China
• Taxation of Indirect Transfer of Real Estate in China
• China proposes new Foreign Investment Law
• AMAC issues guidelines on outsourced fund services
• CBRC publishes measures on financial asset management companies
• State Council publishes trial rules for immovable properties registration
• Qianhai Shenzhen – Hong Kong cooperation plan approved

Hong Kong
• Proposed extension of the Hong Kong offshore fund exemption regime may benefit PE funds and PERE funds
• Amendments to Code on Unit Trusts and Mutual Funds take effect
 

Other Headlines:
• Indian government reviews FDI policy on foreign investment limit for construction development sector
• Thai SEC to issue infrastructure trust regulations