In the News: Shanghai Foreign Lawyers Measures; Chinese IPOs Backing Scrutiny; and Nasdaq Chinese IPO Rules

Shanghai puts forward measures to boost foreign-advice business of Chinese law firms; JP Morgan and Bank of America subpoenaed by Congress over CATL IPO; and Nasdaq to require Chinese companies to raise $25 million in IPOs.

Shanghai, China. Credit: Patrick Foto/Adobe Stock

Domestic Law Firms to Hire Foreign Legal Advisors

Shanghai has issued local rules for a five-year pilot project encouraging foreign lawyers to work at local law firms to advise on foreign laws.

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