86 results found

In response to significant changes in the asset structure of commercial banks, especially with a rapid rise in the proportion of non-credit assets, the China Banking and Insurance Regulatory Commission (CBIRC)...

New rules allowing foreign-invested partnership enterprises allow for setting up an onshore fund (a so-called Renminbi fund) that can raise funds locally and invest without the need to go through arduous foreign investor approvals

This year, a record $21.6 billion in debt repayments will flow from developing countries to China, marking a pivotal moment in the evolving global lending landscape.

Insurance-linked securities ("ILS") are an effective tool to allocate cat risk that is yet to be developed in China. In the ILS market, cat risk is typically transferred to investors through cat bonds and other securitisation tools.

The past twelve months have seen a tremendous increase in the number of China-based private companies and PRC state-owned companies accessing the U.S. capital markets, including Hurray! Holding Co., Ltd. and Linktone Ltd., which Morrison & Foerster LLP represented in their global IPOs and concurrent NASDAQ listings, and KongZhong, in which Morrison & Foerster LLP represented the lead underwriter UBS Investment Bank.

A trust company is a unique financial institution in the PRC which manages entrusted funds through the issuance of trust units.

The New Rules on Foreign Debt have abolished some requirements, clarified uncertainties and consolidated regulations.

China has been actively developing its capital markets and further opening-up to foreign investors aiming to connect Chinese capital markets with the rest of the world.

The State Administration of Foreign Exchange of China ("SAFE") has issued new rules, effective as of November 1, 2005, on foreign exchange registration concerning equity financing transactions through offshore "special purpose companies" ("SPCs") and their onshore investment in China.

China's new foreign debt regulation regime will take effect on 10 February 2023. The regime was promulgated by the National Development and Reform Commission...

Recent events foreshadow the opportunities and challenges that Chinese companies and their investors will face in both the U.S. and People’s Republic of China as they seek to access the public capital markets.

On 29 March 2010, the Shanghai No. 1 Intermediate People’s Court (the Court) finally handed down its sentence in the most long awaited and controversial case involving Chinese or Chinese-born employees of foreign companies in recent memory. Stern Hu, the Chinese-born Australian national, and the other three Chinese employees of Rio Tinto (the Employees), were convicted of stealing commercial secrets and taking bribes, and were handed prison terms ranging from 7 to 14 years.

For over a decade, our China dispute lawyers have consistently received inquiries from companies that have paid between $3000 and $100,000 for product from a Chinese manufacturer and received either nothing.

Affected by the pandemic, secondary market activities of domestic non-performing assets (NPAs) have decreased significantly, making disposal remarkably more difficult.

The Regulation on Foreign Exchange Administration of Cross-border Security together with its operational guidelines came into effect on 1 June 2014.

On the 21st of January 2004, the People’s Bank of China published its draft Regulation on Administration of Auto Loans for consultation, which set out respective rules for auto loans granted to different kinds of debtors as well as for risk management

On 18 August 2011, the PRC State Administration for Industry and Commerce (SAIC) released a draft (for public consultation) of the Administrative Measures on Registration of Debt for Equity Swaps (the Draft Measures).