The outbreak of novel coronavirus 2019-nCoV ("Coronavirus") is an extraordinary challenge for many transactions involving Chinese companies. In this section, we analyse its impact on certain key aspects of mergers and...more
2/18/2020
/ Best Practices ,
China ,
Coronavirus/COVID-19 ,
Corporate Sales Transactions ,
Covered Transactions ,
Financial Markets ,
Force Majeure Clause ,
Infectious Diseases ,
Investment ,
Investor Protection ,
Investors ,
Joint Venture ,
Market Conditions ,
Material Adverse Effects ,
Public Health ,
Risk Management ,
Share Purchase Agreements
On 31 January 2020, the World Health Organization has announced the outbreak of novel coronavirus (2019-nCov), sourced from Wuhan, as a Public Health Emergency of Concern. The impact of the coronavirus outbreak, social...more
2/18/2020
/ Best Practices ,
Borrowers ,
China ,
Consumer Financial Products ,
Coronavirus/COVID-19 ,
Financial Institutions ,
Financial Markets ,
Financial Services Industry ,
Infectious Diseases ,
Lenders ,
Loans ,
Market Conditions ,
Material Adverse Effects ,
Public Health ,
Risk Management
After the China Banking and Insurance Regulatory Commission announced 12 measures to open up China’s banking and insurance industry in May, the Financial Stability and Development Committee under the State Council announced...more
10/24/2019
/ Bond Markets ,
China ,
China Securities Regulatory Commission (CSRC) ,
Financial Institutions ,
Financial Markets ,
Financial Regulatory Reform ,
Foreign Investment ,
Hong Kong’s Financial Services Development Council (FSDC) ,
Institutional Investors ,
Investment Opportunities ,
Pension Funds ,
People's Bank of China ,
QFIIs ,
RQFII ,
S&P
On 4 September 2017, the People's Bank of China ("PBOC") and six other government agencies issued the Statement on Preventing the Risks of Fund Raising through Initial Coin Offerings (the "ICO Statement"), declaring that...more
9/26/2017
/ Bitcoin ,
Blockchain ,
Capital Raising ,
China ,
Cryptocurrency ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
Financial Markets ,
Initial Coin Offering (ICOs) ,
People's Bank of China ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
Virtual Currency
On 30 June 2016, the industry self-regulating body, the Asset Management Association of China published what, on the face of it, appeared to be a fairly innocuous document entitled Questions and Answers regarding the...more
3/23/2017
/ CEPA ,
China ,
China Securities Regulatory Commission (CSRC) ,
Financial Institutions ,
Financial Markets ,
Foreign Investment ,
Foreign-Owned Corporations ,
Investment Funds ,
Investment Management ,
Joint Venture ,
MOFCOM ,
Private Funds ,
Regulatory Oversight