Mergers and Acquisitions

Yang Yuhua of Alliance J&S Law Firm provides an overview of trends in both inbound and outbound investment and analyses the latest decisions on the controversial VIE structure

More labour intensive (manufacture of digital television and energy saving refrigerators) and service sector (development and application of the internet of Things and mobile internet) projects are added to the revised Catalogue.

Simplified procedures and tax policies account for the growing M&A transactions in Taiwan. With high expectations for an increase in PRC capital and proposed amendments to M&A legislation, this trend is bound to continue, but what transaction structures do foreign investors need to comply with?

C Y Huang, Chairman of the Taiwan Mergers & Acquisitions and Private Equity Council (MAPE) spoke to David Tring about the Council's role in assisting cross-strait investments, the deals they have worked on and outlook for relations

Identification of intangible assets clarified for mergers of enterprises not under the same control

Mergers and acquisitions involving material asset reorganisation will be subject to greater scrutiny under new Regulations, which will increase due diligence costs for businesses in China

If, in the process of the CSRC's review of an M&A transaction, the listed company or the transaction counterparty that accounts for 20% or more of the transaction amount is found to have been involved in insider trading, the CSRC will terminate the review process.

The equity of real property enterprises, foreign holding companies, foreign-invested venture capital investment enterprises and foreign-invested private equity enterprises is not allowed to be used for investment in another foreign-invested enterprise.

Chinese outbound investment has grown exponentially in the past two years, but as domestic companies become more ambitious, does Hong Kong still have a role to play?