After soliciting public comments on the antitrust regulation drafts, the State Administration for Market Regulation issued the regulations on concentration reviews, abuse of dominant market position, as well as monopoly agreements, adding more details to certain restrictions and exceptions.
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
Companies need to designate a staff member and office to protect personal information for cross-border transfer. The China National Intellectual Property Administration allows online oral hearings of its administrative decision cases. China Securities Regulatory Commission may implement a position limit system, large position reporting system for derivatives trading.
Sandeep Jadav and Shengyu Jin of FTI Consulting's Technology segment look at the impact of the ever-increasing use of data and the advent of new technologies on legal and investigations teams in the region
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."
