V&T Law Firm

1.  Legal Basis of Disputes about Claims Related to False Statements in the Securities Market

Author: Wang, Juan Joint ventures (JV) are a major form of foreign investment. Even if you plan to establish a JV outside of China, you cannot ignore Chinese antitrust law because it applies abroad and has no statute of limitation. This article will outline the basic standards and procedures of Chinese antitrust review of a JV.

Author: Lyon Dong (Partner) +86.21.5081.9091 [email protected] Charles Stone (Int’l Counsel) +86.21.5081.9091 [email protected] Introduction China’s State Council just passed new Foreign Investment Law Implementing Regulations (2019 FILIR) that partially clarify how foreign investment is regulated in China.[1] The Chinese authorities rarely finalize implementing regulations this quickly: The 2019 FILIR was passed less than two months after the 2019 Draft Foreign Investment Law Implementing Regulations were published (2019 Draft FILIR).

Author: Victoria Wei Partner E-mail: [email protected] Mob：139 1796 4305

Author: Jack KOO, Partner of V&T Law Firm, Email: [email protected] Dear reader, Many people in practice are sort of confused about the definitions of ICP and EDI, and have some un-answered queries about related issues. We hereby submit this Memo regarding our detailed answers or analysis on the captioned for your reference.

  Author: Su Yuqiang  Partner  [email protected]  1. The Legal Due Diligence Conducted by Acquirer  In a cross-border M&A transaction, the legal due diligence conducted by experienced attorneys for Acquirer towards Target Company is essential. It is a way for Acquirer to take a full look of Target Company and detect minor defects or risks beneath the surface of Target Company. To conduct legal due diligence requires the capabilities to sense the legal and commercial defects or risks of Target Company from attorneys. 

Author: Xue Lian, Partner at V&T Law Firm.  Tel:+86 10 8225 5588   Email: [email protected]     With the anticipated launch of the Science and Tech-nology Innovation Board (STIB), the Shanghai Stock Exchange has stated that prospectuses are among the most important documents for information disclosure, but the quality of existing prospectuses varies greatly.According to the Shanghai Stock Exchange, existing pro-spectuses fall short of the standard in five areas: (1) disclosure of science and technology innovation; (2) disclosure of business model; (3) risk disclosure; (4) wording; and (5) format. Admittedly, these issues are related to the fast progress of the STIB and the relevant parties’ mindset of trying to gain ground in this area. 

Author: Lyon Dong (Partner) +86.21.5081.9091 [email protected] Charles Stone (Int’l Counsel) +86.21.5081.9091 [email protected] China Passes New Foreign Investment Law April 15, 2019 Foreign investment; cross-border transactions

Author: Lyon Dong (Partner) +86.21.5081.9091 [email protected] Charles Stone (Int’l Counsel) +86.21.5081.9091 [email protected] January 11, 2019 The State Council presents a near-final draft to the National People’s Congress Foreign investment; cross-border transactions

Update — China’s Version of NASDAQ ? Author: Lyon Dong (Partner) +86.21.5081.9091 [email protected] Charles Stone (Int’l Counsel) +86.21.5081.9091 [email protected] Shanghai Stock Exchange to create Sci-Tech Innovation Board

Author: Lyon Dong (Partner) +86.21.5081.9091 [email protected] Charles Stone (Int’l Counsel) +86.21.5081.9091 [email protected] February 11, 2019 Capital markets; foreign investment