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Tag: Capital markets

Income indicators and risks for pharma IPOs

By Zhang Nan, W&H Law Firm

How income indicators and sales expenses impact risks in pharmaceutical IPOs under regulatory scrutiny

Oishika Dasgupta rejoins CAM, boosts capital markets team

Oishika Dasgupta returns to CAM as capital markets partner in Mumbai

DaHui hires private equity partner in corporate boost

DaHui Lawyers adds PE partner Jason Song to its Shanghai team

Jia Yuan adds four to boost cross-border financing team

Jia Yuan adds 4 capital markets lawyers in HK & Beijing to expand its cross-border finance team

Linklaters leads HK’s first IFC social bond issuance

Linklaters advised IFC on Hong Kong’s first HKD5B public social bond issuance

CATL’s HKD35.7bn HKEX debut reignites HK global IPO ambitions

CATL raised HKD35.7 billion in its Hong Kong debut, marking the city’s largest IPO in four years and accelerating the company’s global expansion

CATL’s HKD35.7bn HKEX debut reignites HK global IPO ambitions

China’s CATL raised HKD35.7 billion in Hong Kong’s largest IPO in four years, boosting its global expansion and the city’s fundraising stature

Wilson Sonsini adds partner in HK capital markets boost

Wilson Sonsini hires Chu Yang as corporate partner in Hong Kong to bolster its Asian team after recent departures

K&L Gates lands Greater China IPO expert in practice boost

K&L Gates hires Greater China IPO expert Janney Chong in Hong Kong

Hong Kong’s Eric Chow & Co hires capital markets specialist

Eric Chow & Co. has hired capital markets specialist Liu Kung-wei as a partner

Shashwat Tewary moves to Cooley as partner in Singapore

Shashwat Tewary has joined Cooley’s Singapore office as a capital markets partner, bringing 16 years of regional experience

Cooley adds partner in Singapore amid Indian IPO push

Cooley has hired Shashwat Tewary from Sidley Austin as a partner in Singapore, boosting their Indian and Southeast Asian capital markets expertise

Global Law hires four partners in multiple China offices

GLO hires four new partners in Chengdu, Shanghai, Shenzhen & Beijing, boosting regional and practice capabilities

Baker McKenzie FenXun hires 4 Wilson Sonsini experts in China

Baker McKenzie FenXun hires four Wilson Sonsini experts for its Greater China team

Sullivan, Clifford Chance steer ENN Energy’s HK privatisation

Sullivan & Cromwell and Clifford Chance advise on ENN Energy’s USD11.6B privatisation, involving H shares, HKEX delisting, and regulatory compliance

Baker empowers capital markets with Singapore specialist

Baker McKenzie hires capital markets expert Alexander Stathopoulos

Pillsbury solidifies HK practice with new hire

Pillsbury’s HK office became a solicitors’ firm on 13 March and hired capital markets partner Samuel Ng that month

Bharucha & Partners inducts four equity partners

Bharucha & Partners appointed Vishnu Dutt U, Kaushik Moitra, Sneha Jaisingh, and Swathi Girimaji as equity partners

Wilson Sonsini latest US firm to shut down in Beijing

Wilson Sonsini, based in Silicon Valley, confirms closing its Beijing office after deciding not to renew its lease

Analysis of the two-step de-SPAC structure

By Hu Zhemin, Joint-Win Partners

SPACs are transforming markets, reshaping IPOs, and driving bold investments with their innovative structure and growth potential

Jones Day recruits two capital markets specialists

Jones Day expands its financial markets team, adding partner Kong Ming and counsel Dominic Sze to its Hong Kong branch

IP investigations in IPO due diligence

By Zhang Hanguo and Qiao Chuanlin, Grandway Law Offices 

Overseas investments by MFs – Will the RBI blink?

