China



asialaw Analysis

Aviation
Han Kun Law Offices

Han Kun Law Offices is ranked ‘Outstanding’ in corporate and M&A, investment funds and private equity. The firm has also earned a reputation in capital markets for its performance in representing both domestic and international clients from various emerging industries. Its aviation finance team, on the other hand, is experienced in advising both Chinese and foreign lessors as well as Chinese and foreign banks in their leasing and finance of commercial aircraft and business jets to Chinese airlines.  Based in the firm’s Beijing and Shenzhen office, partner Chaoying (Charles) Li is experienced in public and private financings, M&A, incorporation and corporate restructuring, foreign direct investment, and intellectual property protection. During the research period, Jianhui Li, Xiaoxue (Dana) Wu, Qing (Nick) Shu, Dongni Jiang and Jing (Gilbert) Shen joined the firm as partners. The firm welcomed five partners to enhance its practices across M&A, private equity and investment fund in the last 12 months: Ping Xu and Jianhui Li from Tian Yuan Law Firm, Yan Xia from Shihui Partners, Sheldon Chen and Clarence Chung from Llinks Law Offices.

Client feedback 

Professional, efficient, extensive experienced and very easy to talk with.” – Aviation  

Their professionalism and hard work make our aircraft delivery smoothly and efficiently.” – Aviation  

Han Kun Law Offices always provides us with prompt and practicable legal advice, helping us to cope with various legal issues and support the business team effectively.” – Banking and finance  

They always find solutions to dilemmas to facilitate the transaction. Good at communication for both sides when negotiating.” – Banking and finance 

Responsive and professional.” – Capital markets 

They provided very comprehensive proposals to protect our interests in either negotiation or in closing the deal. They efficiently and promptly provide feedback every time we ask for help. They have deep understanding of the consumer market.” – Capital markets 

Han Kun is familiar with the competition regulation in China and the best practice to deal with the regulator. Han Kun is excellent in the preparation of the filing documents the team can always spot the key issues to address in the responses to the regulators' queries and propose the most pragmatic and appropriate way to address the issues.” – Competition/antitrust 

A top-tier full-service law firm with many legal elites and sophisticated and seasoned legal professionals. Among the years co-working with the firm, it did not take too long to have me fully convinced and therefore ensured of the deep trust in the firm and the partners on not only retaining them to do any project on routine or urgent base, but also establishing a profound friendship, professional-wise and private-wise.” – Corporate and M&A 

Han Kun provides very helpful and thoughtful advice in all the assignments I gave them.” – Corporate and M&A 

Professional, result-oriented, responsive, skilful and strategic.” – Dispute resolution  

Sound abilities on analysing the complex case and solid preparation of the evidence.” – Dispute resolution 

Quite responsive. Strong commercial sense.” – Investment funds 

Solid legal knowledge, very responsive and professional.” – Labour and employment  

With their professional lawyers, they actively defended for us, did rigorous research within the domain and dug out good old cases which provided us with advantages during the trial.” – Media and entertainment 

Very professional and efficient.” – Private equity  

Han Kun Law Offices provided exceptional legal services throughout the entire process. Their expertise in the intricacies of private equity transactions and their understanding of the specific challenges and regulations within the life sciences industry were evident in their work.” – Private equity  

The Han Kun team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are client-focused. They are very responsive and always work around the clock.” – Private equity  

Quick response, first priority, practical and commercially driven, professional.” – Real estate 

Professional, timely response, deep industry knowledge, client-oriented.” – Regulatory  

In addition to professionalism and highly sophisticated skills, Michelle's team knows well about corporate operation and pain points. They can provide landing solutions.” – Regulatory  

“Accurate legal services. They have the ability to solve problems and have a positive service attitude.” – Tax 

Xiaoming Deng 

“Mr. Deng is very professional in securities litigation, especially the area of securities misrepresentation and fraud. I think he is one of the best lawyers in this area in China. Mr. Deng has great enthusiasm for his profession. He is always glad to discuss the question I asked. 

Yi Ding 

“Good at communication, can always find a solution when negotiation has come to a dead end.” 

Shiwen Dong 

Has a strong sense of problem-solving.” 

Chaoying Li

Chaoying Li always handles our sophisticated legal issues and coordinates the resources we need inside Han Kun.” 

Huhuan Li 

He works professionally and highly efficiently.” 

Sheng Li 

Responsive and professional.” 

Zeda Lin 

Lin offers very good legal advice.” 

Liyu Jin 

Good communication skills, rich experience in handling arbitration.” 

Denling Jin 

“Professional, problem-solving, skilful, strategic and responsive.” 

Michelle Gon 

Michelle's leadership and ownership is strong. She responds swiftly with abundant experience.” 

Jin Qian 

“Strong commercial sense. Responsive. Good local knowledge. Qian also provides regular follow-ups and newsletters for legal developments.” 

Vincent Song

Song’s comprehensive understanding of the consumer market and our company makes him always provide good advice. Song is very professional in terms of fund raising and company legal structure set up. He is efficient and always on call to provide feedback.” 

Dan Sun 

Sun has good communication skills, full knowledge of both the legal regulations and company. Sun also has a trouble-shooting attitude.” 

David Tang 

A top legal practitioner with marvellous leadership.” 

Huan Wang 

Huan has been our first choice of legal counsel for over 10 years. He is also a well-known lawyer in capital markets and private equity in China in the TMT sector and traditional industries. Huan has deep professional knowledge in various sectors with high flexibility in problem solving.” 

Dana Wu 

Wu is very reliable and knowledgeable. She is the go-to person when our company comes across tough legal matters. She also maintains a good relationship with her colleagues and can always find the right person to advise us when it comes to an area with which she is not familiar.” 

Shu Wang

Ms. Wang Shu is skilled, fantastic and outstanding in the areas.” 

Wang is very professional, efficient, extensively experienced and very easy to talk with.” 

Angus Xie 

Angus's expertise in competition law is commendable, with a deep knowledge of the legal framework and antitrust regulations in China. Angus is familiar with international transactions and is able to provide insightful and effective legal advice to foreign clients. Angus and his team's analytical skills and attention to detail enable them to provide insightful and effective legal advice to clients. They are renowned for their strategic thinking and problem-solving abilities. They consistently demonstrate professionalism, integrity and a client-centric approach in their practice, ensuring that their clients' needs are met effectively and efficiently.” 

Liming Yuan 

“With extensive corporate M&A experience, state-of-the-art drafting skills and a deep understanding of client needs, Liming provides customised legal support to always get the job done right.”

Li Zhang 

Li demonstrated a deep understanding of the legal and regulatory landscape governing private equity investments.” 

Ting Zheng 

Ting is very responsive and has solid banking-related knowledge in a quite broad way, no matter whether data-related or just loan-related.” 


Work highlights 

Represented both China Eastern Airlines and CES International Financial Leasing in the finance lease and syndicated financing of one Comac C919 aircraft. The target aircraft is the world's first officially delivered Comac C919 domestic large aircraft, which is of great historical significance. 

Represented BOCOMM Leasing in its lease restructuring of more than 20 aircraft on lease to Hainan Group. 

Key clients 

Avolon, China Merchants Bank Leasing, China Southern Airlines International Financing Lease, ICBC Financial Leasing

Aviation and shipping
Dacheng Law Offices

Dacheng Law Offices is ‘Highly recommended’ in our construction, labour and employment, restructuring and insolvency tables. The firm is best known for its speciality in handling matters across the spectrum of transportation and infrastructure. Through cooperation with the government and enterprises in major construction projects, the team has accumulated extensive experience in public-private partnerships (PPPs). Based in Beijing, senior partner Huazhi Yuan heads the firm’s real estate and natural resources practices. Real estate, construction, PPP, mineral resources and general corporate law are some of his core practices. 

Client feedback 

“Dentons China is highly recommended in the field of energy and corporate laws, the expertise and efficiency represented by partner Chang and her team members is evident and impressive.” – Corporate and M&A 

“High professional level, good service, reasonable fees, high win rate.” – Dispute resolution 

“As a massive legal platform, Dentons China is filled with experts in various fields, including energy and construction, and it is able to form temporary teams for solving different types of cases.” – Energy  

“The main advantages of Dentons China lie in its professionalism, overall perspective, and the professionalism.” – Intellectual property  

“High level of expertise. Client oriented. Great sense of the combination of business purpose and laws.” – Intellectual property  

“Dentons China has been providing legal services for us for a very long period, we witnessed its expansion of business scale and growth of depth of expertise in various fields. With a strong base of experts, Dentons China is capable of providing detailed and comprehensive legal solutions for specific problems. While obvious legal risks are apparent, Dentons would be able to discover the risk underneath the surface.” – Real estate 

“Professional service, rich experience in real estate, and integrity. The firm helped the company to avoid many legal risks and has been valuable for us for years.” – Real estate 

“The most obvious advantage Dentons China has is that they are a global-based law firm which focused on various legal fields. As the complexity and scale of our business is constantly rising after the pandemic, Dentons China is able to provide the legal service that we require.” – Real estate 

“Dentons China is widely known for its massive team of legal personnel in various fields. In the process of several projects participated in by Dentons China, their team managed to secure our interests by designing project structures and reviewing all related agreements. Lawyers from Dentons China demonstrated full endeavour for the matters of our concern.” – Real estate 

“The overall leader of the team, Lawyer Gao, is a lawyer specialising in the field of bankruptcy reorganisation. Lawyer Gao has formed a large and experienced team of lawyers to support this project. She and her team are very professional in handling bankruptcy-related issues, and the entire team responds promptly and efficiently. During the process, we felt that our company had extremely smooth communication with any lawyer within the team.” – Restructuring and insolvency 

Qing Chang 

“Qing is a very sophisticated lawyer and has been providing legal service for real estate corporations for more than a decade. During this process, she has been watching over the development of the industry, which has helped her to predict the future development of certain law and policies.” 

“Lawyer Qing and her teammates are all very good at responding to our request speedily. They truly demonstrated that their actions are highly effective and responsive. As a lawyer, Qing is not only professional but also diligent, and Qing has helped our corporation to avoid potential legal risk.” 

“Lawyer Qing has successfully constructed a very sophisticated team targeted in the field of real estate and construction. Her outstanding capability in solving real estate legal matters with innovative methods are widely recognised by my colleagues who participated into the project. While facing substantial obstacles discovered during the due diligence investigation, lawyer Qing managed to design compatible and effective mechanisms in the agreements, which enabled us to manage the potential risks.” 

“Partner Qing Chang provided full-process legal assistance for the transformation of the energy project. Based on the situation of the project and other factors, she optimised our interests during negotiations and the draft of legal documents. Since the project is vital to the financing of the operation, partner Qing Chang managed to solve our problems at a very responsive fashion with high-quality outcomes.” 

“As a long-term partner, Lawyer Qing is a very capable and reliable real estate lawyer, who has clearly accumulated tremendous knowledge and practical experience in real estate and construction. Her ability to acquire new knowledge from a novel legal field and utilise it in solving practical matters is very impressive. With the help of her team, we successfully ensured and secured the steady growth of the project without crossing any red lines.” 

