BUSINESS
LAW DIGEST
Revised Cybersecurity Law: New penalties, extends enforcement
China’s Cybersecurity Law was revised on 28 October, its first update since taking effect in 2017
Revised code regulates listed company executives’ conduct
CSRC issued revised corporate governance rules to strengthen conduct and oversight among listed companies
China securities regulator to raise whistleblower rewards
CSRC and Ministry of Finance propose raising whistleblower rewards to RMB1m, with consultation open until 30 Oct
Business Law Updates in China July – August 2025
Stay informed on the latest legal developments shaping China's business landscape
HK simplifies listings for biotech, tech firms
Hong Kong launches new initiatives to simplify biotech and tech company listings with a dedicated channel
To share or not to share? Court backs firing over salary disclosure
A Shanghai court upheld a company’s right to fire an employee for violating its salary confidentiality policy
New rules to regulate facial recognition technology
New rules on face recognition in China take effect June 2025, aiming to balance security, innovation and privacy compliance.
China’s VAT regime enters new era
China passes VAT Law on 25 Dec 2024; to take effect on 1 Jan 2026
Audit rules issued on personal information protection
China's new personal information compliance audit measures will take effect on May 1, 2025
HK introduces draft law on critical infrastructure cybersecurity
Hong Kong introduces draft bill for critical infrastructure cybersecurity
Claiming shortfall for occupational diseases after insurance
Court orders employer to cover occupational disease compensation shortfall
Hong Kong proposes re-domiciliation regime
Hong Kong proposes a re-domiciliation regime for foreign companies
WFW charts AirAsia’s USD19bn aircraft purchase order
Watson Farley & Williams advises Malaysia-headquartered AirAsia on a USD19 billion purchase of 150 new Airbus A220-300 aircraft
Hong Kong-based partner joins Italian firm Gianni & Origoni
Italian law firm Gianni & Origoni appoints Hong Kong-based partner Teresa Lee
Boom in panda bond issuances set to flourish, say lawyers
The appeal of panda bonds surges in 2026, with issuance volume reaching RMB88.24 billion (USD13 billion) in a record high for a single quarter
Dechert hires two partners, including ex-Milbank Seoul MP
Dechert appoints two partners from Milbank – David Cho, ex-managing partner of the Seoul office, and special counsel Min Kim
Firms act on landmark USD880m Thai data centre financing
Firms assist on an USD880 million green loan for a Chonburi data centre in the largest such project financing completed in Thailand to date
