ICBC law firm news

Yongheng Partners has seen the legal industry in China develop into one of the most competitive in the world. But as the oldest and most established player in the Jiangsu region, the firm is not content to rest on its laurels. The firm will continue to develop from strength to strength cementing its position as a true leader in the region.

Yongheng Partners has seen the legal industry in China develop into one of the most competitive in the world. But as the oldest and most established player in the Jiangsu region, the firm is not content to rest on its laurels. The firm will continue to develop from strength to strength cementing its position as a true leader in the region.

The head of Davis Polk & Wardwell’s Beijing office will be stepping down from the helm of the US firm this year to launch his political career with Singapore’s largest opposition party – the Worker’s Party – in the upcoming general elections to be held on 7 May 2011.

Norton Rose Group recent mergers with Canadian firm Ogilvy Renault and South African firm Deneys Reitz were, according to the firm’s head of Asia, David Stannard, driven largely by the desire to seize China-Canada-South Africa market share.

诺顿•罗氏为了赢得更多国企在北美和非洲地区的投资并购项目，近日宣布将与加拿大律所Ogilvy Renault和南非律所Deneys Reitz进行合并。

In October, China heard its very first stock manipulation case at the Beijing Second Intermediate People’s Court. Trader Wang Jianzhong, who was detained by police in January last year, has been charged with stock manipulation.

被称作中国首例操纵证券市场案的“汪建中荐股案”，10月２８日在北京市第二中级人民法院公开审理，汪建中因涉嫌操纵证券市场罪被提起公诉。

While PRC banks are ramping up their lending in support of Chinese companies' foreign expansion, acquisitions and trade, PRC law firms are not just waiting around for their time to shine

Outbound acquisitions targeting Canada and the USA are up 81% from the same period last year, reaching US$6.8bn collectively. The energy & resources sector alone accounts for 70% (US$4.8bn) of the activity.

截止目前，国内企业于本年内在美国和加拿大的投资总金额已高达68亿美元，与其年同期相比增长了81%。其中针对能源行业的投资金额就占了总规模的70％， 高达48亿美元。

Sidley Austin, Orrick, Jingtian & Gongcheng, Carey Olsen, Memery Crystal and Zong Heng Law Firm have all won mandates in the first-ever delisting of a Chinese company from London’s AIM (alternative investment market) – and the subsequent listing in Hong Kong with a 144A placement to US investors.

中国西部水泥近日成功在港交所挂牌上市，通过发行IPO集资额12.8亿港元。此次上市亦标着着该公司正式从伦敦AIM退市。

Zhong Lun, Herbert Smith and associated Indonesian firm Hiswara Bunjamin and Tanjung have recently advised ICBC on the world’s first RMB-denominated loan to a non-Chinese telco borrower borrowing offshore.

印尼电信公司PTBakrieTelecom近日已与中国工商银行签署了3亿美元的人民币融资备忘录。中伦，史密夫以印尼Hiswara Bunjamin and Tanjung律师事务所参与了该项目。

The first IPO by a Mainland securities company on the Hong Kong Stock Exchange is indicative of a rising market trend, according to DLA Piper lead partner Esther Leung.

国泰君安国际近日已在香港发行IPO，筹集资金约23亿港元。香港李伟斌律师行协同广东圣天平律师事务所为发行人提供法律意见。欧华为联席保荐人和主承销商的法律顾问。

Sun Zuan and Wang Hong have recently entered into partnership at Yongheng Partners, with Sun becoming the youngest partner in the firm.

永衡昭辉将孙钻律师晋升为合伙人也在近日聘请了曾在江苏圣典律师事务所任执行合伙人的王宏。

Advised by Maples and Calder and Baker & McKenzie, China Overseas Land & Investment has recently established the US$250m Harmony China Real Estate Fund.

中国海外发展有限公司近期与中国工商银行股份有限公司旗下一家子公司共同成立一只基金，用以投资中国的房地产及其他项目。