Meili Gao 

“As the lead lawyer for the entire project, the deepest impression is that, firstly, she is very professional and often discovers potential factors that are unfavourable to our clients in the tense business negotiation process. She provided reminders and helped us avoid many possible legal risks. Secondly, her communication skills are very strong, and we feel very reassured that she is responsible for coordinating with all parties. Through countless rounds of friendly but authoritative negotiations between lawyer Gao and the government, the other party's managers, and relevant business leaders, the entire project has been promoted more smoothly. She has excellent overall planning skills, and under her leadership, the team has enabled everyone to leverage their strengths and achieve perfect collaboration among team members.”  

Tao Li 

“Professional, precise, tenacious, humble, kind, conscientious.” 

Charles Wu 

“Very experienced and professional. Charles greatly helps us to manage risk.” 


Work highlights 

Represented a large domestic company for the whole process of an ACJ319neo business jet renovation and delivery with Jet Aviation after completion of the refurbishment and modification. 

Provided legal services for a domestic cargo airline company for the P2F conversion and lease of two Boeing used aircraft. 

Banking and finance
AllBright Law Offices

Founded in 1999 with branch offices in 20 cities across China, full-service law firm AllBright Law Offices is known for its expertise in capital markets, corporate and M&A, dispute resolution and tax. Senior partner Fangzhou (Ark) Bao is experienced in providing legal services to companies regarding corporate restructurings and IPOs in both domestic and overseas stock exchanges.  

Client feedback 

“Professional, efficient and enthusiastic.” – Aviation and shipping 

“Besides legal advice, Allbright provides practical ways to solve the issue with commercial consideration, and brings value-added service.” – Aviation and shipping 

“Good legal and communication skill.” – Corporate and M&A 

“Good knowledge of the transaction background, knows very well about all the transaction documents, can make proper recommendations to the clients. Very responsive, can meet the client's requests re timing.” – Corporate and M&A 

Fang Cao 

“Fang Cao is the focal point of Allbright to handle our cases in China, he's familiar with our style and is competent in practice.” 

David Li 

“Excellent legal skill and project experience.” 

“Always accessible, responsive, good knowledge about the whole deal.” 

Yuheng Zhang 

“Professional, efficient and enthusiastic.” 


Work highlights 

Advised Tianjin Trust on a series of financial loan contract disputes. 

Advised Tianjin Trust on the Tianjin Municipal Construction Group Xinsheng No. 1 Service Trust project. 

Key clients 

Binhai Construction Investment (Hong Kong) Development, China Great Wall Asset Management (Hunan Branch), Northern International Trust, Tianjin Urban Infrastructure Construction Investment 

DeHeng Law Offices

DeHeng Law Offices specialises in acquisition finance and project finance. Partner Xu (Jennifer) Zhang is experienced in cross-border financing, including syndicated lending, asset finance and sovereign loans. The firm now has 38 branch offices in China and 11 branch offices in foreign countries. 

Client feedback 

“They have a positive work attitude, rich knowledge on construction management and law, rich experience in solving difficult problems, and work efficiently.” – Construction  

“The lawyers’ service attitude of this law firm is very good. Their communication with us is smooth, and cooperation is good. They have rich experience in construction project bidding, contract management, and other fields, which has greatly helped us.” – Infrastructure 

“The law firm is particularly responsive and has a strong ability to solve difficult problems.” – Infrastructure 

“This team is very dedicated, responsible, and professional in the process of cooperation with our company. Shen Wei is recognised for his enviable expertise in labour dispute resolution. We look forward to working with this team in the long term.” – Labour and employment  

Hongyuan Li 

“Lawyer Li is very patient, always patiently answering our difficult questions, and he always develops clever solutions when facing complex problems, which greatly helps our company's work.” 

“Li has a high level of legal service. He has good cooperation with our employees and has achieved good work results.” 

Shen Wei 

“Shen Wei is a key figure at DeHeng. In addition to being known for handling labour arbitration and litigation cases, he was also praised for serving as an arbitrator.” 


Work highlights 

Acted as the PRC legal counsel of syndicated banks for multiple tranche term loan facility with an amount up to $423 million. 

Advised a Hong Kong commercial bank’s PRC subsidiary on providing working capital loans with an amount up to Rmb300 million ($41 million). 

Key clients 

Ace Investment Fund. 

East & Concord Partners

Headquartered in Beijing with branches in Shanghai, Shenzhen, Wuhan and Hangzhou, East & Concord Partners has expertise in banking and finance, and commercial arbitration. Managing partner Qi Zhou focuses on dispute resolution and is experienced in handling commercial litigation and arbitration cases. The firm welcomed Honghai Ma and Lishan Teng as banking and finance partner in the last 12 months.  


Work highlights 

Advised China CITIC Bank on the issuance of additional shares worth Rmb40 billion ($5.5 billion) to refinance. 

Key clients 

Beijing Capital Eco-Environment Protection Group, China Orient Asset Management, Guomin Pension & Insurance, Huaxia Bank. 

Fangda Partners

Top-tier firm Fangda Partners dominates the majority of ranking tables. The firm also moved up to the ‘Outstanding’ tier in this year’s media and entertainment rankings. Its regulatory team provides one-stop compliance and government enforcement services, including corporate investigations, government enforcement, compliance advisory and related contentious matters. A key partner to note in the team is Kate Yin, who is a recognised leader in complex government enforcement, internal investigation and regulatory compliance, especially for challenging cross-border matters. Corporate partner Jeffrey Ding attends to a varied practice composed of capital markets, corporate M&A and private equity, while Pu (Alexandra) Yang is a long-time authority in the intellectual property capacity. Gordon Gao, a renowned figure in IP, left the firm in May 2022 for King & Wood Mallesons, and the firm’s IP team welcomed Wen Zou and Michelle Ning from Gen Law Firm. 

Client feedback 

“Always find solutions to dilemmas, which will facilitate the transaction until the completion of the transaction. Always careful, diligent and efficient.” – Banking and finance 

“Fangda advised us on legal compliance and assisted us in private equity financings. Most importantly, they provided legal services for IPO matters and resolved legal issues for the company going public.” – Capital markets 

“Valuable experience in the debt market, good network, excellent communication skills with clients with different background, responsive and diligent services.” – Capital markets 

“Deep industrial insights and flexible fee arrangement.” – Corporate and M&A 

“The Fangda team helpfully identified evidence proving misbehaviours by employees.” – Dispute resolution 

“Fangda represented us in the deal and supported all the way from term sheet drafting, legal due diligence, to close documents negotiations and communication with the multiple stakeholders. They have been very responsive, helpful and professional.” – Private equity  

“The Fangda team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are very professional and hard-working.” – Private equity  

“They provided prompt response and insight into the legal nature of the relevant arrangement. Their advice reminds us of the blind point that we missed.” – Real estate 

“Fangda Partners is adept at responding to clients' questions quickly and efficiently and giving answers from a practical perspective.” – Technology and telecommunications 

Christine Chen 

“Christine has in-depth knowledge and experience in advising sophisticated international issuers and on local law issues. By providing practical and thoughtful solutions to complicated or tricky legal issues in the course of bond issuance, Christine has gained deep trust and respect from us. Her advice and constant contribution are immensely helpful to the successful execution of cutting-edge debt offering transactions.” 

Frank Fan 

“Prompt response with perspectives and thoughts.” 

Helen Fan 

“Helen oversaw the transaction and guided her team to work through the deal efficiently.” 

Diana Li 

“Deep industrial insights. Quick response.” 

Devan Shao 

“Devan provided invaluable advice on SDK compliance and trade secret protection.” 

Judy Tan 

“Judy is experienced in the aviation area and can always find a solution to dilemmas.” 

Yiru Wang 

“The team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are very hard-working.” 

Kate Yin 

“Yin led the whole team to conduct investigation and completed the task in line with the timetable, the team helpfully identified solid evidence against the employees concerned.” 


Work highlights 

Represented GLP in signing a Rmb263 million ($36 million) onshore loan facility agreement with four GLP onshore group members as borrowers and a $2,410 million offshore facility agreement with CIP V Singapore Holdings as offshore borrower. 

Acted as leading counsel of Edding Group Company as borrower in the loan facilities provided by Abax Asian Structured Private Credit Fund III and SPDB International (Hong K) for refinancing of a mezzanine loan provided by Credit Suisse. 

Key clients 

China Merchants Bank, Haitong International Capital, Shanghai Pudong Development Bank - Jingqiao sub-branch. 

Global Law Office

Global Law Office is one of the ‘Outstanding’ firms in banking and finance. The firm’s banking and finance team has extensive experience in onshore, offshore and cross-border financing work, covering bilateral and syndicated loans, project finance, acquisition finance, real estate finance, asset finance, trade and ECA-backed finance. Lawrence Lin leads the firm’s banking and finance team. The firm’s private equity team got a further boost with the hiring of six partners in the last 12 months.

Client feedback 

Professional.” – Competition/antitrust  

Practical approach instead of theoretical analysis, timely response, understanding of business environment and solution-driven attitude.” – Corporate and M&A 

Provide professional advice on the litigation and they do it very well.” – Dispute resolution 

“Their team's dedication, solution-driven attention to detail and professionalism in handling sensitive issues have left a lasting impression on me.” – Dispute resolution 

GLO worked as the lawyer of CPE, and mostly achieved CPE's initial goal.” – Dispute resolution 

They are efficient and professional. They always help us to solve the problems in time.” – Investment funds 

“GLO lawyers are very knowledgeable and experienced in fund management and media and entertainment practices. They have been very efficient and responsive to our requests. In particular, with industrial knowledge in media and entertainment industry, GLO is able to not only assist us in identifying legal risks and providing effective legal solutions but also is able to advise us on the business side. Also, GLO lawyers, including their partners, are very easy to communicate with, patient and hard-working.” – Investment funds 

“Professional and efficient transaction service.” – Private equity  

“Global Law Office excels in providing professional advice and customer communication. The firm always provides opinions that best meet legal and regulatory requirements while meeting customer needs from a compliance perspective. We are very satisfied with Global Law Office's professional and timely feedback.” – Regulatory  

Jia Gui 

“Always able to provide professional advice and give feedback immediately. One of the best lawyers I used to work together.” 

Shifang Guo 

Commercial insights and good communication. 

Zhao Li 

He's very responsive and result-oriented and focuses on the litigation strategies to achieve the client's goals.” 

Jerry Liu 

Jerry is very professional and always provides legal advice and solutions to clients in a timely manner. He is also humorous and knowledgeable.” 

Xianlai Liu 

“He is an expert in investment fund and private equity areas. He can give us professional and one-stop services. 

Shujun Liu 

Apart from general legal issues, she is very skilled in antitrust-related business. For us, she is a very outstanding and indispensable partner.” 

Zhiping Zhu 

He is able to comprehensively control legal risks for clients from the perspectives of investment, transaction structure design and project prospect based on his deep understanding of rules and business models of the entertainment industry and integration and coordination of various resources.” 


Work highlights 

Assisted Haitong UniTrust, Sumitomo Mitsui Bank, CITIC Bank, CMB Wing Lung Bank, E.SUN Bank and Bank of China to sign an ESG-linked syndicated loan agreement for Rmb1 billion ($137 million). 

Acted as the PRC counsel to the deal for International Finance Corporation’s lending to New China Water (Nanjing). 

Acted as the PRC counsel of the lenders for a series of loan financings to the offshore subsidiaries of Lygend Resources & Technology. 

