What impact will the new MA regulations in China have
The new MA regulations have provided a framework of principles for mergers and acquisitions involving A-share listed companies to take place. That, in itself, is a breakthrough. In the past, transfers of legal person shares have occurred but very much on an ad hoc basis.
These new regulations have laid down a blueprint of steps that need to be taken and will offer more certainty and transparency. It should pave the way to a more orderly MA market in China.
Have principles been borrowed from the Hong Kong code
I am delighted to say, yes. Certain basic principles in the first chapter...