By Yogesh Chande, Shardul Amarchand Mangaldas & Co

Investors favor local assets over global ones, showing home bias

Ankur Loona, 10 lawyers head to Dentons Link Legal in Mumbai

Ankur Loona and his team of 10 lawyers have joined Dentons Link Legal’s capital markets practice in Mumbai

Timothy Franklyn takes over as deputy MP at Fox & Mandal

Timothy Franklyn has joined Fox & Mandal as deputy managing partner and capital markets head in Bengaluru

Appointing DSOs under the new Company Law

By Li Zhiyong, Grandway Law Offices

Advancements in Capital Markets Law

Discover key advancements in capital markets law in Taiwan and Hong Kong

Latest developments in Hong Kong capital markets space

By Stephen Luo and Stella Yeung, Jingtian & Gongcheng

Building a fund-friendly ecosystem for Taiwan startups

By James Hsiao and Iting Huang, Dentons

Wealth management in India: SEBI’s bottom-up approach to investment

By Inder Mohan Singh and Suraj Meher, Shardul Amarchand Mangaldas & Co

The Securities and Exchange Board of India’s (SEBI) decision to introduce a new asset class within the mutual fund framework

The A-List 2024-25

Based on insights from in-house counsel and top business leaders, India Business Law Journal celebrates India’s most popular lawyers making the A-List

Defining scope of bona fide counterparties under new Company Law

By Pan Junhui and Jian Yiqian, Grandway Law Offices

Hylands boosts Beijing office with three new partners

Hylands boosts its Beijing office with new partners Liu Xinlei, Luo Bing, and Liu Fei

Cross-border share swaps home and free

By Manish Gupta, Rashi Singh and Ananya Vajpey, Shardul Amarchand Mangaldas & Co

The Ministry of Finance amended the Foreign Exchange Management (Non-Debt Instrument) Rules, 2019, in August 2024 to boost foreign direct investment    

Kaushik Mukherjee makes equity partner at IndusLaw

Kaushik Mukherjee has joined IndusLaw as an equity partner in the capital markets practice, based in Mumbai

Han Kun NY adds capital markets partner 

Han Kun Law Offices has added partner Steve Lin to enhance its capital markets team

Wei Tu hires new Shanghai managing partner

Simon Chen is the new managing partner of Wei Tu's Shanghai branch

Devising liabilities for equity repurchase

By Chai Xueying, Grandway Law Offices

Quartet steers USD3.3bn Hyundai India IPO

Shardul Amarchand, Latham & Watkins, White & Case, and Cyril Amarchand advised on Hyundai Motor India’s USD3.3 billion IPO

Quartet acts on landmark USD3.3bn Hyundai India IPO

Hyundai Motor India's $3.3 billion IPO is the largest in India, marking its first listing outside South Korea

Trio acts on HSBC HKD1 bn digital bond issuance

HSBC issued Hong Kong's first private digital bond for HKD1 billion

Stephenson Harwood counsels PDS on USD51 million QIP

Stephenson Harwood advised PDS on the UAE aspects of its INR4.3 billion (USD51 million) qualified institutional placement on Indian markets

Jia Yuan secures capital markets team from A&O Shearman

Jia Yuan added 10 from A&O Shearman, led by Wanda Woo, and partners Daisy Qi and Wang Tiantian

Wintell expands to Singapore in lift for Southeast Asia ties

Wintell & Co is opening its first overseas branch in Singapore to expand its legal practices

Tilleke & Gibbins adds tax, capital market talent in Bangkok

Tilleke & Gibbins hires Pootranon and Krailadsiri for Bangkok capital markets and tax

New Company Law’s impact on joint-stock company transition

By Zhang Ying and Liang Jing, Grandway Law Offices

Navigating the minefield of investor repurchase rights

By Zhu Qimin and Yin Shi, Han Kun Law Offices

Trilegal, S&R act on PN Gadgil Jewellers’ USD132m IPO

PN Gadgil, a fast-growing Indian jewelry brand, launched its IPO on September 17 on the NSE