Key clients 

Bank of China, Chong Hing Bank, DJ New Ease Group, Huaxia Financial Leasing. 

JunHe

Top-tier firm JunHe is ranked ‘Outstanding’ across various practice areas, including banking and finance, capital markets, competition/antitrust, corporate and M&A, labour and employment, and tax. Key figures include partner Hui (Nelson) Zhou for banking and finance, Jiang (Joe) Chen for corporate and M&A, Yingling Wei for competition/antitrust, Weining Zou ang George Wang for dispute resolution, Dongpeng Wang for labour and employment, and Chumeng (Jessica) Xu for IP. The firm also welcomed partners including Zhijun Lin, Libin Shi, Zhen Han, Sophie Chen, Sipei Lu, and Xiangyang Ge in 2022 to enhance its practice. 

Client feedback 

The legal terms of the Round D financing contract are good to our company. JunHe always provided feedback on the revised contract in time.” – Capital markets 

Professional and responsible. They always consider their clients.” – Capital markets 

Perfect work.” – Capital markets 

The firm provides detailed consulting advice to the client. They are especially good at providing legal advice in a business view, and their advice is quite practical.” – Corporate and M&A 

Professional, responsive, sophisticated, always meets deadline.” – Corporate and M&A 

The firm provides professional insight about HGR-related consultation.” – Corporate and M&A 

The JunHe team has good business sense and understands our business models well. Their advice is very professional and strategic which helped our company to make a quick decision in a rational manner.” – Corporate and M&A 

Extremely good at co-counselling with international disputes lawyers, very strong strategic and legal judgement, excellent industry and client knowledge.” – Dispute resolution 

JunHe assigned appropriate lawyers with good experience and lawyering skills to accommodate our legal demands, and JunHe lawyers provided legal advice to the maximum extent to serve our business needs.” – Dispute resolution  

“The firm demonstrated extreme professionalism, diligence, and hard-work ethic. They advised in a timely manner with clear articulation on PRC legal knowledge and practices.” – Investment funds 

They have rich knowledge on the legal fields, and their expertise and practice experience help clients.” – Privacy and data protection  

Professionalism, timely response, swift execution and one-stop solution.” – Real estate 

They have expertise on privacy and provide practical recommendations on potential risks.” – Regulatory  

Comprehensive and complete advice and suggestions.” – Technology and telecommunication  

JunHe is a top-tier law firm in handling complex work. JunHe has strong expertise in many highly regulated industry sectors such as telecommunication and cloud services that involve the most complex issues. They always deliver high-quality work products and provide creative solutions for the most difficult regulatory and contractual issues.” – Technology and telecommunication  

Wei Chen 

Chen understands the client's needs and the pharmaceutical industry very well. Chen can provide full service to the client professionally and timely.” 

Kevin Cui 

“Cui manages the team to provide service. Cui consults other lawyers to solve specific problems like tax issues.” 

Ning Liu 

She understands clients needs and requirements well and is very customer-friendly. For any urgent matters, her team could complete them to meet deadlines by hard-working overtime. 

Rui Ma

“With his help, the legal terms of the Round D financing contract are good for the company. He always provided feedback on the revised contract in time.” 

Rui can quickly familiarise himself with my business, and he is good at providing legal services while focusing on business purposes. And, of course, his professional knowledge is good. 

Ma Rui is a very professional and responsible lawyer. He is proficient in various products and services in the field of capital markets, such as IPOs, mergers and acquisitions, etc. In his cooperation with me personally and our fund, he is professional, enthusiastic, and has strong customer service awareness. He always carefully analyses problems, prepares materials, and has demonstrated rich experience in many material issues. When communicating with clients, he can put himself in their shoes and consider their needs and propose constructive solutions. When providing capital market legal services to our fund and invested companies, he has won much praise from our partners and CEOs. 

Shiming Shang 

“Shang is extremely responsive and has problem-solving skills and creativity.” 

Carol Sun 

“Sun considers our various needs, even in supporting us for better engagement with the business team.” 

Yongqiang Yu 

Very talented and experienced in capital markets, M&A, VC/PE.” 

Elvis Zhou

Zhou is an extremely experienced construction lawyer with excellent judgement and talent for creative problem-solving. Zhou is a delight to work with.” 

Frank Zhou 

“Timely, responsive, detailed and patient.” 

Nelson Zhou  

“Zhou is professional. Zhou offers timely response, swift execution, and one-stop solution.” 

Weining Zou 

“Weining is an excellent lawyer. He acted as our external counsel for over five years. He quickly responds to our legal inquiries, understands our business needs, sets up appropriate lawyer team, delivers his legal advice in a timely manner, and his legal advice is practical and workable.” 


Work highlights 

Advised HSBC on the provision of the first loan facility for the Construction of the Hainan Island Tourism Highway. 

Advised a syndicate led by Bank of China (Hong Kong) and Crédit Agricole Corporate and Investment Bank on providing a $4.5 billion overseas sustainability-linked syndicated loan for Syngenta Group. 

Advised 51job on its privatisation. 

Advises China CITIC Bank on its issuance of financial bonds. 

Key clients 

Bank SinoPac Company, CICC, CLSA, China Merchants Securities, Huobi, OCBC Bank, United Overseas Bank. 

Llinks Law Offices

Llinks Law Offices is highly ranked in banking and finance and corporate and M&A. Partner Charles Qin heads the firm’s banking and finance department and has rich experience in capital markets, corporate and M&A, and private equity. Qin and his team regularly advise clients on cross-border and multi-currency transactional issues. 

Client feedback 

“Without the firm’s professional advice, I could never complete the deal.”Real estate 

Bernie Liu  

“Bernie operates at a level second to none.” 


Work highlights 

Assisting Bank of China and its Shanghai branch in issuing legal opinions for the Guotai Junan Lingang Dongjiu REITs project. 

Advising Vanke on its syndicated loan financing. 

Advised a consortium of banks on a $1 billion international arbitration case against a tech company. 

Key clients 

China Continent Property & Casualty Insurance, China Life Asset Management, China Pacific Insurance. 

Shanghai Pacific Legal

Shanghai Pacific Legal specialises in advising domestic and international corporates, financial institutions and Chinese state-owned entities on investments and financings into and out of China. The firm’s banking and finance team has substantial cross-border expertise in international and cross-border banking and finance transactions. Joy Gao is a key contact of the firm’s banking and finance practice. She advises banks and borrowers on a wide range of financings, with a particular focus on bilateral and syndicated finance, real estate finance, acquisition finance and corporate lending. 


Advised Health and Happiness International Holdings on obtaining a USD term loan facility from a syndicate of lenders led by HSBC and comprising Goldman Sachs. 

Advised WuXi AppTec (Hong Kong) on a USD loan facility made available by a syndicate coordinated by HSBC and Standard Chartered. 

Advised Bank of China, on a term loan facility made available to Cart Tire, an offshore subsidiary of Sailun Group.

Zhong Lun Law Firm

Chinese legal powerhouse Zhong Lun Law Firm is ranked ‘Outstanding’ across various practice areas and industry sectors with its well-established teams in both the transactional and contentious arena. With its exceptional experience in complex and high-profile restructuring, M&A and various other transactions, it has assisted many hi-tech businesses in their development and expansion. Construction and project development have traditionally been the firm’s core practices, its expertise has also expanded to real estate, infrastructure and PPP, energy, public facilities and industrial manufacturing. Key partners to note from the firm are Shanghai-based partner Anthony Zhao, who specialises in capital markets, private equity, and cross-border investment/M&A, and Beijing-based partner Jihong Wang, whose practice covers corporate governance, health, safety, environmental protection and financing. The firm welcomed six partners including Qunwei Lu to further boost its first-class capital markets practice during the research cycle.

Client feedback 

“We are served by the firm's team led by partner Chongwen Li. They responded to our needs promptly, professionally and meticulously. They are good at grasping the core legal issues in complex cases and proposing effective solutions. I attended the hearing of the case in Jilin High People’s Court and was impressed by the excellent argument skills of the two counsels.” – Dispute resolution  

“We were deeply impressed by the service quality and service level of Zhong Lun Law Firm and their team. The lawyers can accurately and quickly understand our needs and can respond and respond accordingly. In terms of professional ability, they are very familiar with the laws and regulations in the professional field and can make professional judgements based on our problems.” – Regulatory  

“Firstly, the background of the project is complex, involving changes in actual use and the newly issued rental housing policy, and there is a relatively complex transaction structure. They quickly grasp new information, understand the essence of transactions, and complete the work with high quality. Secondly, they are able to complete heavy work in a tight time frame, which was highly praised by both parties.” – Real estate 

Professional and high quality.” – Real estate  

The Zhong Lun bankruptcy team is a professional, responsible and highly cooperative team. Zhong Lun consistently provides satisfactory solutions and problem-solving paths for its clients.Restructuring and insolvency  

Chongwen Li 

“He is always able to grasp the latest legal trends. In addition, he always puts his clients first, prioritises our needs.” 

“Very professional and leads a well-coordinated team. Always helps us to obtain favourable results.” 

Xiangwen Liu  

“Mr. Liu Xiangwen has excellent professional ability. In specific projects, he can understand our internal pain points and proposes practical solutions for enterprises based on the actual situation of those enterprises.” 

Fangrong Wu 

“Professional, efficient, high quality and timely.” 

Shengfeng Xu 

“Mr. Xu has been deeply involved in bankruptcy law for over 20 years and has handled numerous influential cases in China. Several of his cases have been selected as typical cases by the Supreme People's Court. His professional capability has been recognised and praised by courts, clients, and intermediary institutions. In addition to a PhD degree, he is proficient in writing and has published multiple books and articles on bankruptcy law.” 

Rui Zhang 

“She has strong work abilities and is able to complete complex tasks under heavy pressure.” 


Work highlights 

Advised International Finance Corporation on its $700 million loans to two Vietnamese subsidiaries of a Chinese listed company. 

Representing China Yto Group Finance Corporation on its dispute involving misrepresentation and insider transaction against Shanghai Pudong Development Bank. 

Advised East West Bank on its acquisition financing to a Hong Kong fund to finance the fund’s acquisition of a PRC target company. 

Advised Blackstone Group on the financing of its offshore private equity fund at an amount of around $960 million granted by the syndicate arranged by ANZ, Barclays and DBS for the acquisition of Interplex from Baring Private Equity Asia. 

Key clients 

Bank of Communications, Bizlink Holding, China Construction Bank Corporation, Shanghai Pudong Development Bank, Export-Import Bank of China.

Zhong Yin Law Firm

Zhong Yin Law Firm has extensive experience in bankruptcy reorganisation and liquidation. It is particularly skilled at handling dissolution and liquidation, bankruptcy liquidation, reorganisation, reconciliation, enterprise restructuring, debt restructuring and resettlement of employees of state-owned enterprises and relevant legal business. Partner Xinjian Yuan is the director of the firm’s bankruptcy department. Other key partners include Zhenyu Liu, Zetao Wu and Penghe Yan. 


Work highlights 

Advised on one of China’s biggest lenders on a non-standard credit financing project. 

