Capital Markets

• In-House Insights: China's Biggest Real Estate Platform

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

  September 30, 2021

  

• In the News: PBOC Crypto Ban; Overseas Coal Plants; and PCAOB Final Rule

  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

  September 28, 2021

  

• In the News: HKEX SPAC Consultation; US-China Tech Investment; and MIIT Auto Data

  The HKEX has published a consultation paper to introduce its SPAC listing regime; US-China bilateral tech investment plummets 96%; and MIIT calls on telecoms and auto companies to strengthen data protection policies.

  September 20, 2021

  

• In the News: Wealth Management Connect; 'Too Many' Electric Vehicle Makers; and LCS Agreement with Indonesia

  GBA Wealth Management Connect launched; minister calls for consolidation of Chinese EV manufacturers; and China-Indonesia local currency settlement agreement implemented

  September 13, 2021

  

• In the News: Beijing SME Exchange; BNP Paribas Wealth; and Hainan Asset Management

  Beijing stock exchange hosting innovative SMEs announced; BNP Paribas in talks to launch majority-owned wealth management venture; and Hainan to trial cross-border asset management operations

  September 07, 2021

  

• In the News: VIE Disclosures; SPC "996" Cases; and Algorithm Draft Rules

  SEC begins asking Chinese companies for more VIE-related disclosures; SPC publishes model cases involving labor disputes as "996" crackdown continues; and CAC publishes draft rules for algorithm recommendation services

  August 30, 2021

  

• Chinese Companies Look to Hong Kong for ESG Guidance

  Hong Kong has played a key role in familiarizing PRC clients with tightening ESG requirements, lawyers say, and it will continue to do so as the city further bolsters rules in this area

  August 27, 2021

  

• In-House Insights: Investment Diligence for a Healthcare VC

  Edward Tung, legal counsel for Hong Kong-based venture capital firm ORI Capital, discusses the growing importance of ESG, the rise of special purpose acquisition companies (SPACs) and the advantage of having scientific expertise when representing healthcare and biotechnology companies.

  August 20, 2021

  

• In the News: Cross-Border Carbon Credits; Arbitration Law Revisions; and Standard Chartered Brokerage

  Hong Kong buyers make first cross-border CCER deal under new national ETS; Arbitration Law proposed revisions released to align further with international practice; and Standard Chartered application for securities venture accepted by CSRC

  August 17, 2021

  

• In the News: JPMorgan Securities Approval; Fidelity Mutual Fund; and SEC Board Diversity

  JPMorgan becomes first fully foreign-owned securities venture in China; Fidelity approved to set up new fully-owned mutual fund business; and SEC approves new board diversity quota and disclosure requirements

  August 10, 2021