45 results found

In a recent Hong Kong Stock Exchange's (HKEX) disciplinary action, a GEM listed issuer (Company) and all members of its board at the material time were sanctioned for failure to disclose...

On December 24, 2021, China Securities Regulatory Commission ("CSRC") issued draft rules and measures on the direct and indirect offshore listings of onshore companies for public comments.

For the first time, PRC courts have asserted jurisdiction over securities fraud claims brought by Mainland investors against offshore-incorporated, Hong Kong-listed companies. The Beijing Financial Court's landmark ruling establishes that harm to domestic investors alone can trigger extraterritorial application of PRC Securities Law, even when securities transactions occur outside Mainland China.

King & Wood Mallesons acted as the PRC legal counsel for the six lead underwriters in Alibaba's U.S. listing.

The Guernsey Government has signed a Statement of Cooperation with the Beijing Municipal Bureau of Financial Work.

The rapid expansion of China’s economy, privatisation of state-owned enterprises, deregulation of previously restricted industries and increased M&A activity have led to a significant increase in the number of Chinese companies listing overseas.

Guernsey's credentials as an international funds centre have been showcased to the leading asset management groups in China.

A reverse merger often is perceived to be a quicker and cheaper method of "going public" than an IPO.

On 17 February 2023, the China Securities Regulatory Commission (CSRC) published new regulations relating to overseas offerings and listing by PRC companies. The new regulations...

China's Supreme People's Procuratorate has released five landmark cases addressing malicious intellectual property litigation, with particular focus on a utility model patent dispute between Foshan Company A and Wuxi Company B. The case demonstrates how strategic patent litigation can be weaponized to disrupt a competitor's IPO process, and establishes important precedents for identifying and punishing bad-faith intellectual property claims that harm legitimate business interests and judicial integrity.

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.

In a reverse merger transaction, an existing "shell company" — which is a public reporting company with few or no operations — acquires a private operating company with a viable business — usually one that is seeking access to funding in the U.S. capital markets (Chinese reverse merger or CRM).

A股分拆科创板上市的监管要点探析 ——以A股、港股分拆/类分拆科创板为视角

The effective date of the Trial Measures and the Guidelines are 31 March 2023.

The Stock Exchange of Hong Kong Limited (the "Exchange") is one of the most popular and active stock exchanges in the world with over HK$300 billion raised in 2019.

In a move to increase share supply to help deflate the Shanghai and Shenzhen stock-exchange bubble, China's securities regulator, CSRC, has finalised provisional rules for Hong Kong-listed red chip enterprises to return home and list on the A-share market.