Capital Markets

In China's first-ever securities class action, Kangmei Pharmaceuticals has been ordered to pay $385 million as compensation—just enough for 50,000 investors to recoup their losses.

Hong Kong IPOs also subject to cybersecurity review; social, sustainability bond issuance pilot for foreign issuers; and U.S. law bars new equipment licenses for Chinese telecoms firms

SEC approves framework for implementing U.S. delisting law; HKEX releases guidance for issuers' climate disclosures; and China, EU unveil joint green investment taxonomy

HKEX launches its first A-share futures contract for global investors; Goldman Sachs approved to take full control of securities business; and Wealth Connect kicks off with 19 eligible banks

E-commerce orders are exempted from stamp tax

LinkedIn announces "sunset" of its Chinese platform; Weak Q3 GDP signals a challenging road to economic recovery; Additional capital and leverage ratio requirements for 19 Domestic Systematically Important Banks

Southbound trading launched for Bond Connect between mainland China and Hong Kong

From antitrust to securities laws, being the general counsel of a major real estate brokerage platform requires a generalist skillset

PBOC reaffirms nationwide ban on cryptocurrencies and related transactions; President Xi announces pause on coal-fired projects abroad; and PCAOB adopts final rule to implement US delisting regime