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China Initial Public Offering (IPO)

Fenwick & West LLP

Securities Law Update - September 2024

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Welcome to the latest edition of Fenwick’s Securities Law Update. This issue contains updates and important reminders on...more

Morrison & Foerster LLP

Coming Home – Overview of Going Private Transactions of U.S.-Listed Chinese Companies

Since the early 1990s, the U.S. stock exchanges have long been home to many prominent Chinese companies as they tried to attract a wide spectrum of investors and enhance their global profile. Over the past decade, waves of...more

Skadden, Arps, Slate, Meagher & Flom LLP

Are You Ready for a Hong Kong IPO?

With deep and liquid capital markets offering unique access to the Mainland China investor market, many international businesses are considering pursuing their IPOs in Hong Kong. This summary outlines key issues for companies...more

White & Case LLP

Resilience and reform: Hong Kong adapts to change

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Global IPO markets endured a difficult 2023 in the face of rising interest rates and geopolitical uncertainty. But after a challenging 12 months, the outlook for IPO activity in 2024 is brightening This past year has been one...more

Cozen O'Connor

16 AGs Caution SEC Over SHEIN's Potential IPO and Alleged Business Practices

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Montana AG Austin Knudsen, joined by AGs from 15 other states, sent a letter to the SEC voicing concern regarding the possible Initial Public Offering of SHEIN, a fast-fashion retail giant affiliated with China....more

Conyers

Corporate Digest: Notable Deals and Transactions - March 2023

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This digest outlines some of the significant legal work undertaken by Conyers on behalf of our clients around the world since the beginning of 2022. The year was challenging for many of our clients, with global uncertainty...more

Harris Beach PLLC

E.V. Manufacturer Cruises to Victory on Appeal with Specific, Robust Disclosures

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New York’s Appellate Division, First Department recently affirmed dismissal, with prejudice, of a securities class action lawsuit against Chinese electric vehicle manufacturer NIO, Inc. The suit, captioned Donlon v. NIO,...more

Skadden, Arps, Slate, Meagher & Flom LLP

HKEX Initiatives Present Opportunities Even in a Down Market

Like other global financial centers, Hong Kong has seen falling IPO volumes and volatile markets in 2022 in the face of challenging macroeconomic conditions and rising geopolitical tensions, including between China and the...more

Goodwin

FINRA, Nasdaq, and NYSE Warn Firms of Pump-and-Dump Schemes Following IPOs of Small-Cap Issuers

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FINRA, Nasdaq, and NYSE published separate notices to alert their members about recent observations related to initial public offerings (IPOs) for certain small capitalization (small-cap) issuers listed on US stock exchanges...more

White & Case LLP

The HFCAA and Consequences for US-listed China-based companies

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In December 2020, then-US president Donald J. Trump signed into law the Holding Foreign Companies Accountable Act (the "HFCAA"). This law is just one measure, among many, that have been promulgated by legislative and...more

Womble Bond Dickinson

China’s Foreign Investment Law and Updated Investment Negative List: New Opportunities for Foreign Investment in China

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Foreign investment into China is governed by the new Chinese Foreign Investment Law ("Foreign Investment Law "), as well as its Implementing Rules ("Implementing Rules"), which took effect on January 1, 2020. A key feature of...more

WilmerHale

China’s New Negative List for Foreign Direct Investment

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On December 27, 2021, the National Development and Reform Commission (“NDRC”) and the Ministry of Commerce jointly issued the Special Administrative Measures (Negative List) for Foreign Investment Access (2021 Edition)...more

White & Case LLP

SEC Posts Sample Letter to China-Based Companies, Amid a Stalled Process for SEC Clearance of their Offerings

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On December 20, 2021, the SEC's Division of Corporation Finance (the "Division") posted an illustrative letter containing sample comments that the Division may issue to companies based in, or with the majority of their...more

Alston & Bird

Securities Class Actions Filed Against Three Chinese Tech Titans After Announcement of Cyber-Related Investigations