Capital markets
AllBright Law Offices

Founded in 1999 with branch offices in 20 cities across China, full-service law firm AllBright Law Offices is known for its expertise in capital markets, corporate and M&A, dispute resolution and tax. Senior partner Fangzhou (Ark) Bao is experienced in providing legal services to companies regarding corporate restructurings and IPOs in both domestic and overseas stock exchanges.  

Client feedback 

“Professional, efficient and enthusiastic.” – Aviation and shipping 

“Besides legal advice, Allbright provides practical ways to solve the issue with commercial consideration, and brings value-added service.” – Aviation and shipping 

“Good legal and communication skill.” – Corporate and M&A 

“Good knowledge of the transaction background, knows very well about all the transaction documents, can make proper recommendations to the clients. Very responsive, can meet the client's requests re timing.” – Corporate and M&A 

Fang Cao 

“Fang Cao is the focal point of Allbright to handle our cases in China, he's familiar with our style and is competent in practice.” 

David Li 

“Excellent legal skill and project experience.” 

“Always accessible, responsive, good knowledge about the whole deal.” 

Yuheng Zhang 

“Professional, efficient and enthusiastic.” 


Work highlights 

Advised Shanghai International Airport on issuing shares to purchase assets and raising matching funds and related transactions. The case is the largest restructuring project (excluding supporting financing) in the past seven years for enterprises affiliated to the Shanghai State-owned Assets Supervision and Administration Commission of the State Council. 

Advised Huaxia Eye Hospital Group on its A share IPO.  

Key clients 

Nanjing Jiangbei New Area Public Holding Group, Shanghai Baixinan Biotechnology, Shanghai Model Organism Technology, Xi'an West Test Technology. 

Beijing Grandway Law Offices

Headquartered in Beijing with branch offices in Shanghai, Shenzhen, Chengdu, Xi’an and Hong Kong, Beijing Grandway Law Offices is best known for its capital markets practice. The firm also excels in a number of other practice areas, such as corporate and M&A, dispute resolution and real estate. A key partner to note is Liguo Zhang, who has a track record of providing legal services to corporations on matters related to IPOs, M&A, refinancing, securities investment funds and equity incentives. The firm welcomed partner Jie Yang, Xun Zhao and Jindan Ni to its capital markets team in the last 12 months. 

Client feedback 

“The firm is very client-centric.” – Real estate 

Echo Liu 

“Very client-oriented and provides excellent service to her clients.” 


Work highlights 

Advised Zhejiang Leapmotor Technology on its IPO on the Main Board of HKEX. As the first new energy vehicle to land on the HKEX in the form of H shares, Leapmotor’s successful listing can provide a useful reference for similar enterprises. 

Advised Ningbo Shanshan on the issuance of global depository receipts (GDRs) on the SIX Swiss Exchange, raising a total of approximately $319 million. The deal made the issuer one of the first A-share listed companies in China to issue GDRs and officially enter the SIX Swiss Exchange 

Advised CloudWalk on its IPO on the STAR Market of the Shanghai Stock Exchange. 

Key clients 

Fujian Kuncai Material Technology, Ji'an Mankun Technology, Ligao Foods, SMO ClinPlus. 

Chance Bridge Law Firm

Founded in 2011, Chance Bridge Law Firm's main areas of practice include antitrust, capital markets, compliance, restructuring, construction, cross-border investment and financing, dispute resolution and IP. Managing partner Ning Zhu focuses her practice on capital markets and cross-border investment and financing. The firm lured Diyun Hong from JunHe, alongside with four new partners in the last 12 months.


Work highlights

Advised Jinhui Mining on its IPO on the main board of the Shanghai Stock Exchange.

Advised Haoji Railway on its non-public offering of corporate bonds with an amount of Rmb9 billion ($1.2 billion).

Commerce & Finance Law Offices

Commerce & Finance Law Offices provides a comprehensive and diverse array of legal services that range from capital markets, corporate and M&A and dispute resolution to restructuring and insolvency. The firm has etched itself a formidable niche in the China legal landscape with its concentration on representing overseas companies that have investment interests in China. Its capital markets team has assisted many companies in completing their IPOs, refinancing and offering of bonds and other securities in the capital markets arena. Its dispute resolution practice, on the other hand, hosts a stable of litigators including Hongji Li and Jialu Wang, who have proven adept with a particular focus on the commercial disputes space. 

Client feedback 

“Professional, dedicated and high efficiency. The firm always provides professional advice for its client.” – Intellectual property  

“They are very professional, passionate, efficient, and great at what they should do for the customers. They are also willing to go the extra mile to exceed our expectations.” – Intellectual property 

“Rich knowledge and experience in the law and local practice. Good and efficient communication with client and delivered results beyond expectation.” – Labour and employment  

Jing Chen 

“Jing Chen is good at managing complicated cases and offering suitable advice on the issues that other firms might get lost. She is very experienced at giving the whole picture of solving the issues when it is related to multi-party benefits. She is also great at communicating with different people with different backgrounds and personalities. She is patient when she is explaining the legal documents and always puts herself in the customer’s shoes to evaluate the solutions.” 

Jing Gong 

“Professional and high efficiency.” 

Freddy Huang 

“Smooth and intime communication with client, deep understanding of local jurisdiction and make efforts to deliver the expected service to client.” 


Work highlights 

Advised Morgan Stanley, Credit Suisse and China International Capital Corporation on the secondary listing of NIO on the main board of the HKEX. 

Acted for co-issuing managers Credit Suisse and Goldman Sachs on NIO’s secondary listing on the main board of the Singapore Exchange. 

Advised Zhaoshang Port and Ningbo Port to complete non-public issuance of A shares. 

Key clients 

CICC, Goldman Sachs, Haohua Chemical Science & Technology, Huatai Financial Holdings, Morgan Stanley, Sunshine Insurance Group Company. 

Dacheng Law Offices

Dacheng Law Offices is ‘Highly recommended’ in our construction, labour and employment, restructuring and insolvency tables. The firm is best known for its speciality in handling matters across the spectrum of transportation and infrastructure. Through cooperation with the government and enterprises in major construction projects, the team has accumulated extensive experience in public-private partnerships (PPPs). Based in Beijing, senior partner Huazhi Yuan heads the firm’s real estate and natural resources practices. Real estate, construction, PPP, mineral resources and general corporate law are some of his core practices. 

Client feedback 

“Dentons China is highly recommended in the field of energy and corporate laws, the expertise and efficiency represented by partner Chang and her team members is evident and impressive.” – Corporate and M&A 

“High professional level, good service, reasonable fees, high win rate.” – Dispute resolution 

“As a massive legal platform, Dentons China is filled with experts in various fields, including energy and construction, and it is able to form temporary teams for solving different types of cases.” – Energy  

“The main advantages of Dentons China lie in its professionalism, overall perspective, and the professionalism.” – Intellectual property  

“High level of expertise. Client oriented. Great sense of the combination of business purpose and laws.” – Intellectual property  

“Dentons China has been providing legal services for us for a very long period, we witnessed its expansion of business scale and growth of depth of expertise in various fields. With a strong base of experts, Dentons China is capable of providing detailed and comprehensive legal solutions for specific problems. While obvious legal risks are apparent, Dentons would be able to discover the risk underneath the surface.” – Real estate 

“Professional service, rich experience in real estate, and integrity. The firm helped the company to avoid many legal risks and has been valuable for us for years.” – Real estate 

“The most obvious advantage Dentons China has is that they are a global-based law firm which focused on various legal fields. As the complexity and scale of our business is constantly rising after the pandemic, Dentons China is able to provide the legal service that we require.” – Real estate 

“Dentons China is widely known for its massive team of legal personnel in various fields. In the process of several projects participated in by Dentons China, their team managed to secure our interests by designing project structures and reviewing all related agreements. Lawyers from Dentons China demonstrated full endeavour for the matters of our concern.” – Real estate 

“The overall leader of the team, Lawyer Gao, is a lawyer specialising in the field of bankruptcy reorganisation. Lawyer Gao has formed a large and experienced team of lawyers to support this project. She and her team are very professional in handling bankruptcy-related issues, and the entire team responds promptly and efficiently. During the process, we felt that our company had extremely smooth communication with any lawyer within the team.” – Restructuring and insolvency 

Qing Chang 

“Qing is a very sophisticated lawyer and has been providing legal service for real estate corporations for more than a decade. During this process, she has been watching over the development of the industry, which has helped her to predict the future development of certain law and policies.” 

“Lawyer Qing and her teammates are all very good at responding to our request speedily. They truly demonstrated that their actions are highly effective and responsive. As a lawyer, Qing is not only professional but also diligent, and Qing has helped our corporation to avoid potential legal risk.” 

“Lawyer Qing has successfully constructed a very sophisticated team targeted in the field of real estate and construction. Her outstanding capability in solving real estate legal matters with innovative methods are widely recognised by my colleagues who participated into the project. While facing substantial obstacles discovered during the due diligence investigation, lawyer Qing managed to design compatible and effective mechanisms in the agreements, which enabled us to manage the potential risks.” 

“Partner Qing Chang provided full-process legal assistance for the transformation of the energy project. Based on the situation of the project and other factors, she optimised our interests during negotiations and the draft of legal documents. Since the project is vital to the financing of the operation, partner Qing Chang managed to solve our problems at a very responsive fashion with high-quality outcomes.” 

“As a long-term partner, Lawyer Qing is a very capable and reliable real estate lawyer, who has clearly accumulated tremendous knowledge and practical experience in real estate and construction. Her ability to acquire new knowledge from a novel legal field and utilise it in solving practical matters is very impressive. With the help of her team, we successfully ensured and secured the steady growth of the project without crossing any red lines.” 

Meili Gao 

“As the lead lawyer for the entire project, the deepest impression is that, firstly, she is very professional and often discovers potential factors that are unfavourable to our clients in the tense business negotiation process. She provided reminders and helped us avoid many possible legal risks. Secondly, her communication skills are very strong, and we feel very reassured that she is responsible for coordinating with all parties. Through countless rounds of friendly but authoritative negotiations between lawyer Gao and the government, the other party's managers, and relevant business leaders, the entire project has been promoted more smoothly. She has excellent overall planning skills, and under her leadership, the team has enabled everyone to leverage their strengths and achieve perfect collaboration among team members.”  

Tao Li 

“Professional, precise, tenacious, humble, kind, conscientious.” 

Charles Wu 

“Very experienced and professional. Charles greatly helps us to manage risk.” 


Work highlights 

Advised CITIC Securities on the issuance of 2022 Phase I asset-backed notes for Xuzhou Construction Machinery Group. 

Advised Baijiayun on its listing on Nasdaq through the acquisition of Fuwei Films. 

DaHui Lawyers

DaHui Lawyers has extensive experience in capital markets transactions and has served as PRC counsel for issuers and underwriters in both equity and debt offerings in the US and Hong Kong, handling IPOs, secondary offerings, bond offerings and private placements. Managing partner of DaHui Lawyers, Richard Ma, has more than 20 years of experience in representing companies in capital markets, M&A, investments and compliance matters. His industry strengths are in media and entertainment, and technology and telecommunications. The firm hired a number of new partners in the last 12 months: Yun Chen from Baker McKenzie FenXun, Reking Chen from DLA Piper, Jiawen Gong from Jia Yuan Law Offices, and Yi Dai from Wang Jing & Co. 


