On March 15, 2019, the National People’s Congress (NPC) of the People’s Republic of China (PRC) passed the Foreign Investment Law of the People’s Republic of China (the “Foreign Investment Law”). The Foreign Investment Law will come into effect on January 1, 2020. The Foreign Investment Law was formulated to further expand opening up…
The Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the “CO”) has been further amended by the Companies (Amendment) (No. 2) Ordinance 2018 (the “Amendment Ordinance”). The new amendments (subject to exceptions) will come into force on 1 February 2019. Major amendments include expanding the scope for simplified…