Tag: China
Knowing is half the battle
China-UAE trade growth drives unique arbitration challenges for Chinese companies
Han Kun lands in Singapore, opening first office outside China
Han Kun Law Offices has set up in Singapore, the firm’s first branch outside China and the second overseas premises after its Hong Kong arm qualified to practice in November last year
HK passes bill for reciprocal enforcement of mainland judgments
Hong Kong’s Legislative Council (Legco) passed the long overdue Mainland Judgments in Civil and Commercial Matters (Reciprocal Enforcement) Bill on 26 October 2022
Hylands BJ headquarters appoints five partners
Hylands has appointed Tian Dapeng, Yin Yue, Cai Yuee, Lu Bing and Wang Yuan as partners at the firm’s Beijing headquarters
Will SBLCs pave new financing route for property companies?
Three significant offshore bonds with a combined value of USD700 million issued under standby letters of credit (SBLC) this year caught people’s attention
AVIC Chengdu UAS lands on SSE Star Market
Jia Yuan Law Offices advised AVIC Chengdu UAS on an RMB4.37 billion (USD649 million) IPO on the Star Market of the SSE, surpassing the initial target of RMB1.64 billion
Mega Genomics raises HKD215.3m on debut
China’s largest consumer genetic testing platform Mega Genomics raised HKD215.3 million (USD27.6 million) from its IPO on the HKEX
Departing IT staff getting tied up with non-compete clauses
With many IT employees offered huge salary hikes and perks from competing firms amid soaring global demand for IT services
Maintaining momentum
Massive infrastructure development and liberalisation of overseas investment have boosted the Philippines’ competitiveness, but the pandemic has changed everything. What will a newly elected government mean for business-related legal reform?
HKEX gong chimes as GoGoX goes public
China’s third largest online logistics platform has debuted on the Hong Kong bourse – a move that summoned the strike of the gong back to the trading floor
Nippon paints China strategy as it buys five companies
Nippon Paint Automotive Coatings (NPAC), a subsidiary of Nippon Paint Holdings, has completed an RMB350 million (USD52 million) acquisition of additional shares in five Chinese automotive coatings companies
NaaS charges into Nasdaq on short-cut
NaaS Technology has been listed on Nasdaq through a merger with US company RISE Education Cayman in a deal that makes NaaS the third China concepts stock to go public in the US this year and the first IPO for an electric-vehicle charging-services provider
Watching the watchers
New roles of intermediaries place them under the microscope of capital market regulation
In-house specialty
Top in-house counsel and external lawyers were quizzed to determine what skillsets are behind their successes in two very different legal roles
Emergency cross-border arbitration run by CIETAC HK
According to section 22A of the Hong Kong Arbitration Ordinance, parties are entitled to conduct emergency arbitrator procedures under the adopted institutional arbitration rules prior to constitution of the arbitral tribunal
Ethics for AI
Tao Fuwu, Chief Legal Officer of Coudwalk Group, one of the “four AI dragons in china”, shares his views on current legal and compliance requirements on AI ethics
Vision Deal gets nod as HK’s second SPAC listing
The HKEX listing of Vision Deal, a special purpose acquisition company backed by former Alibaba CEO David Wei, saw three firms advising in the HKD1 billion (USD127 million) transaction
Heightened scrutiny of RPM continues
Antitrust enforcement are continuing to crack down on outlawed resale price maintenance (RPM), with a multinational dental medical device manufacturer’s Chinese entity recently fined RMB9.12 million (USD1.35 million)
Five-year antitrust enforcement plan announced
The antitrust authority will be stepping up oversight over the platform economy, technology development, data security and livelihood sectors such as utilities, healthcare and medicine
SPC pharma matter spotlights pay-for-delay agreements
The Supreme People’s Court (SPC) has identified relevant factors from an Anti-Monopoly Law perspective when assessing pay-for-delay settlement agreements
Laura Cha re-elected as HKEX chair
Laura Cha Shih May-lung will continue her role as HKEX chair for two more years after being re-elected to the post she has held since 2018
Global network for judicial dispute resolution is born
Judiciaries from Australia, Canada, China, Germany, Malaysia, the Philippines, Singapore, Britain and the United States have established the International Judicial Dispute Resolution Network
Haiwen hires energy specialist
Su Hao has joined the Haiwan & Partners in the firm’s Beijing and Hong Kong offices as a partner
Companies must disclose FDI from neighbours
The Ministry of Corporate Affairs has amended the Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022, requiring Indian entities to reveal if investments are made by a company that is incorporated in a country that shares a land border with India
HK Justice Secretary: arbitration fee shake-up a win-win
The Hong Kong SAR Government has submitted an amendment bill to the Legislative Council to propose three new fee agreements to allow lawyers to charge arbitration cases by the principles of "no win, no fee" and "no win, low fee"
What does it take to be a top lawyer?
