On August 11, 2017, the Dalian Intermediate People's Court approved the proposed bankruptcy restructuring plan of Dongbei Special Steel Group Co. Ltd., a state-owned enterprise ("SOE")...

Please join Fangda Partner where we will discuss the key legal issues relating to the opening-up of China's financial sector, especially those in the investment management and Fintech industries.

When a distressed company faces enforcement proceedings, creditors and debtors often find themselves at an impasse between immediate asset liquidation and uncertain bankruptcy restructuring. The J Company case demonstrates how out-of-court restructuring can provide a credible negotiation platform that preserves enterprise value while offering creditors better recovery prospects than a forced auction.

As the largest coastal open city in northern China, Tianjin is one of the first batch of Qualified Foreign Limited Partner ("QFLP") pilot cities. For a long time after As the largest coastal open city in northern China, Tianjin is one of the first batch of Qualified Foreign Limited Partner (QFLP) pilot cities...

The case stands out as one of the Hong Kong Competition Commission's most important, complex and widely-publicized enforcement actions to date, also reflecting its emphasis on the regulating digital platforms and the digital economy

The fifth National Financial Work Conference (the "Conference"), held from July 14 to 15, 2017, demonstrated that the Chinese government gives high priority to reducing financial risks...

The Legislative Affairs Office of the State Council (the "LAO") issued the draft Interim Regulations on the Administration of Privately Placed Investment Funds (the Draft Regulations) on August 30...

岁月不居，时节如流。2024年，国际舞台动荡与变革交织，地缘政治冲突延宕升级，"超级大选年"叠加政治思潮激荡。中国金融政策顶风破浪，稳中有&#

当前，中国市场监管法治体系正经历深刻重构与系统性完善，规则日益精细、执法日趋活跃、责任不断压实。面对持续演进的市场监管体系与日益

The past several years have witnessed a new round of opening-up of China's financial sectors. Since 2019 especially, with various limits on foreign investments removed, market evolvements have been...

On February 6, 2026, following the reaching of consensus with cyberspace security and judicial authorities, and as approved by the State Council, all the PRC regulatory authorities responsible for virtual asset regulation...

Despite an otherwise difficult year, Hong Kong has again solidified its position as one of the prime finance centers of the world, and tops the world's IPO fund-raising list in 2019 for the sixth time in the last 10 years.

Due to the foreign exchange control principle in mainland China that "domestic debt shall not be converted into foreign debt", domestic banks were not permitted to make outbound assignment...

泰国投资委员会（BOI）对外资控股与土地所有权实施新限制

On October 28th, 2025, the amendment to China's Cybersecurity Law (the"CSL Amendment") was officially promulgated during the 18th session of the Standing Committee...

On March 24, 2025, Premier Li Qiang signed State Council Order No. 803 "Regulations for the Implementation of the Anti-Foreign Sanctions Law of the People's Republic of China" (the "Regulations"), which took effect upon its announcement.

On May 2, 2026, China’s Ministry of Commerce (“MOFCOM”) issued its first-ever blocking order (the “Blocking Order”) under the Rules on Counteracting Unjustified Extra-territorial Application of Foreign Legislation...

The Hong Kong Court of Final Appeal has issued a landmark ruling on the foreign illegality defence in unjust enrichment claims, formally adopting the flexible "range of factors" approach from Patel v Mirza. The decision clarifies when parties can recover funds through restitution even when the underlying cross-border contract is unenforceable due to foreign law violations, establishing critical distinctions between contractual and restitutionary remedies.

After a lapse of twelve years, the Ministry of Commerce ("MOFCOM") has amended their 2005 Automobile Brand Sales Management Implementation Measures ("2005 Brand Measures")...

In a recent case Hyalroute Communication Group Limited v Industrial and Commercial Bank of China (Asia) Limited [2025] HKCFI 2417, Recorder William Wong SC refused to grant...