News

    1. Home
    2. Information and Activity / News
    Legal regulations and commercial game | The First DOCVIT Forum on Financial and Capital Market was held in Beijing

    Source:   Time: 2016-09-18 14:05:08  Author:

    In the afternoon of September 8, 2016, the First DOCVIT Forum on Financial and Capital Market, with "legal regulations and commercial game" as the theme, was held in Beijing! A large number of masters gathered together to focus on the financial and capital market, offering up an ideological feast.

    The forum was hosted by Beijing DOCVIT Law Firm. More than one hundred representatives from CITIC Securities, Everbright Securities, China Minsheng Bank, PICC, Legend Capital, E-town International Investment, Taiping Investment, Adfaith and other securities companies, financial institutions and large enterprises attended the forum. More ten news media including Chinese lawyer website, Chinese Lawyer, Fangyuanlvzheng, Lvxin News, International Business Daily, China Economic Times, China National Radio, China United Business News, 21st Century Business Herald, Xinhuanet, JCRB, Legal Daily, Caijing Magazine, Renminfazhi attended this activity.

    The theme of the forum is "legal regulations and commercial game", with four sub-forums of "standardization and development: privately offered fund after limit on August 1, what path to follow", "barbarism and civilization: legal regulations and commercial game in enterprise merger and acquisition", "boundary and scale: the breakthrough and innovation of insurance fund investment" and "increment and stock: relocation and new development of the National Equities Exchange and Quotations market". The forum was chaired by Song Xiao, the managing partner of Beijing DOCVIT Law Firm.

    Mr. Xu Shanda, member of the academic committee of the Chinese Economists 50 Forum and former deputy director of the State Administration of Taxation, attended the opening ceremony and delivered a speech. Mr. Xu Shanda fully affirmed in his speech DOCVIT's sustained attention and professional spirit on financial capital market, and pointed out that in the "13th Five-Year Plan", China's capital market will be very active, that recapitalization distribution of state-owned enterprises will provide space to private capital, which will consequently lead to the adjustment of the whole capital market, and bring a great new market development space to intermediary service institutions like law firms as well.

    In the keynote speech, Wang Xiaobo, general manager of Beijing E-town International Investment & Development Co., Ltd., and Li Zhi, president of Ground Fountain Holdings, made a keynote speech respectively. Mr. Wang Xiaobo, from the point of view of an industrial investor, elaborated to the representatives how to look upon the challenges in the industry posed by today's financial and capital markets. He expressed the hope that the whole industry would jointly speak out, influence, and promote institutional innovation and environmental improvement. Mr. Li Zhi shared his research results of national strategies' unified shaping on the industrial chain, supply chain and value chain.

    At the report issue, on behalf of Beijing DOCVIT Law Firm, Sun Yu, senior partner of DOCVIT, issued the DOCVIT Legal Service Report on "New Deal of Private Placement" and DOCVIT National Equities Exchange and Quotations Legal Service Report (2016). The two reports are the representative results of Beijing DOCVIT Law Firm after years of intensive cultivation and new breakthrough in the field of financial capital market as well as professional legal services, showing the excellent service ability and professional spirit of DOCVIT in the financial capital market, which are highly praised by the guests and representatives.

    In the sub-forum of "standardization and development: privately offered fund after limit on August 1, what path to follow", guests from E-town Domestic Investment, Legend Capital, Yinhua Fund Management, Tianxing Capital, JT Asset Management, Huaying Energy, New Match Point Sports communicated and discussed on the following topics of "whether the cold reception of product release after the limit of private placement is temporary or long-term", "the influence of regulations of financial products of commercial banks on the private placement industry", "the rate of return of constant return products goes down, what to do with private equity funds", "how does the new regulation on private placement under downweight leverage influence private equity products".

    In the sub-forum of "barbarism and civilization: legal regulations and commercial game in merger and acquisition", guests from CITIC Securities, Adfaith Group, PICC Capital Investment Management Company Limited, Soochow Securities, Ground Vision Fund, Zhongxingjinyuan and other institutions expressed their opinions on topics of "enterprises' counter modes in the face of hostile mergers and acquisitions", "profit-driven modes of financial capital as well as adjust and control of legal regulation", "interavailability and game playing between financial enterprises and industrial enterprises", "changing trends of future policies and legislation resulted from the dispute between Vanke and Baoneng" and carried out a heated discussion.

    In the sub-forum of "boundary and scale: the breakthrough and innovation of insurance fund investment", guests from The People's Insurance Company (Group) of China Limited, PICC Capital Investment Management Company Limited, China Minsheng Bank, Everbright Securities, Generali China, Taiping Investment and other institutions communicated and shared their opinions on the topics of "insurance funds' challenges in overseas market investment", "the current situation and challenges of alternative investment of insurance funds", "the expectation of further broadening investment scope of insurance funds" and "how does insurance funds invest on bond and stock rights under the new normal".

