Uncategorized

Today I would like to introduce the theme of the “share swaps” as it represents a new way to acquire a listed company in China. This new method of acquisition was introduced by the M&A Regulations 2006 (available at the following web-site: http://english.mofcom.gov.cn/aarticle/policyrelease/domesticpolicy/200610/20061003434565.html ). Share Swaps : The New Method to Acquire a Domestic Enterprise …

Share Swaps: The New Method to Acquire a Domestic Enterprise (DE) Read More »

Today this entry is about “ Obligation of Disclosure of Substantial Shareholdings” in a takeover bid for a listed company. This is a very important topic regulated in the Takeovers Code. (The Takeovers Code, is available at the following web-site: http://www.csrc.gov.cn/pub/csrc_en/laws/overRule/Decrees/200910/t20091028_166902.htm ). Obligation of Disclosure of Substantial Shareholdings Information disclosure about ownership of listed companies …

Obligation of Disclosure of Substantial Shareholdings in a Takeover bid Read More »

The Lehman, Lee & Xu Law Firm is proud to announce they have been selected by the Embassy of Brunei Darussalam, (Liangmaqiao Beijie, Chaoyang District, Beijing) on May 23, 2013 as their official Legal Counsel. Mr. Edward Lehman, Managing director of Lehman, Lee & Xu, has been appointed as Legal Counsel for the Embassy of …

Edward E. Lehman and Lehman, Lee & Xu Law Firm appointed as Official Legal Counsel of the Brunei Embassy Read More »

Everyone loves bacon, ham, pork chops and so much more from our friend the pig. With the rise in individual income in China, the Chinese are ready to go whole hog and pork out in China.  In a piece written by Tom Philpott entitled, “Is the US About to Become One Big Factory Farm for …

China to “Pork Out” in the U.S. Read More »

This entry is dedicated to the description of the “tender offer rules” in the process of a takeovers of a listed company. Today I introduce this theme which is to be completed in the next entry about entries “ Obligation of Disclosure of Substantial Shareholdings.” Tender Offer Rules: In conformity with the fairness and openness …

Takeover bid: the tender Offer Rules Read More »

Today I am going to delineate the new takeover regime in China and I will also introduce the characteristics of the Takeovers Code. This in order to better understand the legal framework regulating the takeovers of listed companies. Features of the New “ Takeovers Regime in China ” and Content of the “ Takeovers Code …

Takeovers of listed companies in China and the content of the so called “Takeover Code” (introduction) Read More »

Today this entry is a little bit more technical, in fact having exposed the functioning of the Chinese Bourses , it is now necessary to spend a few words about the practical aspects of buying shares. Buying shares in China: lot size in the different bourses, and permitted gateways. On mainland stock markets, stocks are …

Buying shares in China: lot size in the different bourses, and permitted gateways Read More »

The aim of this entry today is to highlights the functioning of Chinese Stock Exchanges, therefore I am going to expose the main elements investors need to know when entering capital markets. Basic Elements Investors Need to Know about Chinese Stock Exchanges The Shanghai Stock Exchange (SSE, http://english.sse.com.cn/ ) is a membership institution closely monitored …

The characteristics of the Chinese Stock Exchanges Read More »

This entry is intended to offer a panorama of all the elements involved when buying a listed company in one of established Chinese stock markets. There are three stock exchanges in China (if we consider Hong Kong also): (i) Shanghai Stock Exchange ( http://english.sse.com.cn/ ) and (ii) Shenzhen Stock Exchange ( http://www.szse.cn/main/en/ ) are in …

Acquiring a listed company in China: an introduction to Chinese Stock Exchanges Read More »

Today with this entry I return to my favorite topic, namely M&A. Having examined all the forms of investment at the disposal of the foreign investor to establish a presence in China, it is now time to spend some more words on an alternative way to conquer a portion of the Chinese market. Foreign companies …

Establishing a Presence in China by Acquiring a local listed company Read More »