Shin & Kim adds financial regulatory expert

Shin & Kim bolstered its financial regulatory team by adding new partner Seongkoo Cheong, a South Korean derivatives regulations expert

Jingtian & Gongcheng recruits partners in MoFo Asia shake-up

Vivian Yiu joined as a partner, and Huang Ke became a foreign registered lawyer at the same office

Global Law expands with hiring of quartet

Global Law Office has added partners Ryan Ren, Yan Shiye, Cai Ying, and Le Yuxin

Proceed with caution

China's capital market faces tighter regulation, fewer new listings, and renewed interest in key international markets

Linklaters, CAM advises on Piramal Capital’s USD300m notes

Linklaters and CAM advised on Piramal Capital's debut USD300m senior sustainability notes due in 2028, marking its first overseas bond

Han Kun hires capital markets specialist for New York office

Han Kun Law Offices has brought on Wang Yu, a seasoned capital markets expert, as a partner at its New York office

Virtus Law adds partner amid emerging tech opportunities 

Stephenson Harwood's Singapore alliance firm, Virtus Law, appoints partner Eunice Yao to bolster expertise in capital markets, M&A, and fintech

ARKO recruits finance expert, IHFP co-founder Dani Indrawan

Dani Indrawan has joined ARKO Law as a partner, enhancing its banking and finance practice

Company Law brings new classified share system to M&A

By Yang Jie and Jiao Yufan, Grandway Law Offices

Burgeon Law adds pair to diversify practice areas

Burgeon Law has secured the addition of Ketan Mukhija as a senior partner and Abhinav Agnihotri as a partner from Dentons Link Legal

SEBI amends capital and disclosure requirements

The Securities and Exchange Board of India (SEBI) has published amendments to the SEBI

SEBI approves rules on FPI participation

The Securities and Exchange Board of India (SEBI), in a on 30 April 2024, has approved a new regulatory framework

Determining horizontal competition and defining relevant markets

By Huqi and Fu Hanbing, Grandway Law Offices

Process eased for GIFT City investment schemes

The IFSCA has announced significant changes aimed at simplifying the process for financial companies

SEBI initiates same-day stock settlement trial

The Securities and Exchange Board of India (SEBI) has given the green light for the trial launch of the optional T+0 settlement

Strategies to tackle non-compliant overseas investment procedures

By Guo Xin, Xie Aqiang, and Zhu Zhu, Grandway Law Offices

Challenges in reducing subscribed registered capital

By Zhao Xun and Guo Kaihang, Grandway Law Offices

Haiwen helps Sinopec complete RMB12bn private placement

Haiwen & Partners advises Sinopec on RMB12 billion A-share private placement, led by domestic and Hong Kong partners

Retroactive voiding of VAM clauses in IPO process

By Li Ling and Wu Jinfeng, Grandway Law Offices

Unlocking power of equity governance for listing companies

By Zhao Xun, Grandway Law Offices 

Path of proof in cases of corporate surplus distribution

By Pan Dingchun and Shui Zhenyu, Ronly & Tenwen Partners

Proposal review: When shareholders and directors collide

By Wang Yuanyuan and Shi Cheng, Grandway Law Offices 

SEBI mandates reporting of demised investors

SEBI has mandated the reporting of investor demise by market participants and introduced a centralised reporting mechanism through know your customer (KYC) registration agencies

Zhonglun W&D welcomes two partners to boost services

Zhonglun W&D Law Firm adds partners Chen Xirong and Shaw Liu, boosting practice areas: financing, investments, capital markets, and dispute resolution

Delisting Roadblock?

