ChinaFIG consultants provide guidance to organizations on China Investments and China policies related to Initial Public Offerings (IPOs) in the US and Hong Kong (HKSE).

Special Purpose Vehicle (SPV) Approval Authority - Article 40, Order #10
Acquisitions involving listings abroad and the use of Specialty Purpose Vehicles as subject to the Securities Regulatory Commission under the State Council.  The foreign country or administrative region where an SPV intends to list is required to have a fully developed legal and oversight system.  The security exchange commission of the listing location is required to have agreed to a Memorandum of Understanding with the China Securities Regulatory Commission, under the State Council.