China's surge in initial public offerings has been met with an extremely enthusiastic response from both local and foreign investors. The increase in activity has also been warmly welcomed by professional service providers such as law firms, which have benefited immensely from the booming market. This month, China Law&Practice looks at some of the most successful listings of the past year and the legal advisers that worked on them.
PRC domestic savings will soon have additional overseas outlets, as regulations are issued to permit more types of outbound investment by greater types of qualified domestic institutional investors.
China's State Investment Company (SIC) has agreed to make a US$3 billion investment in The Blackstone Group, in the form of non-voting common units. The…