SEBI’s fixed-price mechanism to face challenges as the 90% delisting threshold remains for companies

Concerns rise on proposed GEM reforms in wake of SPAC’s footsteps

Following stagnation on the GEM, the HKEX is seeking to revitalise its second board but there are concerns the revamp will crimp rather than promote activity as has occurred after the SPAC reforms

SMART ODR portal launches

The Securities and Exchange Board of India (SEBI) has introduced an online dispute resolution system to ease dispute settlements in the Indian securities market

SEBI bars Zee promoters from management

SAT is dissatisfied with SEBI's order on Punit Goenka, ex-MD of Zee, barring him from key managerial positions in the group

Mandatory verification of market rumours

India’s top listed companies must investigate and correct market rumours within hours under new rules from the SEBI

Syndia Liu to boost Chance Bridge’s capital markets in Shanghai

Syndia Liu, formerly a partner at DHH Law Firm, has joined Chance Bridge Partners to become a partner in its Shanghai capital markets practice

Power moves

Partners at Chinese and international law firms analyse changes under the new registration-based listing regime as the momentum shifts on going public

Zhonglun W&D hires six partners to boost Beijing office

Zhonglun W&D Law Firm has hired six partners to join the Beijing office, strengthening its criminal defence, capital markets, corporate and intellectual property sectors

Proposal to shorten IPO listing timelines

SEBI proposes shorter IPO listing timelines in India, benefiting issuers and investors with streamlined processes and timely scrutiny

Regulating RE fractional ownership platforms

The SEBI is planning its next steps on proposed regulation for web-based platforms that offer fractional ownership of real estate assets

Capital markets specialist joins Zhong Lun as equity partner

Zhong Lun Law Firm adds equity partner Wen Ye to the Shanghai office, strengthening its capital markets, M&A and financing sectors

Data compliance in domestic listings

By Wang Yan and Fu Mengyang, Grandway Law Offices 

Amman Mineral IPO signals Indonesia’s vibrant capital markets

Milbank, Sidley Austin, and Indonesia’s Hiswara Bunjamin & Tandjung, an associate firm of Herbert Smith Freehills, advised on copper and gold mining company

Jingtian & Gongcheng hires two capital markets partners

Jingtian & Gongcheng hires two partners, Zhang Han and Guo Lei, to bolster its capital markets practice in three offices

Haiwen welcomes three partners to boost capital markets in HK

Haiwen & Partners hires three partners Tom Chau, Wang Zhong and Isaac Chen from Herbert Smith Freehills to strengthen its practice in Hong Kong capital markets practice

SEBI strengthening governance and protecting minority shareholders

By Abhishek Guha and Amrita Ghosh, Shardul Amarchand Mangaldas & Co

Lifang adds partner in Beijing to bolster capital markets

Lifang & Partners hired Jiang Shengyang as a partner in the firm’s Beijing office to strengthen its securities and capital markets practice

AllBright initiates local practice in Hong Kong

AllBright Law Offices has been given approval from the Law Society of Hong Kong to establish a local practice in the firm’s second overseas office to open this year, with its Tokyo branch having started operations in March

Han Kun lands in Singapore, opening first office outside China

Han Kun Law Offices has set up in Singapore, the firm’s first branch outside China and the second overseas premises after its Hong Kong arm qualified to practice in November last year

SEBI completes rollout of XBRL format for IPOs

The Securities and Exchange Board of India (SEBI) has completed a new measure aimed at implementing the XBRL format for filing IPO papers and securities issues

Key focus in IPO reviews for photovoltaic industry

By Zhou Tao and Zhao Yao, Grandway Law Offices

Norton Rose’s HK capital markets lawyer heads to Eric Chow & Co

Hong Kong-based capital markets lawyer Terence Lau has left Norton Rose Fulbright after more than seven years of partnership to join Eric Chow & Co, in association with Chinese law firm Commerce & Finance Law Offices, as a consultant

Rahul Chatterji joins Linklaters, bolsters Asian banking practice

Linklaters hires Rahul Chatterji as a partner to strengthen its Asia banking practice, particularly its leveraged finance capabilities