Work highlights 

Advised Prenetics on PRC-related issues to merge with a Spac listed on Nasdaq and become a public company post-merger. 

Assisted a Chinese state-owned conglomerate in the issuance of guaranteed bonds. 

DeHeng Law Offices

DeHeng Law Offices specialises in acquisition finance and project finance. Partner Xu (Jennifer) Zhang is experienced in cross-border financing, including syndicated lending, asset finance and sovereign loans. The firm now has 38 branch offices in China and 11 branch offices in foreign countries. 

Client feedback 

“They have a positive work attitude, rich knowledge on construction management and law, rich experience in solving difficult problems, and work efficiently.” – Construction  

“The lawyers’ service attitude of this law firm is very good. Their communication with us is smooth, and cooperation is good. They have rich experience in construction project bidding, contract management, and other fields, which has greatly helped us.” – Infrastructure 

“The law firm is particularly responsive and has a strong ability to solve difficult problems.” – Infrastructure 

“This team is very dedicated, responsible, and professional in the process of cooperation with our company. Shen Wei is recognised for his enviable expertise in labour dispute resolution. We look forward to working with this team in the long term.” – Labour and employment  

Hongyuan Li 

“Lawyer Li is very patient, always patiently answering our difficult questions, and he always develops clever solutions when facing complex problems, which greatly helps our company's work.” 

“Li has a high level of legal service. He has good cooperation with our employees and has achieved good work results.” 

Shen Wei 

“Shen Wei is a key figure at DeHeng. In addition to being known for handling labour arbitration and litigation cases, he was also praised for serving as an arbitrator.” 


Work highlights

Advised CNOOC, one of the largest national oil companies in China, on its listing on Shanghai Stock Exchange.

Advised Eve Energy on its private placement of A shares.

Advised China Three Gorges Corporation on the issuance of exchangeable corporate bonds in the field of “green technological innovation”. This project was the first exchangeable corporate bond of this type in China and the first green technological innovation bond on the Shanghai Stock Exchange.

Key clients

Huatai Securities, Jiangsu Leadmicro Nano Technology, Shanghai Ziyan Foods, State Grid Corporation Of China, Suzhou Novoprotein Scientific.

Fangda Partners

Top-tier firm Fangda Partners dominates the majority of ranking tables. The firm also moved up to the ‘Outstanding’ tier in this year’s media and entertainment rankings. Its regulatory team provides one-stop compliance and government enforcement services, including corporate investigations, government enforcement, compliance advisory and related contentious matters. A key partner to note in the team is Kate Yin, who is a recognised leader in complex government enforcement, internal investigation and regulatory compliance, especially for challenging cross-border matters. Corporate partner Jeffrey Ding attends to a varied practice composed of capital markets, corporate M&A and private equity, while Pu (Alexandra) Yang is a long-time authority in the intellectual property capacity. Gordon Gao, a renowned figure in IP, left the firm in May 2022 for King & Wood Mallesons, and the firm’s IP team welcomed Wen Zou and Michelle Ning from Gen Law Firm. 

Client feedback 

“Always find solutions to dilemmas, which will facilitate the transaction until the completion of the transaction. Always careful, diligent and efficient.” – Banking and finance 

“Fangda advised us on legal compliance and assisted us in private equity financings. Most importantly, they provided legal services for IPO matters and resolved legal issues for the company going public.” – Capital markets 

“Valuable experience in the debt market, good network, excellent communication skills with clients with different background, responsive and diligent services.” – Capital markets 

“Deep industrial insights and flexible fee arrangement.” – Corporate and M&A 

“The Fangda team helpfully identified evidence proving misbehaviours by employees.” – Dispute resolution 

“Fangda represented us in the deal and supported all the way from term sheet drafting, legal due diligence, to close documents negotiations and communication with the multiple stakeholders. They have been very responsive, helpful and professional.” – Private equity  

“The Fangda team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are very professional and hard-working.” – Private equity  

“They provided prompt response and insight into the legal nature of the relevant arrangement. Their advice reminds us of the blind point that we missed.” – Real estate 

“Fangda Partners is adept at responding to clients' questions quickly and efficiently and giving answers from a practical perspective.” – Technology and telecommunications 

Christine Chen 

“Christine has in-depth knowledge and experience in advising sophisticated international issuers and on local law issues. By providing practical and thoughtful solutions to complicated or tricky legal issues in the course of bond issuance, Christine has gained deep trust and respect from us. Her advice and constant contribution are immensely helpful to the successful execution of cutting-edge debt offering transactions.” 

Frank Fan 

“Prompt response with perspectives and thoughts.” 

Helen Fan 

“Helen oversaw the transaction and guided her team to work through the deal efficiently.” 

Diana Li 

“Deep industrial insights. Quick response.” 

Devan Shao 

“Devan provided invaluable advice on SDK compliance and trade secret protection.” 

Judy Tan 

“Judy is experienced in the aviation area and can always find a solution to dilemmas.” 

Yiru Wang 

“The team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are very hard-working.” 

Kate Yin 

“Yin led the whole team to conduct investigation and completed the task in line with the timetable, the team helpfully identified solid evidence against the employees concerned.” 


Work highlights 

Acted as the legal counsel to InnoCare on its A-share issuance and listing on the Shanghai Stock Exchange (SSE) STAR market. 

Advised Asian Infrastructure Investment Bank on its first sustainable development bond issuance in China. This is the first sustainable development bond issuance in China by a supranational issuer. 

Acted as the legal counsel to Hi-trend Technology, advising throughout on its SSE STAR Market issuance and listing. 

Advised Motorcomm Electronic Technology on its successful listing on the STAR Market of SSE. 

Acted as the PRC legal counsel to the underwriters and provided legal services for Hesai Group’s Nasdaq listing. 

Advised Kingsoft Cloud Holdings on its successful dual-primary listing by way of introduction on the main board of the HKEX. 

Key clients 

AIA Life Insurance, Bank of China, China Construction Third Engineering Bureau Group, CICC, Goldman Sachs, Morgan Stanley. 

Global Law Office

Global Law Office is one of the ‘Outstanding’ firms in banking and finance. The firm’s banking and finance team has extensive experience in onshore, offshore and cross-border financing work, covering bilateral and syndicated loans, project finance, acquisition finance, real estate finance, asset finance, trade and ECA-backed finance. Lawrence Lin leads the firm’s banking and finance team. The firm’s private equity team got a further boost with the hiring of six partners in the last 12 months.

Client feedback 

Professional.” – Competition/antitrust  

Practical approach instead of theoretical analysis, timely response, understanding of business environment and solution-driven attitude.” – Corporate and M&A 

Provide professional advice on the litigation and they do it very well.” – Dispute resolution 

“Their team's dedication, solution-driven attention to detail and professionalism in handling sensitive issues have left a lasting impression on me.” – Dispute resolution 

GLO worked as the lawyer of CPE, and mostly achieved CPE's initial goal.” – Dispute resolution 

They are efficient and professional. They always help us to solve the problems in time.” – Investment funds 

“GLO lawyers are very knowledgeable and experienced in fund management and media and entertainment practices. They have been very efficient and responsive to our requests. In particular, with industrial knowledge in media and entertainment industry, GLO is able to not only assist us in identifying legal risks and providing effective legal solutions but also is able to advise us on the business side. Also, GLO lawyers, including their partners, are very easy to communicate with, patient and hard-working.” – Investment funds 

“Professional and efficient transaction service.” – Private equity  

“Global Law Office excels in providing professional advice and customer communication. The firm always provides opinions that best meet legal and regulatory requirements while meeting customer needs from a compliance perspective. We are very satisfied with Global Law Office's professional and timely feedback.” – Regulatory  

Jia Gui 

“Always able to provide professional advice and give feedback immediately. One of the best lawyers I used to work together.” 

Shifang Guo 

Commercial insights and good communication. 

Zhao Li 

He's very responsive and result-oriented and focuses on the litigation strategies to achieve the client's goals.” 

Jerry Liu 

Jerry is very professional and always provides legal advice and solutions to clients in a timely manner. He is also humorous and knowledgeable.” 

Xianlai Liu 

“He is an expert in investment fund and private equity areas. He can give us professional and one-stop services. 

Shujun Liu 

Apart from general legal issues, she is very skilled in antitrust-related business. For us, she is a very outstanding and indispensable partner.” 

Zhiping Zhu 

He is able to comprehensively control legal risks for clients from the perspectives of investment, transaction structure design and project prospect based on his deep understanding of rules and business models of the entertainment industry and integration and coordination of various resources.” 


Work highlights 

Advised MultiMetaVerse on its de-SPAC merger with Model Performance Acquisition Corp. Upon completion of the merger, the resulting combined company became MultiMetaVerse Holdings. 

Advised Asian Infrastructure Investment Bank on the issuance of 2022 RMB Bonds Series 1 sustainable development bonds with an amount of Rmb1.5 billion. 

Advised Jadard Technology on its IPO on the STAR Market. 

Advised Mexin Yishen Machinery's listing on the National Equities Exchange and Quotations. 

Advised Xi'an High Voltage Apparatus Research Institute on its listing on the STAR Market. 

Key clients 

AustAsia Group, GLP China Holdings, Mercedes-Benz International Finance, Prime Number Capital. 

Guantao Law Firm

With 13 offices in China, Guantao Law Firm provides legal services across all practice areas. The firm is ranked ‘Highly recommended’ in restructuring and insolvency. Its team advises non-bank financial institutions on dissolution liquidation, insolvency liquidation and insolvency reorganisation. Managing partner Liguo Cui has expertise in transactional law with a focus on aviation, financial services, manufacturing, pharmaceuticals and healthcare.


Work highlights 

Advised Guizhou Zhenhua Fengguang Semiconductor on its IPO on the STAR Market in Shanghai. 

Advised underwriters on Shanghai Lingang Group’s issuance of the world’s first green dual-currency free trade zone offshore bond. 

Advised GigaCloud Technology on its IPO on Nasdaq. 

Advised Aluminium Corporation of China on its issuance of $600 million senior bonds overseas. 

Key clients 

Bank of Dalian, Beijing Jingwei Hirain Technologies, Qingdao Military and Civil Integration Development Group, Shandong Sun Paper, Shanxi Coking Coal Energy Group. 

Hai Run Law Firm

Hai Run Law Firm was formed by the merger of Beijing Hairun Law Firm and Beijing Teamray Law Firm in 2018. Capital markets is the firm’s core strength. Its securities and capital markets department consists of 120 lawyers, including 20 partners and 100 practising lawyers. Senior partner Kebing Yan heads the firm’s capital market practice. He focuses his practice on securities and finance, including restructuring and reorganisation, IPOs and listings, listed company M&A and asset securitisation. 


Work highlights 

Advised Hwatsing Technology on its Rmb3.64 billion ($499 million) IPO on the Shanghai STAR Market. 

Advised Sansec Technology on its Rmb1.5 billion IPO on the Shanghai STAR Market. 

Advised Yongtaiyun on its Rmb790 million IPO on the main board of Shenzhen Stock Exchange. 

Key clients 

China Technology Exchange, Dajin Heavy Industry, Jilin Province Xidian Pharmaceutical Sci-tech Development, Newonder Special Electric, Senton Energy. 

