China’s forex regulator issued a new guideline on January 28 simplifying the repatriation of IPO proceeds raised by China Inc abroad. Jerry Zhang (pictured) of Cadwalader, Wickersham & Taft explains how Circular 7 works.
For CFOs considering following Hopewell Highway in raising offshore renminbi shares, Edward Au, Deloitte China’s national co-leader of public offering group (pictured), offers advice.