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Additional requirements for Hong Kong listings involving VIE structures

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • China, Hong Kong
  • -
  • January 16 2012

In 2005, the Hong Kong Stock Exchange (“Exchange”) issued a listing decision analyzing whether a listing applicant using the variable interest entity structure (“VIE Structure”) through multiple contractual arrangements (“Control Contracts”) in the conduct of its business in the People’s Republic of China (“PRC”) was suitable for listing in Hong Kong

New regulation on share repurchase by listed companies

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • China
  • -
  • January 20 2009

On October 9, 2008, after a period of public consultation, the China Securities Regulatory Commission (the "CSRC") promulgated the Supplementary Provisions on Share Repurchase through Centralized Price Competition by Listed Company (the "Provisions") to regulate share repurchases through centralized price competition ("Share Repurchases"