In January 2022, Llinks partner David Yu accepted an exclusive interview by YICAI to talk about cross-border M&A, the development of China's capital market, and the role of lawyers in these regards.
Based on his own professional experience and industry management experience, Mr. Yu reviewed the history of 'going global' of Chinese enterprises and pointed out that in cross-border transactions, lawyers should not only understand the laws and regulations of relevant countries, have a strong sense of understanding, analysis, leadership, and execution, but also carefully take the needs of clients, business and legal environment, transaction structure, post-merger integration, and other aspects into consideration. Lawyers need to spare no effort in paying attention to every detail, including analyzing and balancing various non-legal factors, including synergy, business integration, and cultural integration, so as to be a good legal counsel and escort for Chinese enterprises to 'go global'.
For the institutional development of China's capital market, Mr. Yu believes that the upgrade of China's IPO system from examination, approval, and eventually to registration, marks the three milestones in the development of China's capital market system. The core purpose of the gradual improvement of the systems of corporate governance, information disclosure, and independent directors of listed companies lies in the protection of the legitimate rights and interests of investors. Lawyers are crucial to the healthy development of China's capital market.
Please click the link below to watch the full interview:
https://www.iqiyi.com/v_2ag9dbfar4k.html?vfm=m_553_wxfx&social_platform=wechat_friend&p1=2_22_221&_psc=b71ecf9e8fec4370af0c2f5d0d84bdee