High Court ruling opens recovery path for Chinese creditors against U.K.-based debtors | Hong Kong considers easing requirements for dual-class share listings | India approves relaxation of restrictions on Chinese investment in certain sectors
European Union proposes “Made in EU” rules for strategic sectors. | SEC rules require FPI directors and officers to disclose holdings and trades. | Supreme People’s Court rules on trade secrets case involving poaching of employees.
In a bid to boost its appeal as a global market for capital raising, the Hong Kong Exchange has announced an accelerated vetting process for many listing applications and is allowing more latitude in retail and institutional allocations. As Paloma Wang and Shimeng Zhang of Skadden write, large-cap issuers may now lower their public float requirements to below their initial listing thresholds
Florida’s Attorney General launches “CHINA Prevention Unit” to protect Floridians’ data | London proposes accepting Chinese auditing standards to attract Shanghai Stock Connect issuers | PE firms struggle to exit their Chinese PE investments amid lower valuations
China intensifies efforts to encourage reporting of overseas income | CSRC considers RMB 30 billion market cap floor for H-share listings | Sony to spin off TV business as a joint venture with China’s TCL.
Tax exemption for foreign bond investors continues.
The EU has reached a provisional deal requiring member states to screen foreign investments and changed its pharmaceutical legislation after over 20 years; and Hong Kong has warned investment banks not to prepare substandard IPO applications.
Shanghai issues typical cases on patient and consumer data leakages. | Some rare earth shipments accelerated following China’s issuance of general export licenses. | China’s securities regulator strengthens rules to combat financial fraud in listed companies
U.S. House panel intensifies scrutiny of Morgan Stanley over IPO linked to Uyghur forced-labor entity. | Three foreign carmakers obtain approval to deploy AI chatbots in cars in China. | Indonesia considers issuing renminbi-denominated bonds amid China’s push against dollarization.
Beijing Municipality considers adopting other negative lists of outbound data transfer programs nationwide | Court rules that AI prompts are not “works” hence not copyright-protected. | U.S. coffee giant shifts to joint venture model amid slowing growth and fierce competition in China.