Haiwen & Partners

Founded in 1992, Haiwen & Partners is experienced in cross-border securities, M&A transactions, private equity, and general corporate and commercial dispute resolution. Media and entertainment is one of the firm’s key industry sectors. It is often involved in the development of film and television projects, formation of production and financing vehicles, and other new media matters. The firm currently has around 300 lawyers in total working at its Beijing, Chengdu, Hong Kong, Shanghai and Shenzhen offices. Beijing-based partner Yu Cao is a reputable entertainment lawyer. On top of his profound understanding of the media industry, he is also experienced in general corporate and finance transactions. The firm lured corporate partner Chensheng Qiu to its bench from Fangda Partners in 2021.

Client feedback 

Professional, efficient, extensive experienced and very easy to talk with.” – Aviation  

Their professionalism and hard work make our aircraft delivery smoothly and efficiently.” – Aviation  

Han Kun Law Offices always provides us with prompt and practicable legal advice, helping us to cope with various legal issues and support the business team effectively.” – Banking and finance  

They always find solutions to dilemmas to facilitate the transaction. Good at communication for both sides when negotiating.” – Banking and finance 

Responsive and professional.” – Capital markets 

They provided very comprehensive proposals to protect our interests in either negotiation or in closing the deal. They efficiently and promptly provide feedback every time we ask for help. They have deep understanding of the consumer market.” – Capital markets 

Han Kun is familiar with the competition regulation in China and the best practice to deal with the regulator. Han Kun is excellent in the preparation of the filing documents the team can always spot the key issues to address in the responses to the regulators' queries and propose the most pragmatic and appropriate way to address the issues.” – Competition/antitrust 

A top-tier full-service law firm with many legal elites and sophisticated and seasoned legal professionals. Among the years co-working with the firm, it did not take too long to have me fully convinced and therefore ensured of the deep trust in the firm and the partners on not only retaining them to do any project on routine or urgent base, but also establishing a profound friendship, professional-wise and private-wise.” – Corporate and M&A 

Han Kun provides very helpful and thoughtful advice in all the assignments I gave them.” – Corporate and M&A 

Professional, result-oriented, responsive, skilful and strategic.” – Dispute resolution  

Sound abilities on analysing the complex case and solid preparation of the evidence.” – Dispute resolution 

Quite responsive. Strong commercial sense.” – Investment funds 

Solid legal knowledge, very responsive and professional.” – Labour and employment  

With their professional lawyers, they actively defended for us, did rigorous research within the domain and dug out good old cases which provided us with advantages during the trial.” – Media and entertainment 

Very professional and efficient.” – Private equity  

Han Kun Law Offices provided exceptional legal services throughout the entire process. Their expertise in the intricacies of private equity transactions and their understanding of the specific challenges and regulations within the life sciences industry were evident in their work.” – Private equity  

The Han Kun team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are client-focused. They are very responsive and always work around the clock.” – Private equity  

Quick response, first priority, practical and commercially driven, professional.” – Real estate 

Professional, timely response, deep industry knowledge, client-oriented.” – Regulatory  

In addition to professionalism and highly sophisticated skills, Michelle's team knows well about corporate operation and pain points. They can provide landing solutions.” – Regulatory  

“Accurate legal services. They have the ability to solve problems and have a positive service attitude.” – Tax 

Xiaoming Deng 

“Mr. Deng is very professional in securities litigation, especially the area of securities misrepresentation and fraud. I think he is one of the best lawyers in this area in China. Mr. Deng has great enthusiasm for his profession. He is always glad to discuss the question I asked. 

Yi Ding 

“Good at communication, can always find a solution when negotiation has come to a dead end.” 

Shiwen Dong 

Has a strong sense of problem-solving.” 

Chaoying Li 

Chaoying Li always handles our sophisticated legal issues and coordinates the resources we need inside Han Kun.” 

Huhuan Li 

He works professionally and highly efficiently.” 

Sheng Li 

Responsive and professional.” 

Zeda Lin

Lin offers very good legal advice.” 

Liyu Jin 

Good communication skills, rich experience in handling arbitration.” 

Denling Jin 

“Professional, problem-solving, skilful, strategic and responsive.” 

Michelle Gon

Michelle's leadership and ownership is strong. She responds swiftly with abundant experience.” 

Jin Qian 

“Strong commercial sense. Responsive. Good local knowledge. Qian also provides regular follow-ups and newsletters for legal developments.” 

Vincent Song 

Song’s comprehensive understanding of the consumer market and our company makes him always provide good advice. Song is very professional in terms of fund raising and company legal structure set up. He is efficient and always on call to provide feedback.” 

Dan Sun 

Sun has good communication skills, full knowledge of both the legal regulations and company. Sun also has a trouble-shooting attitude.” 

David Tang 

A top legal practitioner with marvellous leadership.” 

Huan Wang 

Huan has been our first choice of legal counsel for over 10 years. He is also a well-known lawyer in capital markets and private equity in China in the TMT sector and traditional industries. Huan has deep professional knowledge in various sectors with high flexibility in problem solving.” 

Dana Wu 

Wu is very reliable and knowledgeable. She is the go-to person when our company comes across tough legal matters. She also maintains a good relationship with her colleagues and can always find the right person to advise us when it comes to an area with which she is not familiar.” 

Shu Wang 

Ms. Wang Shu is skilled, fantastic and outstanding in the areas.” 

Wang is very professional, efficient, extensively experienced and very easy to talk with.” 

Angus Xie 

Angus's expertise in competition law is commendable, with a deep knowledge of the legal framework and antitrust regulations in China. Angus is familiar with international transactions and is able to provide insightful and effective legal advice to foreign clients. Angus and his team's analytical skills and attention to detail enable them to provide insightful and effective legal advice to clients. They are renowned for their strategic thinking and problem-solving abilities. They consistently demonstrate professionalism, integrity and a client-centric approach in their practice, ensuring that their clients' needs are met effectively and efficiently.” 

Liming Yuan 

“With extensive corporate M&A experience, state-of-the-art drafting skills and a deep understanding of client needs, Liming provides customised legal support to always get the job done right.” 

 

Li Zhang 

Li demonstrated a deep understanding of the legal and regulatory landscape governing private equity investments.” 

Ting Zheng 

Ting is very responsive and has solid banking-related knowledge in a quite broad way, no matter whether data-related or just loan-related.” 


Work highlights 

Advised China Tourism Group Duty Free Corporation on its Hong Kong IPO. 

Advised Gotion High-tech on its global depositary receipts listing on SIX Swiss Exchange. This is one of first batch of GDR listings after Chinese regulators expanded an existing stock connect scheme in 2022. 

Advised OneConnect Financial Technology on listing by way of introduction in Hong Kong, making the firm the first financial technology enterprise to land on the HKEX by means of dual main listing.  

Key clients 

BMC Medical, CICC, Lepuxintai Medical Technology, Model Performance Acquisition Corp, Syngenta Group. 

Han Kun Law Offices

Han Kun Law Offices is ranked ‘Outstanding’ in corporate and M&A, investment funds and private equity. The firm has also earned a reputation in capital markets for its performance in representing both domestic and international clients from various emerging industries. Its aviation finance team, on the other hand, is experienced in advising both Chinese and foreign lessors as well as Chinese and foreign banks in their leasing and finance of commercial aircraft and business jets to Chinese airlines.  Based in the firm’s Beijing and Shenzhen office, partner Chaoying (Charles) Li is experienced in public and private financings, M&A, incorporation and corporate restructuring, foreign direct investment, and intellectual property protection. During the research period, Jianhui Li, Xiaoxue (Dana) Wu, Qing (Nick) Shu, Dongni Jiang and Jing (Gilbert) Shen joined the firm as partners. The firm welcomed five partners to enhance its practices across M&A, private equity and investment fund in the last 12 months: Ping Xu and Jianhui Li from Tian Yuan Law Firm, Yan Xia from Shihui Partners, Sheldon Chen and Clarence Chung from Llinks Law Offices.

Client feedback 

Professional, efficient, extensive experienced and very easy to talk with.” – Aviation  

Their professionalism and hard work make our aircraft delivery smoothly and efficiently.” – Aviation  

Han Kun Law Offices always provides us with prompt and practicable legal advice, helping us to cope with various legal issues and support the business team effectively.” – Banking and finance  

They always find solutions to dilemmas to facilitate the transaction. Good at communication for both sides when negotiating.” – Banking and finance 

Responsive and professional.” – Capital markets 

They provided very comprehensive proposals to protect our interests in either negotiation or in closing the deal. They efficiently and promptly provide feedback every time we ask for help. They have deep understanding of the consumer market.” – Capital markets 

Han Kun is familiar with the competition regulation in China and the best practice to deal with the regulator. Han Kun is excellent in the preparation of the filing documents the team can always spot the key issues to address in the responses to the regulators' queries and propose the most pragmatic and appropriate way to address the issues.” – Competition/antitrust 

A top-tier full-service law firm with many legal elites and sophisticated and seasoned legal professionals. Among the years co-working with the firm, it did not take too long to have me fully convinced and therefore ensured of the deep trust in the firm and the partners on not only retaining them to do any project on routine or urgent base, but also establishing a profound friendship, professional-wise and private-wise.” – Corporate and M&A 

Han Kun provides very helpful and thoughtful advice in all the assignments I gave them.” – Corporate and M&A 

Professional, result-oriented, responsive, skilful and strategic.” – Dispute resolution  

Sound abilities on analysing the complex case and solid preparation of the evidence.” – Dispute resolution 

Quite responsive. Strong commercial sense.” – Investment funds 

Solid legal knowledge, very responsive and professional.” – Labour and employment  

With their professional lawyers, they actively defended for us, did rigorous research within the domain and dug out good old cases which provided us with advantages during the trial.” – Media and entertainment 

Very professional and efficient.” – Private equity  

Han Kun Law Offices provided exceptional legal services throughout the entire process. Their expertise in the intricacies of private equity transactions and their understanding of the specific challenges and regulations within the life sciences industry were evident in their work.” – Private equity  

The Han Kun team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are client-focused. They are very responsive and always work around the clock.” – Private equity  

Quick response, first priority, practical and commercially driven, professional.” – Real estate 

Professional, timely response, deep industry knowledge, client-oriented.” – Regulatory  

In addition to professionalism and highly sophisticated skills, Michelle's team knows well about corporate operation and pain points. They can provide landing solutions.” – Regulatory  

“Accurate legal services. They have the ability to solve problems and have a positive service attitude.” – Tax 

Xiaoming Deng 

“Mr. Deng is very professional in securities litigation, especially the area of securities misrepresentation and fraud. I think he is one of the best lawyers in this area in China. Mr. Deng has great enthusiasm for his profession. He is always glad to discuss the question I asked. 

Yi Ding 

“Good at communication, can always find a solution when negotiation has come to a dead end.” 

Shiwen Dong 

Has a strong sense of problem-solving.” 

Chaoying Li

Chaoying Li always handles our sophisticated legal issues and coordinates the resources we need inside Han Kun.” 

Huhuan Li 

He works professionally and highly efficiently.” 

Sheng Li 

Responsive and professional.” 

Zeda Lin 

Lin offers very good legal advice.” 

Liyu Jin 

Good communication skills, rich experience in handling arbitration.” 

