During the process of cross-border issuance of securities, the choice of law issues mainly exit in four aspects: the applicable law for the legal identity and capacity of the issuers and the investors, the choice of law in the legal act for issuance from different parities involved, the applicable law for contracts as well as torts. The law of the place of issuance is not the only applicable law for each of them may have its own choice of law rule. In securities issuance, all of these applicable laws may compliment and coordinate each other and lead to some kind of balance and coordination, although there might be completion and conflict among them.