Mergers and Acquisitions

• In the News: 10-Year Outbound Low; Antitrust Amendments; and UK Connect Suspended

  Chinese outbound M&A hits decade low; draft amendments to anti-monopoly law released; and Shanghai-London stock connect suspended over political tensions

  January 05, 2020

  

• State Administration of Foreign Exchange, Circular on Further Promoting Convenience in Cross-Border Trade and Investment

  国家外汇管理局关于进一步促进跨境贸易投资便利化的通知

  Non-investment type FIEs are allowed to use their investment capital in equity investment

  November 28, 2019

• In the News: Alibaba's Hong Kong Listing; China Lifts US Chicken Ban; Australia Approves Mengniu Takeover; and Jingye Rescues British Steel

  Alibaba set for secondary listing in Hong Kong; China lifts four-year U.S. poultry ban; Australia approves Mengniu takeover of infant formula maker; and Jingye Group rescues British Steel from the brink

  November 18, 2019

  

• Provisions for the Administration of the Equity of Securities Companies

  证券公司股权管理规定

  Thresholds on controlling shareholders of securities companies are lowered

  October 24, 2019

• China's National Security Review: a Case Study of a Supermarket Chain

  China's national security review regime has largely flown under the radar since it was introduced in 2011. But a recent case involving a foreign-invested supermarket chain, the first since a revamp of the regime's regulatory structure elevated the role of China's powerful central planning agency, has put national security in the spotlight once again.

  October 11, 2019

  

• In the News: PayPal Enters China; IP Theft Tops Risk Survey; and Arbitration Arrangement Takes Effect

  PayPal acquires controlling stake in Chinese payments company; Trade war, IP theft biggest worries for companies in China, survey finds; and Hong Kong-mainland arbitration interim measures arrangement takes effect

  October 07, 2019

  

• In the News: China's Faltering Economy; Mengniu Proposes Australian Purchase; and Chinese Policymakers Want Business Input

  China's economy continues to slow as August data paint worrying picture; Chinese dairy giant Mengniu proposes to buy Australian infant formula maker; and the NDRC outlines plans to incorporate more business input in policy-making

  September 23, 2019

  

• China Securities Regulatory Commission, Decision on Amending the Measures for the Administration of Material Asset Restructurings by Listed Companies (Solicitation of Public Comments)

  中国证券监督管理委员会关于修改《上市公司重大资产重组管理办法》的决定 (公开征求意见)

  The CSRC is to revise measures to achieve quality restructurings of listed companies

  September 11, 2019

• In the News: China-US Tariff Hikes; Chinese Outbound Deals Plummet; Goldman Set For Majority JV Control; and Beijing to Trial Foreign Investment in VPNs

  China-U.S. trade war further escalates with latest retaliatory tariff hikes from both sides; Chinese outbound M&A continues downward spiral amid trade war and heightened regulatory scrutiny; Goldman Sachs set to take majority control of Chinese securities JV; and Beijing to trial foreign investment in VPN services by the end of the year

  August 26, 2019

  

• Special Administrative Measures for Foreign Investment Access (Negative List) (2019 Edition)

  外商投资准入特别管理措施 (负面清单) (2019年版)

  The National Negative List relaxes foreign investment in mining, telecommunications, utilities, cinemas and water transport

  July 10, 2019