Private Equity and Venture Capital

Global legal community rallies to support COVID-19 hit businesses with expert advice; China approves first foreign-owned asset management company following trade deal; and more measures introduced to kickstart faltering economy

Zaiguang Lu of Han Kun Law Offices and Charles Wu of Han Kun Law Offices’ Hong Kong Association Law Firm review major pieces of legislation affecting China’s PE/VC industry and offer insight about the key trends, challenges and opportunities in the sector.

Private equity investment should not be a means of lending

China, U.S. sign phase one trade deal in trade war breakthrough, but tariffs and issues remain; Reuters reports imminent first rules for online-only banks in China, foreign participation welcomed; and U.S. venture investment in China sinks to six-year low amid trade war and slowing Chinese economy

China releases regulations to improve business environment and equalize market treatment; China leads the world in number of mega-startups, report finds; and cryptography law passes ahead of digital currency roll-out

New tax incentives are issued for Chinese software and integrated circuitry companies, as international companies withdraw from Huawei’s supply chain under U.S. pressure; former head of the CSRC, Liu Shiyu, is facing a likely corruption investigation; and China’s private equity sector comes under CSRC scrutiny, with warnings issued to several firms.

Zhuhai allows foreign PE firms to raise funds in China

Venture capital firm partners may pay tax on an investment fund basis

Catherine Chen of Zhong Lun Law Firm discusses the recent developments affecting China’s investment fund schemes and private investment funds, the key compliance requirements when advising on investment funds, how China’s opening up of its financial markets affects hedge fund investment and the outlook for investment funds in 2019 中伦律师事务所的陈芳律师讨论了影响中国投资基金体系特别是私募投资基金的最新发展，提供投资基金法律服务时的主要合规要求，中国开放金融市场如何影响对冲基金投资，以及投资基金在2019年的前景

Xiangyang Yi of Jingtian & Gongcheng examines the latest trends in PE/VC, how PE structures are financed, the impact greater foreign investment will have on PE acquisitions, the sectors attracting VC investors, and tax concerns PE/VC lawyers should be aware of 竞天公诚律师事务所的易湘洋律师探讨了私募及风投的最新趋势，私募交易结构是以什么方式进行融资的，更多的外国投资对私募收购产生的影响，吸引风投投资者的行业，以及私募及风投律师应注意的税务问题