General Course Information
1.1 Course details
| Course code: | LLAW6025 / JDOC6025 |
| Course name: | China Company Law and Securities Regulation |
| Programme offered under: | LLM Programme / JD Programme |
| Semester: | Second |
| Prerequisites / Co-requisites: | No |
| Credit point value: | 9 credits / 6 credits |
1.2 Course description
This course covers both China company law and securities regulation. The part on company law involves an examination of the legal framework governing the structure and organization of business corporations and the responsibilities of and protection afforded various groups participating in a corporation’s affairs, in particular, shareholders, creditors, and management. The basic conceptual framework reflected in modern corporate legislation, and especially recent Chinese statutes, regulations, and administrative rules is emphasized, with particular attention to the concept of corporate entity, scope of business activities, shareholders’ rights and responsibilities, directors’ duties, the governance of joint stock companies, management and control of limited companies. The part on securities regulation involves an analysis of the scheme of securities regulation in China. Topics covered will include efficient capital markets, types of securities and capital structure, agency theory, regulation of primary market offerings, trading in secondary markets, inside trading, mergers and acquisitions, stock exchanges, securities market professionals, institutional stewardship, and ESG integration.
1.3 Course teachers
| Name | E-mail address | Office | Consultation | |
| Course convenor | Pangyue Cheng | TBA | N/A | By email |
Learning Outcomes
2.1 Course Learning Outcomes (CLOs) for this course
CLO 1 Describe and explain corporate law and securities regulation rules.
CLO 2 Identify and analyze relational issues between various groups such as shareholders, directors, supervisors, employees, and creditors.
CLO 3 Apply agency theory to explain China specific problems in utilizing the capital market.
CLO 4 Examine the experience of legal transplantation of western corporate law rules in China.
CLO 5 Draw implications for China future legal and economic reforms and development theories.
CLO 6 Improve analytical skills and judgmental power related to policy rationales behind corporate law and securities regulation in China.
CLO 7 Demonstrate awareness of the corporate and securities investment responsibilities within broader economic, political, environmental, and socio-cultural contexts.
2.2 LLM and JD Programme Learning Outcomes (PLOs)
Please refer to the following link:
LLM – https://course.law.hku.hk/llm-plo/
JD – https://course.law.hku.hk/jd-plo/
2.3 Programme Learning Outcomes to be achieved in this course
| PLO A | PLO B | PLO C | PLO D | PLO E | PLO F | |
| CLO 1 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CLO 2 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CLO 3 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CLO 4 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CLO 5 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CLO 6 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CLO 7 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Assessment(s)
3.1 Assessment Summary
| Assessment task | Due date | Weighting | Feedback method* | Course learning outcomes |
| Class participation | N/A | 10% | 1, 5 | 1, 2, 3, 4 ,5, 6, 7 |
| Research paper | TBC | 90% | 1, 3 | 1, 2, 3, 4 ,5, 6, 7 |
| *Feedback method (to be determined by course teacher) | |
| 1 | A general course report to be disseminated through Moodle |
| 2 | Individual feedback to be disseminated by email / through Moodle |
| 3 | Individual review meeting upon appointment |
| 4 | Group review meeting |
| 5 | In-class verbal feedback |
3.2 Assessment Detail
Students are allowed to use AI tools to assist in improving their drafts during the writing process. Appropriate uses include:
- Correcting spelling and grammatical errors
- Enhancing sentence construction and phrasing
- Improving overall readability and clarity
While AI tools can be helpful, it’s essential to understand that they have limitations. AI-generated content often fails to accurately reflect the specific details and depth required by this course. Therefore, the following uses of AI are considered inappropriate:
- Relying on AI-generated content without verification and proper citation
- Using AI for critical analysis
- Generating primary content and original ideas for the research paper
Students must disclose their use of AI tools in their coursework, specifying which tools were used and how they contributed to the final work. The use of AI or other external tools must comply with HKU’s academic integrity policies and be properly acknowledged in citations. Students are responsible for ensuring that their use of AI tools does not replace their own understanding and effort in this course.
3.3 Grading Criteria
Please refer to the following link: https://www.law.hku.hk/_files/law_programme_grade_descriptors.pdf
Learning Activities
4.1 Learning Activity Plan
| Seminar: | 3 hours / week for 12 teaching weeks |
| Private study time: | 9.5 hours / week for 12 teaching weeks |
Remarks: the normative student study load per credit unit is 25 ± 5 hours (ie. 150 ± 30 hours for a 6-credit course), which includes all learning activities and experiences within and outside of classroom, and any assessment task and examinations and associated preparations.
4.2 Details of Learning Activities
To be advised by course convenor(s).
Learning Resources
5.1 Resources
| Reading materials: | Reading materials are posted on Moodle |
| Core reading list: | TBA |
| Recommended reading list: | TBA |