Han Kun and Hua Tai United Securities successfully hold a seminar in Beijing on the return and restructuring of Red-Chips
2015-06-03
The relaxation of China’s A-share policy, an improved domestic listing environment, and high valuations caused by the scarcity of Internet companies listed on the A-share market and the new third board market, has caused more and more Chinese internet companies, including those that are currently listed in the United States, to begin planning their return to the domestic capital markets by removing and restructuring their Red-Chip structures.
On May 29, 2015, Han Kun and Hua Tai United Securities successfully held a seminar on the return and restructuring of Red-Chips at the Grand Hyatt in Beijing.
The seminar consisted of three parts. First, Mr. Yang Yu, Director at Hua Tai United Securities, spoke on “The opportunities for TMT enterprises in the A-share market.” Secondly, Han Kun partners Mr. Yijun Chao and Mr. Bin Zhi spoke on “Legal issues relating to the removal and restructuring of the Red-Chip structure.” Then, Ms Yumei Wang, Chief Internet Analyst at Hua Tai spoke on the “Valuation of internet companies in the A-shares market.” In a Q & A session that followed, the attendees and guest speakers had lively and productive discussions about the topics covered.
The seminar attracted hundreds of enterprises and investment institutions. It turned out to be a great success.