Recent News From LC Lawyers LLP

On 8 May 2023 EY Greater China region releases the Overview of China outbound investment of Q1 2023. The report shows that China overall ODI remarkably increased 18% YOY to US$40.5 billion in Q1 2023[1]. However, the announced China overseas M&A activities continued to be sluggish, with announced deal value reaching a recent quarterly low of US$3.5 billion, down 26% YOY. Asia remains the most ...

The Employees’ Compensation Ordinance (Ordinance) sets out the rights and obligations of employers and employees in respect of injuries or death caused by accidents arising out of and in the course of employment, or by prescribed occupational diseases under the Ordinance. The Ordinance applies to all full-time or part-time employees who are employed under contracts of service or apprenticeship. It...

By: Rossana Chu: Hong Kong has taken another step in developing the city as a leading international risk management center. On 28 March 2023, a US$350 million World Bank catastrophe bond was listed on the Hong Kong Stock Exchange[1]. This is the first World Bank bond and the first catastrophe bond ever listed in Hong Kong. This catastrophe bond is also supported by the Hong Kong Insurance Authorit...

By: Rossana Chu: By the March 2023 Conclusions[1] to the Consultation on the Listing Regime for Specialist Technology Companies[2], the Hong Kong Stock Exchange (HKSE) has announced some changes to its original proposals after considering responses to the consultation. The objective of the new regime is to allow the specialist technology companies to apply for listing on the main board of HKSE, e...

We are pleased to announce that LC Lawyers LLP has been shortlisted as a “Finalist” for Intra-Asia M&A Deal of the Year at the Asia Legal Awards 2023. Final results will be announced on 30 March 2023 at the Awards Ceremony to be held in Singapore. Our transaction project in relation to a Hong Kong-listed company's US$162 million real estate acquisition in Shanghai has been shortlisted for ...

LC Lawyers LLP is recognised by In-House Community in its Firms of the Year Results 2022 We are delighted to announce that LC Lawyers LLP is named as one of the “Firms of the Year” in “Corporate and M&A” for Hong Kong at the In-House Community Firms of the Year Results 2022 announced on 1 March 2023. The results are from its survey of in-house counsel from 18 different jurisdictions on their c...

By: LI Fai: The Hong Kong Exchanges and Clearing Limited (HKEX) published on 20 January 2023 a report[1] on its annual review of listed issuers’ annual reports for the financial year ended between January and December 2021 (the Report). The Report covers thematic reviews on specific areas based on the results of previous years as well as emerging trends or matters to be of higher risks. This artic...

By Rossana Chu, Jacky Chan: Hong Kong law will permit fully virtual or a hybrid mode of virtual and physical general meetings from 28 April 2023 onwards. We would like to share with the readers the new statutory provisions and some practical tips. Statutory provisions which will become part of the Companies Ordinance of Hong Kong from 28 April 2023 A company incorporated in Hong Kong may hold a g...