Head of Shanghai
Sun Hong is a corporate lawyer and leads our office in Shanghai. Sun focuses on corporate matters, covering foreign direct investment, mergers and acquisitions, joint ventures and corporate transactions involving PRC assets or entities. Sun has had great experience in advising clients on regulatory and compliance matters/projects.
Sun has in-depth insight into the legal system of China and the compliance and regulatory risks encountered by multinationals doing business in China, which makes her well positioned to advise clients on practical solutions to address compliance risks and to deal with difficult regulatory issues when arisen.
Sun is very familiar with the regulatory regime of China through her post qualification legal practice in both government bodies and domestic and international law firms.
She qualified in China in 1999 and had worked for four years in the legal affairs office of a local government and five years with PRC local law firms (practising litigation and corporate matters) before she joined the practice in 2006. Sun received training on English law and legal practice under the Lord Chancellor Training Scheme for Young Chinese Lawyers in the UK and HK in 2003 and 2004.
Following President Xi's announcement in his speech at Boao Forum in April 2018 that China would complete the amendments to the negative lists for foreign investment in the first half of the year, the National Development and Reform Commission and the Ministry of Commerce (MOFCOM) jointly promulgated the 2018 version of the Special Management Measures for the Market Entry of Foreign Investment (Negative List) (外商投资准入特别管理措施(负面清单) (2018年版)) (New National Negative List) and the 2018 version of the Special Management Measures for the Market Entry of Foreign Investment in Pilot Free Trade Zones (Negative List) (自由贸易试验区外商投资准入特别管理措施 (负面清单)(2018年版)) (New FTZ Negative List) on 28 June and 30 June 2018, respectively..
July 04, 2018
On 8 June 2018, China Banking and Insurance Regulatory Commission (CBIRC) published on its website the draft Decision of CBIRC on the Abolishment and Amendment of certain Regulations (Draft Decision) for public consultation. This represents a further step taken by the Chinese government to lift foreign shareholding restrictions in the financial services industry and to implement CBIRC’s financial reform roadmap as set out in the Measures on Facilitating the Further Opening-up of Banking and Insurance Sectors on 27 April 2018 .
June 11, 2018
Global law firm Norton Rose Fulbright has advised the Wu family, founders of Nature’s Care, on one of the largest private equity investments so far in 2018 to a Chinese consortium..
April 16, 2018
Global law firm Norton Rose Fulbright is one of a number of law firms advising CHAMP Private Equity on the A$1 billion sale of Accolade Wines to Carlyle Group..
April 10, 2018