May 2008
Draft implementation regulations for labour contract law issued
Government seeks to clarify confusion surrounding the new law
New rules for funds in Hong Kong
Government gives green light for fund management firms to expand into Hong Kong
New China legislation this week - 13 May 2008
Recent legislative activities from China
Full Text Translation - 13 May 2008
Outbound investment surges as China-Australia tie tightens
More local firms make use of Australia’s rich resources
Mainland power producer expands to overseas
Negotiations result in US$3.3 billion acquisition
Retailer makes first entry to Hong Kong
The first IPO on the HKEX in the second quarter of this year
April 2008
State Council takes steps to reform capital market
Approval for a new draft regulation on supervision and risk handling at securities firms
New regulation to improve efficiency of litigation document delivery
Mainland and Taiwanese business interests protected after court ruling
State-owned media group establishes privatization
One of the first privatizations of a digital media organization in China
New China legislation this week - 28th April 08
Recent legislative activities from China
First PRC leveraged buyout closes in 2008
CVC Asia Pacific succeeds in acquiring flooring manufacturer
Netherland firm establishes joint venture with Chinese securities company
Multi-national provider of investment products expands business into Asia
People Moves - 28th April 08
Legal comings and goings from greater China and beyond
Asia’s desirable yet risky foreign investment environment
Several high-risk areas outlined in M&A report
New China legislation this week - 21st April 08
Recent legislative activities from China
Gide Loyrette Nouel advises Areva T&D on Chinese expansion
Market leader in the transmission and distribution of energy offers solutions to China
Minsheng and RBC formed US$28 million joint venture
China’s seventh largest bank forms joint venture with Royal Bank of Canada
IFIL Group’s US$90 million deal closed
Group’s first direct financial investment in the Asian investment management industry
People Moves - 21st April 08
Legal comings and goings from greater China and beyond
GEM to provide new channel to raise capital
Law firms applaud opportunities for SMEs
Government restructuring eases ways for lawyers
The reshuffle of the regulatory body consolidates major agencies
New China legislation this week - 15th April 08
Recent legislative activities from China
10 firms work on deal to sell DM Label Group to Avery Dennison
Label manufacturer becomes part of a US firm
People Moves - 15th April 08
Legal comings and goings from greater China and beyond.
2008: A profitable year for US and UK law firms in China -
Globalization helps international law firms continue growing in size and revenue in China
New Information Office officials appointed in decade’s largest reshuffle -
Top government mouthpiece Wang to be in charge of both mainland and foreign media
New China legislation this week (3 New) -
Recent legislative activities from China.
Clifford Chance says leveraged buyouts possible despite credit crunch -
Latest CVC public-to-private acquisition is law firm’s fourth in two years
Ping An buys half of Fortis; White & Case advises -
Law firm helps Chinese insurer progress towards global goal
People Moves (2 New) -
Legal comings and goings from greater China and beyond.
March 2008
People Moves (3 New)
Legal comings and goings from greater China and beyond
China’s economic size set to exceed the US
Technology to drive growth and boost efficiency
Guangdong and Hong Kong seek more cooperation
Manufacturing service, entertainment and cultural sectors to drive relations
New China legislation this week (3 New)
Recent legislative activities from China
Oil IPO raises US$410m
Interest in resources drives more than $410 million
Chinese snack maker listed in HK
Delisted by Singapore now a billion dollar offering
YIHE Real Estate issued US$130 million bonds
Law firms and investment banks work together on real estate deal
Lawyers help medical device providers onto the global markets
Launch of the third-largest player in the global patient monitoring device industry
Lawyer report: Asian markets shape international capital markets
Hong Kong, the PRC, and India are the emerging markets that increasingly shape the landscape for international capital markets
Lawyers say: Credit tightening will change investment patterns in China in real estate
Foreign investors must prepare to take a long-term view if they are interested in investing in the PRC real estate market, due to the central government’s credit tightening, said Ashley Howlett, partner at Jones Day.
Xinyan Real Estate Co a Chinese first for property listing
Xinyuan Real Estate Co raised US$282 million from its IPO and New York Stock Exchange listing on December 12 2007, becoming the first China property developer to be listed in the US. Merrill Lynch was the sole bookrunner and lead underwriter.
No Credit Crunch in Asia
Despite the global credit crunch and the PRC’s overheated economy, investor uncertainty will not extend to Asia, according to Merrill Lynch’s analysis report.
CRCC in 2008’s largest IPO to date
China Railway Construction Corporation raised HK$18.3 billion [before exercise of the over-allotment option] H-share offering, which started trading on the Hong Kong Exchange in March.
Motorola joins forces with Dahua Digital
Motorola acquired the assets related to digital cable set-top products of Zhejiang Dahua Digital Technology Co and Hangzhou Image Silicon, known collectively as Dahua Digital.
New Chinese legislation this week (3 New)
A look at recently introduced legislation.
People moves (4 New)
The latest people moves within the industry.