Article
Mainland Courts Confirm Jurisdiction Over Securities Fraud Claims Against An Offshore-incorporated Listed Company
For the first time, PRC courts have asserted jurisdiction over securities fraud claims brought by Mainland investors against offshore-incorporated, Hong Kong-listed companies. The Beijing Financial Court's landmark ruling establishes that harm to domestic investors alone can trigger extraterritorial application of PRC Securities Law, even when securities transactions occur outside Mainland China.
Slaughter & May