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China Law Insight

China Depth, International Expertise

全球反贿赂反腐败纵览:中国篇

Posted in Dispute Resolution

作者:刘海涛 金杜律师事务所争议解决部

liu_harry1. 什么构成贿赂?

《中华人民共和国刑法》(以下简称“中国《刑法》”)将有关贿赂的犯罪行为大致分为两类:涉及国家工作人员(国家机关、国有公司、企业、事业单位、人民团体,以下简称“国家单位”)的贿赂类犯罪和涉及非国家工作人员的贿赂类犯罪。

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10 things you need to know about digital payments

Posted in Global Network

By Patrick Gunning, Kate Jackson-Maynes, Nick Valentine and Charles Davies. King & Wood Mallesons

gunning_pjackson-maynes_k1. The payments mix is increasingly digital…

The use of cash and cheques is diminishing in modern economies. Traditional payment cards are being challenged by digital wallets.

2. Payments systems rely on network infrastructure…

To support many-to-many payments, there must be network infrastructure to which payment service providers have access. Competition amongst service providers should lead to greater choice for users of the payment system.

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金杜助力上影股份成功于上海证券交易所上市

Posted in Uncategorized

作者:金杜律师事务所

2016年8月,上海电影股份有限公司(简称“上影股份”)在金杜律师事务所专业法律团队的协助下,首次公开发行A股股票,并在上海证券交易所主板上市(股票代码:601595)。此次上海股份的发行规模为9,350万股,发行价格为人民币10.19元/股,募集资金为人民币95,276.5万元。该交易是金杜继2015年助力上海门户网站东方网成功挂牌新三板之后,又一具有地域和行业影响力的项目。 Continue Reading

金杜助力光大证券成功赴港H股首发上市/King & Wood Mallesons advises Everbright Securities on its initial public offering of H-shares in Hong Kong

Posted in Uncategorized

作者:金杜律师事务所 King&Wood Mallesons

光大证券股份有限公司(简称“光大证券”)在金杜律师事务所专业法律团队的协助下,成功完成在香港联交所主板发行H股并上市(股票代码:06178),初始发行规模为6.8亿股(行使超额配售权之前),以12.68港元定价,募集资金约86亿港元。该交易不仅在香港国际发售方面认购踊跃,而且获得众多投资者的高度认可;在公开发售方面也受到了市场热烈追捧,获得了1.6倍的超额认购,是今年以来为数不多的获超额认购的项目。

King & Wood Mallesons (KWM) has advised Everbright Securities Co., Ltd. (Everbright Securities) on its initial H-share issuance on the main board of Hong Kong Stock Exchange (Stock code: 06178) . Everbright Securities issued 680 million H shares (before exercising the overallotment option) priced at HK$12.68 per share, raising approximately HK$8.6 billion. In terms of its global offering, the transaction has received high recognition from a number of investors; while it has been warmly welcomed by the market with a 1.6 times oversubscription, making it one of the few issuances that has been oversubscribed this year. Continue Reading

金杜发布丨全球反贿赂反腐败纵览

Posted in Global Network

作者:金杜律师事务所

本期纵览包括对以下地区及国家反贿赂反腐败相关合规概况的介绍:澳大利亚,比利时,澳大利亚,比利时,中国,法国,德国 ,香港,沙特阿拉伯,意大利,新加坡,西班牙,阿联酋和英国。

微信“金杜说法”日后将陆续推出各个国别及地区的反贿赂反腐败介绍。 Continue Reading

金杜周昕律师荣获《亚洲法律杂志》2016年第二个重量级奖项——“中国客户首选律师20强”

Posted in Uncategorized

作者:金杜律师事务所

在《亚洲法律杂志》最新公布的2016年“中国客户首选律师20强”榜单中,金杜律师事务所合伙人周昕律师以其在银行与融资领域杰出的业务能力,赢得众多客户赞誉而跻身该榜单。《亚洲法律杂志》的该项评选通过网络调查,收集了来自公司法务人员,管理人员或第三方商业顾问数百份的调查反馈,最终评选出20位优秀律师代表。

King & Wood Mallesons (KWM) partner Stanley Zhou was named one of the 2016 China Client Choice Top 20 Lawyers by Asian Legal Business (ALB) for his excellent capability in banking and finance and wide recognition from the clients. ALB’s research team selected China’s Top 20 lawyers based on hundreds of online survey results from in-house legal counsel or managers/executives at a non-legal enterprise, or business consultants of third parties. Continue Reading

中国制造?为尼日利亚的基础设施融资

Posted in Global Network

作者:James DouglassGreg Stonefield、Barri Mendelsohn和Francis Iyayi  金杜律师事务所伦敦办公室

douglass_jstonefield_g据报道,在未来五年里,尼日利亚需要1,660亿美元,以便为其不断增长的人口提供能源和基础设施。作为非洲最大的经济体,尼日利亚的能源和基础设施需求随着人口的增长与日俱增。因此,对支持该等基础设施项目投资的可行融资解决方案的需求也在日益增长。根据非洲开发银行的统计,尼日利亚的基础设施赤字达3,000亿美元。事实上,尼日利亚整个基础设施开支(相应也就是融资需求)预计将从2013年的230亿美元上升至2025年的770亿美元。

融资将来源于何处?尼日利亚最近以其颇具雄心的基础设施计划吸引了中国的资金和技术支持。本文将讨论中国投资的角色和意义,以及与中国基础设施融资交易典型架构方式相关的重要趋势。

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Made in China? Financing Nigeria’s infrastructure

Posted in Global Network

By James Douglass, Greg Stonefield, Barri Mendelsohn and Francis Iyayi. King & Wood Mallesons’ London office.

douglass_jFstonefield_gor the next five years, Nigeria is reported to require US$166 billion to provide energy and infrastructure for its growing population. Demand for energy and infrastructure in Nigeria, Africa’s largest economy, is ever increasing as its population grows. Consequently, so has the demand for viable financing solutions to support investment in such infrastructure projects, which according to the African Development Bank has an infrastructure deficit of US$300 billion. In fact, overall infrastructure spending (and in turn demand for financing) in Nigeria is expected to grow from US$23 billion in 2013 to US$77 billion in 2025.

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那些年我在京城住过的地方

Posted in Uncategorized

作者:鲍荣振 金杜律师事务所公司证券部

baorongzhen《学习,才会有诗和远方的田野》的“畅销文”作者鲍荣振律师又有了新作!此篇文章漫谈鲍律师在北京居住过的几个地方,从地名由来到相关名人典故,夹杂名人趣事,也伴随中日文翻译,于用心生活的日常中,感受法律悄然的变更。

一、捕黄鱼?——北京怎么能捕得到黄鱼呢?

上个世纪90年代,我住在蒲黄榆。

那时蒲黄榆是一个典型的劳动人民集中的地方,没有什么有钱人和有名的人。好像只有一个叫汪曾祺的作家。说到汪曾祺,很多人都不知道,但他写的《芦荡火种》应该有很多人知道。这个剧后来成为样板戏之一的《沙家浜》。  Continue Reading

Water rights and trading in Australia

Posted in Global Network

By Debra Townsend and Odette Adams. King & Wood Mallesons

townsend_dWater access rights are core assets for many agribusinesses. In the Australian Water Markets Report 2012-2013, the National Water Commission estimated that the value of water entitlements in the Murray-Darling Basin (MDB) is approximately $13 billion. Trading in water has become commonplace, not only for water users but increasingly for speculators or companies whose core business is not water or land related. With more than a decade of trading under our belt, in this article we look at the benefits and challenges of trading water and what we might expect the regulators to do next.

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