening up the financial services industry to foreign investment, regulating non-financial entities investing in financial institutions and tightening up control over the conduct of asset management business by financial institutions.

Our colleagues in Beijing and Shanghai, Sun Hong, Wang Yi, Lynn Yang, Ai Tong, and Wenqi Zheng, have issued a legal update, available here, discussing these new measures.