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In early July, investigations by a Chinese cybersecurity regulatory agency, the Cyberspace Administration of China (“CAC”), into at least three China-based technology companies—DiDi Global Inc. (“DiDi”), Full Truck Alliance...more

Robins Kaplan LLP

Financial Daily Dose 5.5.2021 | Top Story: Yellen’s Interest Rate Comments Roil Markets, Prompt Clarification

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Treasury Secretary Yellen perhaps inadvertently dipped back into Fed Chair mode for a bit on Tuesday, acknowledging that some movement in interest rates may be necessary to “keep the economy from overheating given the large...more

Robins Kaplan LLP

Financial Daily Dose 4.21.2021 | Top Story: The Success of Upstart Rivals (and Vaccines) Hits Netflix Hard

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The latest round of quarterly results from Netflix shows that while the grand-daddy of streaming “still rules” that universe, a combination of upstart and old-guard rivals “have cut into Netflix’s share of viewers’...more

Robins Kaplan LLP

Financial Daily Dose 4.20.2021 | Top Story: Deadly Weekend Tesla Crash Prompts Federal Probe of Self-Driving Tech

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A fiery, deadly Tesla crash outside of Houston over the weekend is prompting a federal probe of the company’s self-driving autonomous mode for “potential gaps in self-driving car technology.” ...more

Robins Kaplan LLP

Financial Daily Dose 4.9.2021 | Top Story: CV Amazon Leading in Early Alabama Warehouse Union-Vote Tally

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Most eyes in the labor world are on Birmingham, Alabama, where the NLRB is hand-counting the 3215 ballots cast by workers in Amazon’s Bessemer, AL warehouse on whether to unionize. Though results could be released later...more

Robins Kaplan LLP

Financial Daily Dose 3.8.2021 | Top Story: Senate Passes $1.9 Trillion Covid Relief Bill

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The Senate passed its version of President Biden’s $1.9 trillion Covid stimulus bill this weekend “after a grueling 27-hour session” that featured “the longest vote in modern Senate history.” ...more

Robins Kaplan LLP

Financial Daily Dose 2.18.2021 | Top Story: Google Caves to New Aussie Law, Will Pay for Shared News Content Down Under

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Your Big Tech vs. Australia update: after raising a “well, then, no search engine for you” fuss in response to the country’s proposed law requiring tech giants to “pay news organizations for the news articles that are shared...more

Robins Kaplan LLP

Financial Daily Dose 2.11.2021 | Top Story: Fed Chair Powell Urges Focus on Restoring Full Employment

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In a much-anticipated [well, for some of us central bank nerds, at least] to the Economic Club of NY, Fed Chair Powell on Wednesday acknowledged that pent-up consumer demand unlocked by a big government stimulus package could...more

Skadden, Arps, Slate, Meagher & Flom LLP

Hong Kong’s Exchange Improves Its Allure for Chinese Issuers

Despite the impact of COVID-19 and other recent developments in Hong Kong, the city’s role as a center for China-based companies to raise capital became even more important in 2020. The momentum of several trends that began...more

Robins Kaplan LLP

Financial Daily Dose 11.23.2020 | Top Story: Pandemic and Global Economy Dominate Virtual G-20 Meeting

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The G-20 held a virtual summit this weekend, and discussions about taming the pandemic and addressing “the global economic damage it has wrought dominated” the meeting....more

Robins Kaplan LLP

Financial Daily Dose 11.17.2020 | Top Story: Monday Markets Surge on Moderna Vaccine Success

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As we thought, stocks rallied on Monday thanks to Moderna’s news of promising results for its Covid-19 vaccine, with the Dow and S&P 500 hitting new record highs....more

Robins Kaplan LLP

Financial Daily Dose 11.13.2020 | Top Story: US Jobless Claims Fall Slightly, But Central Bankers Warn Against Complacency

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Thursday’s unemployment figures showed technically falling claims (down to 723,000 new claims for state benefits) but “remained above records set in previous recessions,” as the number of “laid-off and furloughed workers...more

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