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.
State Council promulgates regulations helping define critical information infrastructure. SPC defines business ethics in the context of unfair competition. SAMR prohibits unfair competition acts online.
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
The scope of matters that may be arbitrated is expanded. Government authorities are required to conduct a fair competition review when formulating regulations. Important data of intelligent connected vehicles require security assessment when transferred abroad.
Ting Wu of Haiwen & Partners raises some questions to highlight how China's newly implemented drug patent linkage system attempts to resolve drug patent disputes in the early stages, which will have a sweeping impact on market entry strategies for chemical drugs in China
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
