Private Equity and Venture Capital

• China Securities Regulatory Commission, Several Provisions on Strengthening the Oversight of Private Investment Funds (Draft for Comments)

  中国证券监督管理委员会关于加强私募投资基金监管的若干规定 (征求意见稿)

  CSRC tightens control on PE fund establishment and management

  October 15, 2020

• In the News: COVID-19 Legal Advice; First Foreign Bad Loan Manager; and Economy Boosting Measures

  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

  February 23, 2020

  

• Trends, Challenges, and Opportunities: China's PE/VC Sector in 2019

  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.

  January 31, 2020

  

• Asset Management Association of China, Remarks on the Record Filing of Private Investment Funds

  中国证券投资基金业协会私募投资基金备案须知

  Private equity investment should not be a means of lending

  January 23, 2020

• In the News: Phase One Deal Signed; Online-Only Banking Rules; and US Venture Drop

  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

  January 20, 2020

  

• In the News: Business Environment Improvement; China Tops World for Unicorns; and Cryptography Law Passed

  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

  October 28, 2019

  

• In the News: Tax Incentives for IC Companies; Corruption Probe for Ex-CSRC Boss; and Scrutiny for Private Equity Funds

  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.

  May 26, 2019

  

• Zhuhai City, Tentative Measures for the Administration of the Pilot Foreign-invested Equity Investment Enterprise Project

  珠海市外商投资股权投资企业试点管理暂行办法

  Zhuhai allows foreign PE firms to raise funds in China

  February 28, 2019

• Circular on Policy Issues Concerning Income Tax on Individual Partners of Venture Capital Firms

  关于创业投资企业个人合伙人所得税政策问题的通知

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

  February 13, 2019

• Taking China's Asset Management to the Next Level

  中国资产管理行业进入新阶段

  Catherine Chen of Zhong Lun Law Firm discusses the recent developments affectingChina's investment fund schemes and private investment funds, the key compliancerequirements when advising on investment funds, how China's opening up of its financialmarkets 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

  December 20, 2018