A recent report shows Chinese after-school tutoring companies listed in the U.S. have especially been under heightened scrutiny both by U.S. plaintiffs firms as well as the Chinese government.
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
SPACs in the U.S. remain attractive for Chinese tech firms; COVID and economic pressures cause changes in consumer behavior; and restrictions on the use of superlatives in advertising clarified
The U.S. Copyright Office suggests that some types of AI-generated content may be copyrighted; Big Four auditing firm Deloitte's Beijing Office was fined US$31 million for deficiencies in its audit of Huarong; and Chinese government officials have pledged to allow foreign firms to list when conditions are "mature."
U.S. further protects its technology with new strike force; Hong Kong amends listing rules; and China accedes to the Apostille Convention for international business integration.
The U.S. approved nearly 70% of license applications for exporting goods and technology to blacklisted Chinese firms in 2022; Shenzhen and London Stock Exchanges sign agreement to implement a Shenzhen-London Connect; and online-generated credit reports replace "no illegal record" certificates in Shanghai
