Unfinished regulations delay China M&A.

At the end of last year, it seemed like a new dawn. Eight months later, it is still midnight for foreign investors interested in M&A.

At the end of 2002, in a move that seemed to give a Christmas present to foreign investors, the Chinese government came out with legislation opening up all classes of listed and non-listed Chinese shares to foreign mergers and acquisition.

Allowing the previously jealously guarded State-owned shares of listed companies to be made available to foreign investors was groundbreaking, says Stella Leung, a partner at law firm O'Melveny and Myers.

The document that came out in...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: unfinished | regulations | delay | china | ma

Print Edition

FinanceAsia Print Edition

EVENTS