Denling Jin 

“Professional, problem-solving, skilful, strategic and responsive.” 

Michelle Gon 

Michelle's leadership and ownership is strong. She responds swiftly with abundant experience.” 

Jin Qian 

“Strong commercial sense. Responsive. Good local knowledge. Qian also provides regular follow-ups and newsletters for legal developments.” 

Vincent Song

Song’s comprehensive understanding of the consumer market and our company makes him always provide good advice. Song is very professional in terms of fund raising and company legal structure set up. He is efficient and always on call to provide feedback.” 

Dan Sun 

Sun has good communication skills, full knowledge of both the legal regulations and company. Sun also has a trouble-shooting attitude.” 

David Tang 

A top legal practitioner with marvellous leadership.” 

Huan Wang 

Huan has been our first choice of legal counsel for over 10 years. He is also a well-known lawyer in capital markets and private equity in China in the TMT sector and traditional industries. Huan has deep professional knowledge in various sectors with high flexibility in problem solving.” 

Dana Wu 

Wu is very reliable and knowledgeable. She is the go-to person when our company comes across tough legal matters. She also maintains a good relationship with her colleagues and can always find the right person to advise us when it comes to an area with which she is not familiar.” 

Shu Wang

Ms. Wang Shu is skilled, fantastic and outstanding in the areas.” 

Wang is very professional, efficient, extensively experienced and very easy to talk with.” 

Angus Xie 

Angus's expertise in competition law is commendable, with a deep knowledge of the legal framework and antitrust regulations in China. Angus is familiar with international transactions and is able to provide insightful and effective legal advice to foreign clients. Angus and his team's analytical skills and attention to detail enable them to provide insightful and effective legal advice to clients. They are renowned for their strategic thinking and problem-solving abilities. They consistently demonstrate professionalism, integrity and a client-centric approach in their practice, ensuring that their clients' needs are met effectively and efficiently.” 

Liming Yuan 

“With extensive corporate M&A experience, state-of-the-art drafting skills and a deep understanding of client needs, Liming provides customised legal support to always get the job done right.”

Li Zhang 

Li demonstrated a deep understanding of the legal and regulatory landscape governing private equity investments.” 

Ting Zheng 

Ting is very responsive and has solid banking-related knowledge in a quite broad way, no matter whether data-related or just loan-related.” 


Work highlights 

Acted as the PRC counsel for Tencent Music Entertainment Group on its listing by way of introduction on the main board of HKEX. 

Represented Lotus Technology on its de-SPAC and proposed business combination with L Catterton Asia Acquisition. 

Acts as the PRC counsel to Li Auto on its up to an aggregate of $2 billion of American Depositary Receipt shares through the US at-the-market offering. 

Advised TH International on its overseas listing and offering on Nasdaq via a business combination with a special purpose acquisition company. 

Acted as the data compliance counsel to Zhejiang Leapmotor for its IPO in Hong Kong. 

Key clients 

China International Capital Corporation, CMBC Securities Company, Goldman Sachs (Asia), KE Holdings, NIO, Morgan Stanley Asia

Han Run Law Firm

Hai Run Law Firm was formed by the merger of Beijing Hairun Law Firm and Beijing Teamray Law Firm in 2018. Capital markets is the firm’s core strength. Its securities and capital markets department consists of 120 lawyers, including 20 partners and 100 practising lawyers. Senior partner Kebing Yan heads the firm’s capital market practice. He focuses his practice on securities and finance, including restructuring and reorganisation, IPOs and listings, listed company M&A and asset securitisation. 


Work highlights 

Acted for Beijing Tieke Shougang Railway-Tech on its listing on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange (SSE). 

Acted for Amic Technology Development on its listing on the ChiNext of the Shenzhen Stock Exchange. 

Acted for Ningxia Xiaoming Agriculture and Animal Husbandry on its listing on the Growth Enterprise Market (GEM) of the Shenzhen Stock Exchange (SZSE). 

Key clients 

Arctech Solar HoldingBeijing Bohui TechnologyShanghai Huafeng AluminumXiangyang Boya Precision EquipmentZhejiang Aoxiang Pharmaceutical 

Jia Yuan Law Offices

Headquartered in Beijing with branch offices in Shanghai, Shenzhen, Hong Kong, Guangzhou and Xi'an, Jia Yuan Law Offices is ranked ‘Highly recommended’ in capital markets. The firm specialises in capital markets, corporate and M&A, financial and international businesses. Senior partner Liangjuan Wen has expertise in corporate restructuring, refinancing and M&A. 


Work highlights 

Acted as the PRC legal adviser for sponsor and underwriter in the Hong Kong IPO of China Tourism Group Duty Free Corporation. This is the largest IPO financing in the global tourism retail industry in the past 16 years and the first share offerings of the tourism retail industry in the Hong Kong market. 

Advised CALB on its IPO in Hong Kong. This is the first share offerings of power batteries in Hong Kong stocks and the third largest IPO project in Hong Kong in 2022.  

Advised China Securities, the lead underwriter in the Hong Kong IPO of Mega Genomics. 

Key clients 

CITIC Securities Company, Jiangsu Asieris Pharmaceuticals, Tuya Smart. 

JunHe

Top-tier firm JunHe is ranked ‘Outstanding’ across various practice areas, including banking and finance, capital markets, competition/antitrust, corporate and M&A, labour and employment, and tax. Key figures include partner Hui (Nelson) Zhou for banking and finance, Jiang (Joe) Chen for corporate and M&A, Yingling Wei for competition/antitrust, Weining Zou ang George Wang for dispute resolution, Dongpeng Wang for labour and employment, and Chumeng (Jessica) Xu for IP. The firm also welcomed partners including Zhijun Lin, Libin Shi, Zhen Han, Sophie Chen, Sipei Lu, and Xiangyang Ge in 2022 to enhance its practice. 

Client feedback 

The legal terms of the Round D financing contract are good to our company. JunHe always provided feedback on the revised contract in time.” – Capital markets 

Professional and responsible. They always consider their clients.” – Capital markets 

Perfect work.” – Capital markets 

The firm provides detailed consulting advice to the client. They are especially good at providing legal advice in a business view, and their advice is quite practical.” – Corporate and M&A 

Professional, responsive, sophisticated, always meets deadline.” – Corporate and M&A 

The firm provides professional insight about HGR-related consultation.” – Corporate and M&A 

The JunHe team has good business sense and understands our business models well. Their advice is very professional and strategic which helped our company to make a quick decision in a rational manner.” – Corporate and M&A 

Extremely good at co-counselling with international disputes lawyers, very strong strategic and legal judgement, excellent industry and client knowledge.” – Dispute resolution 

JunHe assigned appropriate lawyers with good experience and lawyering skills to accommodate our legal demands, and JunHe lawyers provided legal advice to the maximum extent to serve our business needs.” – Dispute resolution  

“The firm demonstrated extreme professionalism, diligence, and hard-work ethic. They advised in a timely manner with clear articulation on PRC legal knowledge and practices.” – Investment funds 

They have rich knowledge on the legal fields, and their expertise and practice experience help clients.” – Privacy and data protection  

Professionalism, timely response, swift execution and one-stop solution.” – Real estate 

They have expertise on privacy and provide practical recommendations on potential risks.” – Regulatory  

Comprehensive and complete advice and suggestions.” – Technology and telecommunication  

JunHe is a top-tier law firm in handling complex work. JunHe has strong expertise in many highly regulated industry sectors such as telecommunication and cloud services that involve the most complex issues. They always deliver high-quality work products and provide creative solutions for the most difficult regulatory and contractual issues.” – Technology and telecommunication  

Wei Chen 

Chen understands the client's needs and the pharmaceutical industry very well. Chen can provide full service to the client professionally and timely.” 

Kevin Cui 

“Cui manages the team to provide service. Cui consults other lawyers to solve specific problems like tax issues.” 

Ning Liu 

She understands clients needs and requirements well and is very customer-friendly. For any urgent matters, her team could complete them to meet deadlines by hard-working overtime. 

Rui Ma

“With his help, the legal terms of the Round D financing contract are good for the company. He always provided feedback on the revised contract in time.” 

Rui can quickly familiarise himself with my business, and he is good at providing legal services while focusing on business purposes. And, of course, his professional knowledge is good. 

Ma Rui is a very professional and responsible lawyer. He is proficient in various products and services in the field of capital markets, such as IPOs, mergers and acquisitions, etc. In his cooperation with me personally and our fund, he is professional, enthusiastic, and has strong customer service awareness. He always carefully analyses problems, prepares materials, and has demonstrated rich experience in many material issues. When communicating with clients, he can put himself in their shoes and consider their needs and propose constructive solutions. When providing capital market legal services to our fund and invested companies, he has won much praise from our partners and CEOs. 

Shiming Shang 

“Shang is extremely responsive and has problem-solving skills and creativity.” 

Carol Sun 

“Sun considers our various needs, even in supporting us for better engagement with the business team.” 

Yongqiang Yu 

Very talented and experienced in capital markets, M&A, VC/PE.” 

Elvis Zhou

Zhou is an extremely experienced construction lawyer with excellent judgement and talent for creative problem-solving. Zhou is a delight to work with.” 

Frank Zhou 

“Timely, responsive, detailed and patient.” 

Nelson Zhou  

“Zhou is professional. Zhou offers timely response, swift execution, and one-stop solution.” 

Weining Zou 

“Weining is an excellent lawyer. He acted as our external counsel for over five years. He quickly responds to our legal inquiries, understands our business needs, sets up appropriate lawyer team, delivers his legal advice in a timely manner, and his legal advice is practical and workable.” 


Work highlights 

Advised InventisBio on its listing on the STAR Market in Shanghai. 

Advised China Merchants Port Holdings on its private offering of A shares and strategic investment in Ningbo Port. 

Advised People’s Government of Hainan Province on its first Issuance of offshore RMB local government bonds. 

Advised Hinova Pharma on its successful STAR Market IPO. 

Advised Jiarong Technology on its IPO on the GEM Board of the Shenzhen Stock Exchange. 

Key clients 

China Merchants Bank, CLSA, CICC, CITIC Bank, Geovis Technology, Pharma Studies. 

JunZeJun Law Offices

JunZeJun Law Offices is experienced in providing professional and comprehensive legal services for financial institutions and financial instruments. The firm’s banking and finance team is especially skilled in the issuance and underwriting of various types of bonds, including medium-term notes, financial bonds and corporate bonds. The firm promoted nearly 30 partners in the past 12 months, including those in the capital markets sector, to strengthen its practices. 


Work highlights 

Advised Bank of China on the issuance of the first green bond by a Chinese financial institution in Africa. 

Key clients 

BAIC BluePark New Energy Technology, Huarong International Trust Company. 

Kangda Law Firm

Established in 1988, full-service firm Kangda Law Firm is lauded for its expertise in capital markets, especially in the securities space. With offices in Beijing, Suzhou, Shenzhen and Chengdu, the firm’s integrated securities practice team comprises more than 100 people, with 13 senior partners and 149 professionals. The team regularly advises both issuers and underwriters on many significant IPO and other securities transactions. Aidong Lou, Hua Jiang, Ding Miao, and Xiaoyan Zhang are some of the key figures in the practice. 