    In the sub-forum of "increment and stock: relocation and new development of the  National Equities Exchange and Quotations market", representatives from CITIC Securities, Capital Securities, Huaan Securities, Eastmoney Securities, Dongxing Securities, Landing the National Equities Exchange and Quotations" and other institutions presented their ideas on the topics of "the influence of fully-upgraded supervision rules of National Equities Exchange and Quotations on the development trends of the market", "listed companies break 8,what changes will bring to the market trends", "how does the National Equities Exchange and Quotations correctly position itself after layering in China's capital market" and "secret worry hidden behind the bonus of merger and acquisition of the National Equities Exchange and Quotations".

    Finally, on behalf of the sponsor, Liu Guangchao, founding partner and director of Beijing DOCVIT Law Firm, made a summary and closing speech for this forum. In the closing remarks, the director Liu Guangchao used five pairs of key words--"gratitude and cherish", "discover and give up", "share and cooperate", "breakthrough and innovation", "focus and rationality"--to share his opinions with all the participants on many professional fields in the financial and capital markets. At the same time, director Liu Guangchao said that all the staff of DOCVIT will seize the great opportunity of industrial consolidation to integrate high-quality resources, outstanding teams and preponderant business so as to build DOCVIT into an excellent, respectable and ideal law firm that gains the recognition from both lawyers and customers. 

    Relevant Recommendation

    May be interested

    Professional Team
    Professional Interpretation
    More
    • How to deal with the failures to fulfill duty of diligence?2021-10-25
      Both party A and party B are shareholders of company a, with a accounting for 30% of the shares and B for a state-owned enterprise holding company, accounting for 50% of the shares. Mr. Li is a director appointed by company B to company a, and also the head of financial department of company A. At the beginning of 2021, party A learned that there was still 1 million yuan of capital contribution of company B due but not paid in, and Mr. Li never called on company B according to his duty when he clearly learned that company B did not fulfill his obligation of capital contribution. In addition, Li used his authority to change the management authority of company A's office system, adjust the relevant processes and procedures of the company's internal management, and put pressure on the employees without reason, resulting in the failure of company A's normal operation for three consecutive months. In view of Li's behavior, how should company a and shareholders a protect the rights and interests of the company and themselves?
    • Voting rights can be restricted if shareholders fail to invest?2021-08-24
      In recent years, the competition for corporate control has become more and more intense. The form of competition is no longer confined to the background, but gradually moved to the stage. In order to fight for corporate control, the disputes about the representation of corporate will caused by the internal power struggle in commercial cases are increasing. Voting right has also become the focus of contention among shareholders. If they fail to fulfill the obligation of capital contribution on schedule, there are serious differences among shareholders about whether their voting right can be limited. In the absence of special provisions in the articles of association, should shareholders vote according to the proportion of paid in capital contribution or the proportion of subscribed capital contribution?
    • How to solve the deadlock caused by shareholders' contradiction?2021-07-27
      Party A, Party B and Party C established company a in 2008, holding 51%, 45% and 4% shares respectively. In 2018, due to policy adjustment, the main business of company a could not continue to operate. Party A, Party B and Party C held shareholders' meetings on the transformation and development direction of company a for many times, but Party A and Party B could not reach an agreement. Up to now, the development of the company has been stagnant, How can companies get out of trouble?
    About DOCVIT
    More
    Beijing Docvit Law Firm (Docvit in short), which was established in 2003, is one of the few earliest law firms instituted as a corporation rather than partnership in China. Aimed at building a high quality law firm with professional competence, Docvit fostered innovation under its unique system of operating as a large-scale corporation. Benefited with its core-competitiveness, such as international insights and full IT application management mode, to name some of them, Docvit pursued cross-border development and established an image of high-end brand in a industrialized market. In 2015, Docvit was ushered into a “3.0 era” of moderate-scale development, which witnessed the gradual formation of nation-wide and world-wide layout with the start-up of branch offices in Tianjin, Jinan, Shenzhen, Shanghai, Chengdu, Taiyuan, Hong Kong, London and other places in succession.
    Performance
    More
    Brand Activity
    More
    Honors
    More
    Over the years, business and brand of DOCVIT have matured and won the "Special Contribution Award of All China Lawyers Association", "Excellent Law Firm in Beijing", "Excellent Law Firm in Chaoyang District", ALB2016 Asia Top Ten Elite Law Firm, 2018 Outstanding Law Firm Award by China Business Law Journal, etc.