Legal Analysis on the Application of New Rules on Confidentiality and Files Administration of Overseas Offering and Listing

April 03, 2023 | BY

Susan Mok

China's rules on confidentiality and state secrets are complex and contain a number of pitfalls. Danli Zou of Commerce & Finance Law Offices provides valuable guidance on the latest rules relating to overseas offering and listing by domestic companies

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Summary

  • New rules have been promulgated which relate to dealing with confidentiality and related issues in the context of overseas offering and listing by Chinese domestic companies
  • The rules cover a number of circumstances including where state secrets or other documents with national security implications are involved
  • In some cases, certain filed materials should be kept confidential
  • In other circumstances, domestic approval will be needed before documents are provided to overseas regulators