FPI onboarding process expedited

The SEBI has permitted authorised bank officials to use the Swift mechanism for certification of copies of original documents submitted by foreign portfolio investors (FPIs)

SEBI’s buyback regulations streamlined

The SEBI has announced amendments to its Buy-Back Regulations with the aim of streamlining the process of buyback, promoting ease of doing business, and creating a level playing field for investors

SEBI introduces ISD to boost stakeholder awareness

In a move towards creating greater transparency, the SEBI issued a circular announcing the introduction of the issue summary document (ISD) and the dissemination of issue advertisements

Disclosure obligations, compliance of listed companies in M&A

By Liu Huaying and Xu Chen, Grandway Law Offices

Taiwan’s top 100 lawyers 2023

Following an extensive nomination process, Asia Business Law Journal unveils the top performers of Taiwan’s legal profession

Legal firms step up the game with scores of promotions

Multiple firms have announced the advancement of talent among their various practice groups during April when annual promotions are made for the new fiscal year

Six law firms act on Bitdeer’s Nasdaq SPAC listing

Six firms assisted crypto miner Bitdeer Technologies Holding on its Nasdaq listing after closing a merger with blank cheque company Blue Safari Acquisition at a valuation of USD1.18 billion

Baker McKenzie hires Hong Kong capital markets partner

Baker McKenzie has bolstered its capital markets practice in Hong Kong with the addition of partner Chen Sheng, who previously practised at Clifford Chance

Domestic application and risk control of the Bolar exception

By Hu Qi and Gong Manyun, Grandway Law Offices

SEBI permits 39 entities to use e-KYC Aadhaar services

SEBI recently listed 39 entities to use the e-KYC Aadhaar authentication services in the securities market as a sub-KYC (know your customer) user agency, under the Prevention of Money Laundering Act, 2002

New governance norms for trusts

The Securities and Exchange Board of India (SEBI) has announced governance norms for REITs and InvITs, in line with those for listed companies. It follows the board’s approval of the concept in December

Intermediaries accountable for laundering, terrorism financing

SEBI has issued a circular stating that intermediaries – including brokers, mutual funds and portfolio managers – can be held accountable for any fraudulent activities committed by their clients

What’s ahead?

We gathered opinions from legal professionals on their hopes and plans for this year, and what they have done to survive the past tumultuous years

SEBI cuts time for listing debt securities

To expedite the trading of securities by investors, the SEBI has stipulated a three working day (T+3) timeline for listing of debt securities issued

Harneys bolsters corporate team in Hong Kong with partner hire

Harneys has enlarged its two-partner corporate team with the hiring of Alan Au for its Hong Kong office

Han Kun adds Tian Yuan’s SH managing partner to boost capital markets

Tian Yuan Law Firm’s Shanghai-based managing partner Xu Ping has moved to Han Kun Law Offices to strengthen the latter’s capital markets capability

A comparison of capital markets regulations

As China and India accelerate their ambitions to be dominant economies in the next decade, their financial market regimes have evolved to encourage company expansions and fundraisings

A comparison of capital markets regulations: India

By Sanjay Asher, Viplaw Kashyap, and Aayush Virani, Crawford Bayley & Co

A comparison of capital markets regulations: China

By Zhu Ning, Xu Guangzhe, and Lin Min, Chance Bridge Law Firm

Walkers’ capital markets specialist takes new role in Dubai firm

Walkers’ corporate lawyer Jo Lit has moved from Hong Kong to Dubai to join independent law firm Ibrahim & Partners as a partner in the capital markets and M&A practice and to head the China desk

Procedure for compulsory liquidation of partnership PE funds

By Zhu Rui and Qin Yu, Grandway Law Offices

Jumping ship

Disruption fuelled by global uncertainty has pervaded the dynamics of the legal workforce, with lawyers across Asia not hesitating to seek out new positions

Transforming S&T achievements into companies for domestic listing

By Wang Yan and Zhao Lihua, Grandway Law Offices

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