Capital Markets

As one of China’s pioneering law firms qualified to provide legal services on security-related legal practices, Dacheng’s business spans the entire industry chain of capital markets. With our global reach, local insight as well as the rich knowledge and practical experience of our professionals, Dacheng has assumed a leading and pivotal role in the capital markets practice.


For years, Dacheng has placed great emphasis on the development of legal services in the areas of domestic and global initial public offering listing, reorganization and restructuring, M&A, private equity investment and investment fund, refinancing of listed companies, asset securitization, etc. Moreover, we have maintained close and good contacts with the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE), the Shenzhen Stock Exchange (SZSE), the Asset Management Association of China (AMAC), the Securities and Futures Commission of Hong Kong SAR (SFC), the Hong Kong Exchanges and Clearing Limited (HKEX), the U.S. Securities and Exchange Commission (SEC), the New York Stock Exchange (NYSE), NASDAQ, the London Stock Exchange (LDSE), the Singapore Exchange (SGX), etc.

 

Securities, capital markets, private equity and investment funds are Dacheng’s core practice areas. We have represented numerous companies with respect to their initial public offerings and refinancing in domestic and overseas markets, covering A-shares, B-shares, H-shares, red-chip stock, depository receipts, etc., and various stock exchanges in different cities, countries and regions worldwide, such as Shanghai, Shenzhen, Beijing, Hong Kong SAR, Taiwan region, New York, NASDAQ, London, Tokyo, Singapore, Frankfurt, Switzerland, Luxembourg, Australia and South Korea. We have successfully completed numerous domestic and international listing projects, accumulating unique experience and solutions to intricate challenges encountered by Chinese corporates during the listing process in both domestic and overseas markets, which enable us to provide better legal services to our clients.


Through years of practice, Dacheng has established close working relationships with key players within the industry worldwide, including securities regulatory authorities, stock exchanges, international and domestic investment banks, auditors, appraisal institutions, listed companies, etc. We have accumulated rich experience in working methods, team structures, coordinating mechanisms and quality control and developed mature legal service products and standardized legal service processes with the help of our global service network and outstanding performance. We are capable of providing comprehensive, high-quality, efficient and professional legal services to our clients.


Practice Areas and Services

Securities and Capital Markets

  • Pre-listing restructuring and corporate reorganizing

  • Pre-listing private investment

  • Domestic initial public offerings

  • Overseas initial public offerings

  • Refinancing of listed companies, including issuance of stocks, convertible bonds and other financial instruments

  • Domestic and overseas backdoor listings

  • Acquisition, merger, division, major asset reorganization, delisting and relisting of listed companies

  • Stock splits and share repurchases involving listed companies

  • Corporate governance involving listed companies

  • Executive incentive plans and employee stock ownership plans

  • Ongoing disclosure of listed companies

  • Formation and asset management of securities investment funds

  • Capital market derivatives

  • Domestic and offshore bonds and debt financing instruments


Private Equity and Investment Funds

  • Registration and material changes of private fund manager

  • Design of fundraising programs and the recordation of funds

  • Formation of private equity funds, securities funds and other types of investment funds

  • Legal services of internal governance and team incentives for private equity fund management companies

  • Full range of services for private equity funds, and venture capital investors in investments

  • Full range of services for private equity funds or venture capital institutions in exiting investments

  • Full range of services for obtaining private equity and venture capital investment 协助解决投资纠纷

  • Resolution of investment disputes

 

 

 


Honors and Awards
Relevant Articles
Media Commentaries

Dacheng Law Offices has a burgeoning practice which regularly represents corporate issuers. The firm is called upon to advise on domestic and overseas equity and debt offerings, including IPOs and corporate bond issuances, particularly on the New York, Hong Kong and Shenzhen Stock Exchanges. It is also able to advise on transactional matters in the capital markets space. The team has additional knowledge in GDR issuance. Its clientele includes the Finance Department of Hubei Province, Guangdong Yuecai Holdings and Golden Sun Education Group.


The team at Dacheng Law Offices boasts a strong skill set in dealing with a range of financial instruments, regularly dealing with futures, options, forwards, swaps, ABS and RMBS. It is routinely instructed by a large range of state-owned enterprises and banks to handle securitisation work, including Bank of China, Shanghai Pudong Development Bank and China Three Gorges Renewables. The firm has offices in several major cities, including Beijing, Shanghai, Nanjing, Guangzhou and Shenzhen, enabling service to regional as well as national banks.


Dacheng Law Offices’ investment funds department operates out of its bases in Beijing and Shanghai and multiple offices across mainland China, and is experienced in handling a range of fund establishment mandates, including equity investment funds, real estate funds and funds of funds. The group is a popular choice for fund regulatory compliance and wider financing and investment transactions.


Dacheng Law Offices offers expertise on private equity financing, capital raising and venture capital investment matters. It maintains a nationwide network of offices in addition to its branch office in Shanghai. Its experience attracts regular instructions from investment firms, venture capital funds and corporates. The firm's key clients include IDG Capital and Eminence Ventures.


——Chambers Greater China Region Guide 2024

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