New City Corporation has completed the US$120 million refinancing of Shanghai's Wai Gao Qiao Bonded Logistics Park Phase II. The real estate developer…
July 09, 2008
Legal
The number of futures companies in which one entity has a controlling interest or equity interest may not exceed two, and the number of futures companies in which it has a controlling interest may not exceed one.
July 09, 2008When a securities company is to establish a branch, it shall require the approval of the China Securities Regulatory Commission. A branch shall not have legal personality and its legal liability shall be borne by the securities company.
July 09, 2008When an IPO issuer restructures identical, similar or related businesses under the same corporate controller during the reporting period, it shall pay close attention to the effect of the reorganization on its total assets, or its operating revenue or gross profit.
July 09, 2008On May 12, 2008 the Supreme People's Court promulgated the Interpretation of Some Issues regarding the Application of the PRC Company Law, which became effective on May 19, 2008. The new interpretation provides guidelines on the application of Chapter 10 of the Company Law on dissolution and liquidation of companies incorporated in China, including foreign invested enterprises and domestically owned companies, both limited liability companies and joint stock companies.See the full text translation
July 09, 2008Lovells has elected Horace Lam as a partner in Beijing while promoting Geoffrey Lin to consultant in the Shanghai office, bringing the total number of…
July 09, 2008Poly Investments has carried out the first share swap in China under new M&A rules, but uncertainty still surrounds the treatment of acquiring equity interest.Poly's…
July 09, 2008Labour intensive enterprises will need to prepare for higher employment costs as the Shenzhen Municipal Government increased the city's minimum wage…
July 09, 2008Central China Real Estate has listed its HK$1.38 billion IPO in Hong Kong and Rule 144A/Regulation S global offering, consisting of an aggregate of 500…
July 09, 2008China Netcom has proposed a US$24 billion merger with China Unicom as part of a broader restructuring of China's telecommunications sector.Under the…
July 09, 2008