CITIC news

The dotcom collapse did IT law a big favour it purged from the sector those firms lacking commitment. And with only the real experts remaining, that's good news for clients

Competition is fierce among New Zealand law firms and there is talk of a shake out. But the local firms are finding new ways to increase their market share - and are more than holding their own

Jun He Law Offices has made two further lateral hires at partner level since the New Year.

Simmons & Simmons has advised CITIC Resources Holdings Limited on its purchase from CITIC Australia Pty Limited of the entire share capital of two of its wholly owned subsidiaries, CITIC Resources Australia Pty Limited and CITIC Portland Surety Pty Limited.

Weil Gotshal & Manges has finally bitten the bullet and opened an office in China, incurring a level of investment in the region it had previously refused to incur since first arriving in Asia in 2000.

In a first since changes were made to securities law in China, Baker & McKenzie has advised investment bank CITIC Capital Markets on its agreement for the HK$375m disposal of a portion of its businesses to CITIC Securities.

Slaughter and May has advised Swire Pacific and Cathay Pacific Airways on the restructuring of the shareholdings in Cathay and Hong Kong Dragon Airlines and Cathay's subscription for additional H shares in Air China.

Though many are already long established in Asia, more and more French firms are starting to cast their eyes East in an effort to become 'international'

And the finalists are...
It's that time of year again. Now in its fifth year, the ALB Hong Kong Law Awards is back and promises to be bigger and better than ever in 2006. The following pages document the official finalists - and potential winners - of this year's awards

Hong Kong-listed CITIC Resources has enlisted the help of Herbert Smith-associated firm Hiswara Bunjamin & Tandjung (HBT) for its first oil sector acquisition in Indonesia, as it further diversifies its business in the global energy sector.

Just as Freshfields announced the firm had finally wound up its Singapore office to concentrate on the China market, the head of Freshfields' China practice, Doug Markel, has left to head up the newly minted Beijing office of US competitor Simpson Thacher & Bartlett.

The Asian operations of DLA Piper are being revamped, with the firm's announcement of a change of leadership, two key capital market lateral hires and the internal promotion of an insurance specialist.

The Asian operations of DLA Piper are being revamped, with the firm's announcement of a change of leadership, two key capital market lateral hires and the internal promotion of an insurance specialist.

Magic Circle firm Slaughter and May has announced plans to apply for a licence to set up an office in Beijing and co-locate with two of its “best friend” firms.

Gide Loyrette Nouel and Shanghai firm Llinks have advised famous French vineyard Domaines Baron de Rothschild on its historic investment in China

The US$1.26bn public offering of China Zhongwang has helped China regain its lead in the global IPO market.

A Paul, Weiss team has represented KKR in connection with a series of investments in Ma Anshan Modern Farming.

为了进一步促进和规范山东省境外投资，推动境外投资健康有序发展，山东省对外贸易经济合作厅于2009年5月8日颁布了《关于贯彻落实<境外投资管理办法>有关问题的通知》。

Zhonglun W & D reviews the landmarks in the development of Real Estate Investment Trusts (REITs) in China.

PRC firms, for the first time ever, have topped the Asia-Pacific (ex Japan) M&A legal advisory league table.