Latham & Watkins Advises on CaoCao’s HK$1.85B Hong Kong IPO
Latham & Watkins Advises on CaoCao’s HK$1.85B Hong Kong IPO. Latham & Watkins has advised the joint sponsors and underwriters in connection with CaoCao Inc.’s successful listing on the Hong Kong Stock Exchange. CaoCao, a prominent ride-hailing platform in China, was originally developed by Geely Group, the well-known automotive company behind brands like Volvo and […]
Linklaters Advises on HK$7.75 Billion Bond Deal for Sinopec Group
Linklaters Advises on HK$7.75 Billion Bond Deal for Sinopec Group. Linklaters has advised the sole lead manager on the HK$7.75 billion exchangeable bond issuance by China Petrochemical Corporation (Sinopec Group), one of the largest such offerings by a Chinese issuer in recent years. The bonds, listed on the Hong Kong Stock Exchange, are exchangeable into […]
Clifford Chance Advises on Auntea Jenny’s Hong Kong IPO
Clifford Chance Advises on Auntea Jenny’s Hong Kong IPO. Global law firm Clifford Chance has played a key role in the initial public offering (IPO) of Auntea Jenny (Shanghai) Industrial Co., Ltd., a major player in China’s booming freshly-made tea beverage market. The company’s shares began trading this week on the Main Board of the […]
Apple Moves iPhone and iPad Production to India Due to Trump’s Tariffs
Apple Moves iPhone and iPad Production to India Due to Trump’s Tariffs Apple has begun producing most iPhones for U.S. customers in India and moving iPad manufacturing to Vietnam. The decision aims to shield American buyers from steep price hikes caused by ongoing tariffs on goods from China. For years, Apple leaned heavily on Chinese […]
Ohio Moves to Ban Property Ownership by China and Russia
Ohio Moves to Ban Property Ownership by China and Russia. Ohio lawmakers recently proposed legislation to limit property ownership by foreign entities from China, Russia, and other countries identified as adversaries by the U.S. government. This effort is part of a broader national push, with similar proposals appearing in 37 states to protect local communities […]
Clifford Chance Advises PSBC and CCB on RMB235 Billion A-Share Issuances
Clifford Chance Advises PSBC and CCB on RMB235 Billion A-Share Issuances. Clifford Chance has advised the Postal Savings Bank of China (PSBC) and China Construction Bank (CCB) through two major A-share issuances set to raise up to RMB235 billion (US$32.4 billion) in total. PSBC plans to raise up to RMB130 billion (US$17.9 billion), with strong […]
Bayern Munich Player Guo Jiaxuan Dies After Training Injury
Bayern Munich Player Guo Jiaxuan Dies After Training Injury. Bayern Munich has confirmed the tragic death of 18-year-old Guo Jiaxuan following a devastating accident during a training match in Spain. The young defender, who was part of the club’s World Squad, passed away after sustaining a serious head injury during the February match. A Tragic […]
Dentons Advises Weifang Guokong on Successful CNY 481M Bond Issue
Dentons Advises Weifang Guokong on Successful CNY 481M Bond Issue. Dentons Hong Kong recently advised as international counsel to the placing agents for Weifang Guokong Development Group Co., Ltd. on the successful issuance of CNY 481,000,000 in bonds. The bonds, which have a 6.9% coupon rate and are due in 2027, are now listed on […]
Linklaters Advises RoboSense on HK$1B Share Placing for Growth
Linklaters Advises RoboSense on HK$1B Share Placing for Growth. Linklaters has advised RoboSense Technology Co., Ltd (RoboSense) on the successful completion of a HK$1 billion placing of new shares. This strategic equity financing aims to support the company’s continued growth and development. Purpose of the HK$1B Fundraising RoboSense will use the proceeds from this placing […]
“Careless People” Memoir by Sarah Wynn-Williams Alleges Facebook Misconduct
“Careless People” Memoir by Sarah Wynn-Williams Alleges Facebook Misconduct. In her upcoming memoir Careless People, former Facebook executive Sarah Wynn-Williams reveals serious allegations against the company, including claims of sexual harassment, retaliation, and misleading statements about Facebook’s relationship with China. Wynn-Williams, who served as the director of global public policy at Facebook, alleges that after […]
Beijing Makes AI Education Mandatory for Students
Beijing Makes AI Education Compulsory for Students Starting This Fall. Beijing is taking a major step towards digital literacy by making AI education mandatory for all students. Beginning this fall, schools in the Chinese capital will be required to provide at least eight hours of AI instruction per academic year. The new initiative, announced by […]
Taylor Wessing Expands with New Shenzhen Office
Taylor Wessing Expands with New Shenzhen Office. Taylor Wessing is strategically realigning its operations in China to better align with the country’s dynamic economic growth, particularly in the high-tech sector. The firm is moving its Shanghai office to new premises, strengthening its role as a competence center for inbound business. The Shanghai office has been […]