Our A-List lawyers share strategies for success
In-house Counsel Awards revealed
After months of intensive surveys, we reveal the winners of our In-house Counsel Awards 2021-22
Diagnostic provider Yunkang goes public in HK
The fifth-largest market player in China’s medical operation services sector has been listed on the HKEX
Towards the light
Easing of regulations on offshore listing brings hope for an end to a long-running Sino-US dispute
Regulating crypto assets
The past decade has seen extraordinary growth in technological innovation
DWF and Hauzen agree to affiliate
DWF has secured an affiliation agreement with Hauzen, a Hong Kong law firm specialising in financial services regulation, contentious insurance, complex commercial problems and arbitration
HSF sets construction disputes hub in Kuala Lumpur
Herbert Smith Freehills has opened a construction and infrastructure disputes hub in Kuala Lumpur
The practice of arbitrating derivatives disputes
A wholly foreign-owned bank in China established by a leading global commodity derivatives trading bank group (the claimant), and a large Sino-foreign joint venture non-ferrous metal smelting and processing enterprise (the respondent) entered into a copper forward transaction
DaHui hires M&A and compliance partner
Richard Qiang has joined DaHui Lawyers as a Beijing-based partner – the third to be taken on as partner by the firm this month
Employers now empowered to search criminal records
Employers can check criminal record searches of employees and candidates in certain circumstances under the new Working Rules for Public Security Departments to Handle Criminal Record Checks, issued by the Ministry of Public Security on 31 December 2021
Little to fear in Chinese regulator’s handling of US move
A consultation document released by China’s securities watchdog potentially removes a key hurdle for US regulators to gain full access to the auditing reports of Chinese companies listed in New York
Zhong Lun builds historic case with debt overhaul
China’s first case in which the debt risk of 25 construction companies was resolved by out-of-court debt restructuring procedures
In her words
Senior women lawyers across Asia describe their journeys to success and share words of wisdom for aspiring juniors in the profession. Vandana Chatlani reports
Pinsent Masons makes Lui head of China
Pinsent Masons has made financial services partner Kanyi Lui the firm’s head of China. Lui replaces Sam Boyling who relocates to the Singapore office
Deal highlights
Aquila Acquisition Corporation became the first special purpose acquisition company (SPAC) to list in Hong Kong
AllBright to open office in Haikou
AllBright Law Offices has won approval to open a branch office in Haikou as the Hainan provincial capital grows as a global financial centre
Administrative agreement types and arbitrability
The type and scope of an administrative agreement will determine whether arbitration can be used to resolve disputes that arise from it.
Chinese court recognises UK commercial judgment for first time
With the approval of the Supreme People’s Court, the Shanghai Maritime Court ruled to recognise and enforce a commercial judgment made at the UK High Court based on the principle of reciprocity
How will PIPL impact corporate compliance probes?
To further fulfil the commitment to protect personal information, mainland China promulgated the new Personal Information Protection Law (PIPL)
JunHe hires expert in securities law
Shi Libin has joined JunHe as an expert in corporate and securities law. She joins from Linklaters and has legal qualifications in China and New York State
Haiwen sharpens IP focus
Jia Yuanyuan, an IP specialist, has joined Haiwen & Partners as a partner in Beijing.
Liangshan issues USD204m bond on SGX
Liangshan Development Group issued USD204 million senior unsecured notes due in 2025 on the Singapore Exchange with a coupon rate of 6.5%
Needs of the many
With a state-led "common prosperity" philanthropy campaign well underway, what options do private enterprises have? Jasmine Wen reports