Work highlights 

Advised Keda Industrial on the issuance of global depositary receipts on the Swill Exchange. This is one of the first batches of Chinese firms receiving approval for their GDR offering. 

Advised COFCO Fulinmen on its private equity financing.  

Advised Xinjiang Zhongtai Chemical on its issuance of a free trade zone bond in Shanghai. 

Key clients 

Aerospace Nanhu Electronic Information Technology, Fujian Highton Development, Luzhou Laojiao, Zhuhai G.Tech Technology. 

Llinks Law Offices

Llinks Law Offices is highly ranked in banking and finance and corporate and M&A. Partner Charles Qin heads the firm’s banking and finance department and has rich experience in capital markets, corporate and M&A, and private equity. Qin and his team regularly advise clients on cross-border and multi-currency transactional issues. 

Client feedback 

“Without the firm’s professional advice, I could never complete the deal.”Real estate 

Bernie Liu  

“Bernie operates at a level second to none.” 


Work highlights 

Advised Gotion High-tech on its global depositary receipts offering and listing on SIX Swiss Exchange. 

Advised Zhuhai CosMX Battery on its public issuance of convertible bonds. 

Advised Contemporary Amperex Technology on the issuance of Series 1 green medium-term note. 

Key clients 

China Resources Financial Leasing, Jiangsu New Technology, Suzhou HYC Technology, Xiamen ITG Holding Group. 

SG&CO Lawyers

Headquartered in Shanghai with branches in Tianjin and Shaoxing, SG&CO Lawyers provides legal services in finance, capital markets, international trade and shipping, with a particular focus on securities. Senior partner Mingqi Sun specialises in investment funds and private equity. He has a track record of advising PE funds and trust companies, insurance companies and asset/wealth management companies on the establishment of funds, trusts and wealth management products. 


Work highlights 

Advised Industrial and Commercial Bank of China and Huaneng Guicheng Trust on a series of residential mortgage-backed securities products. 

Advised Cofco Trust on the Rongteng Retail Auto Loan Securitization. 

Key clients 

Beijing Shoukai Huixin Commercial Management, CCB Trust, CITIC Trust. 

Shihui Partners

Shihui Partners is known for its expertise in capital markets, investment funds and private equity. The firm’s capital markets team has worked closely with regulators, listed companies and professional advisers, and has sound experience in advising clients on domestic and overseas securities offering transactions. Partner George Niu focuses on domestic and overseas IPOs, M&A, private equity and investment funds. The firm welcomed Zhenxing Mai from Jeffrey Mak Law Firm and Ian Paul Read from Eversheds Sutherland for corporate and M&A-related work in 2022. 

Client feedback 

The firm has strong insights into the data privacy industry and has in-depth regulatory understanding, providing good compliance support. They provide us with high-quality practical legal advice, we can get guidance on how general business and our specific sector is viewing privacy.” – Privacy and data protection 

They are very professional, efficient, and hard-working. They have impressive commercial sense in every case.” – Regulatory 

Jing Lu 

Jing is thoughtful, incisive and diligent. He finds strategic ways to provide meaningful advice on privacy law issues. He is amazing with complex and sophisticated matters, especially with incorporating unique corporate issues and risk factors into his legal advice.” 

Peizhi Zhao 

Commercial sense, comprehensive, hard-working, clever, efficient, hands-on and nice.” 


Work highlights 

Advised Shanghai MicroPort EP MedTech on its A-share IPO. 

Advised Henan Zhang Zhongjing Pharmacy on its IPO on the main board of Shanghai Stock Exchange. 

Advised Hypower Microelectronics on its A-share IPO

Tahota Law Firm

Established in 2000, Tahota Law Firm boasts more than 300 partners providing legal services to its clients across various practice areas. The firm regularly advises clients on the issuance of bonds, including corporate bonds, financial bonds and SME aggregate bonds. Senior partner Jinnan Li specialises in cross-border financing, investments and acquisitions. The firm’s IP practice developed steadily with the hiring of Chao Feng, Zhengnan Gong, Qingqing Cui and Liulin Yang in 2022. 


Work highlights 

Advised Houpu Clean Energy on its issuance of shares to specific targets. 

Advised Chengdu Lihang Technology on its IPO on the main board of Shanghai Stock Exchange. 

Key clients 

Airport Xingcheng Investment Group, Chengdu Xinjin Electronics, Sci-tech New Materials, Yankuang Energy. 

Tian Yuan Law Firm

Headquartered in Beijing with branch offices in Shanghai, Shenzhen, Chengdu and Hong Kong, Tian Yuan Law Firm is highly ranked in capital markets, competition/antitrust and corporate and M&A. Partner Xiaohui Zhu has extensive experience in corporate law and capital markets, with a particular focus on M&A, restructuring, venture capital, private equity and securities issuances.

Client feedback 

Jiayun Xie 

Xie is responsible, diligent, and has good commercial sense. Xie is also experienced and leads a top-tier team for M&A and PE work.” 


Work highlights 

Advised Mingyang Smart Energy on its issuance of the first global depositary receipts under the new interconnection regulations and listing on the London Stock Exchange. 

Advised Ningbo Shanshan on its issuance of Swiss Global Depositary Receipts. 

Advised Gogox on its Hong Kong IPO. 

Key clients 

ClouDr Group, CICC, Shanghai Orient-Chip Technology, Wuhu Yabosion Electronic Technology. 

Zhong Lun Law Firm

Chinese legal powerhouse Zhong Lun Law Firm is ranked ‘Outstanding’ across various practice areas and industry sectors with its well-established teams in both the transactional and contentious arena. With its exceptional experience in complex and high-profile restructuring, M&A and various other transactions, it has assisted many hi-tech businesses in their development and expansion. Construction and project development have traditionally been the firm’s core practices, its expertise has also expanded to real estate, infrastructure and PPP, energy, public facilities and industrial manufacturing. Key partners to note from the firm are Shanghai-based partner Anthony Zhao, who specialises in capital markets, private equity, and cross-border investment/M&A, and Beijing-based partner Jihong Wang, whose practice covers corporate governance, health, safety, environmental protection and financing. The firm welcomed six partners including Qunwei Lu to further boost its first-class capital markets practice during the research cycle.

Client feedback 

“We are served by the firm's team led by partner Chongwen Li. They responded to our needs promptly, professionally and meticulously. They are good at grasping the core legal issues in complex cases and proposing effective solutions. I attended the hearing of the case in Jilin High People’s Court and was impressed by the excellent argument skills of the two counsels.” – Dispute resolution  

“We were deeply impressed by the service quality and service level of Zhong Lun Law Firm and their team. The lawyers can accurately and quickly understand our needs and can respond and respond accordingly. In terms of professional ability, they are very familiar with the laws and regulations in the professional field and can make professional judgements based on our problems.” – Regulatory  

“Firstly, the background of the project is complex, involving changes in actual use and the newly issued rental housing policy, and there is a relatively complex transaction structure. They quickly grasp new information, understand the essence of transactions, and complete the work with high quality. Secondly, they are able to complete heavy work in a tight time frame, which was highly praised by both parties.” – Real estate 

Professional and high quality.” – Real estate  

The Zhong Lun bankruptcy team is a professional, responsible and highly cooperative team. Zhong Lun consistently provides satisfactory solutions and problem-solving paths for its clients.Restructuring and insolvency  

Chongwen Li 

“He is always able to grasp the latest legal trends. In addition, he always puts his clients first, prioritises our needs.” 

“Very professional and leads a well-coordinated team. Always helps us to obtain favourable results.” 

Xiangwen Liu  

“Mr. Liu Xiangwen has excellent professional ability. In specific projects, he can understand our internal pain points and proposes practical solutions for enterprises based on the actual situation of those enterprises.” 

Fangrong Wu 

“Professional, efficient, high quality and timely.” 

Shengfeng Xu 

“Mr. Xu has been deeply involved in bankruptcy law for over 20 years and has handled numerous influential cases in China. Several of his cases have been selected as typical cases by the Supreme People's Court. His professional capability has been recognised and praised by courts, clients, and intermediary institutions. In addition to a PhD degree, he is proficient in writing and has published multiple books and articles on bankruptcy law.” 

Rui Zhang 

“She has strong work abilities and is able to complete complex tasks under heavy pressure.” 


Work highlights 

Advised Atour on its IPO on Nasdaq. This deal is widely regarded as “icebreaking”, as the first China IPO in the US with a valuation exceeding $1.5 billion for the past 16 months, and also as the first overseas IPO in which the issuer successfully passed a PRC cybersecurity review. 

Advised Shenyang Fortune Precision Equipment on its listing on the STAR Market of the Shanghai Stock Exchange. The prospectus of Shenyang Fortune Precision Equipment is the first prospectus written by PRC legal counsel for an issuer in the PRC capital market, breaking the habit in PRC where the prospectus is usually written by sponsors. 

Advised Structure Therapeutics on its Nasdaq IPO. 

Key clients 

BofA Securities, CICC, Haitong International, HSBC, Qingdao Magene Intelligence Technology, Sichuan Qian Li Beoka Medical Technology, UBS. 

Competition/antitrust
AnJie Broad Law Firm

AnJie Broad Law Firm is ranked ‘Outstanding’ in competition/antitrust and insurance. The firm also has expertise in the areas of banking and finance, cross-border M&A, dispute resolution, intellectual property, and labour and employment. Partner Michael Gu specialises in competition/antitrust, handling merger control filings for multinational companies. He also frequently advises clients on the monopoly agreement and abuse of dominance issues and provides strategic preventive solutions. Zhining Wang joined the firm’s competition/antitrust team from Xiaomi Technology in March 2023. 

Client feedback

“The firm is very professional in providing legal consultancy and helped us with negotiation with the other party. They always provide prompt and professional response.” – Intellectual property  

“Being able to think out of box and act commercially when principals are absent.” – Private equity  

Hang Cai 

“Provided great advice on the overall deal structure and supported principals’ immersivity in the negotiation stage.” 

Hongchun Liu 

“Mr. Liu is very good at understanding clients' needs and can understand clients' business in a short time. Most of time, he can provide professional advice which is easy to be understood by someone without a legal background.” 


Work highlights 

Represented Korean Air in a merger control filing before the State Administration for Market Regulation (SAMR) for its acquisition of Asiana Airlines’ shares. The millstone filing is conditionally approved, making it the first conditionally approved transaction between airlines in China's merger control history. 

Successfully advised GlobalWafers on the merger control filing before the SAMR for its acquisition of Siltronic's shares. The challenging case related to China’s sensitive semiconductor industry. 

Represented Huaming Power Equipment to appeal to the Supreme People’s Court against Wuhan Taipu Transformer Changer in a horizontal monopoly agreement dispute. 

Key clients 

Hitachi Metals, Wanhua Chemical Group. 

Dacheng Law Offices

Dacheng Law Offices is ‘Highly recommended’ in our construction, labour and employment, restructuring and insolvency tables. The firm is best known for its speciality in handling matters across the spectrum of transportation and infrastructure. Through cooperation with the government and enterprises in major construction projects, the team has accumulated extensive experience in public-private partnerships (PPPs). Based in Beijing, senior partner Huazhi Yuan heads the firm’s real estate and natural resources practices. Real estate, construction, PPP, mineral resources and general corporate law are some of his core practices. 

Client feedback 

“Dentons China is highly recommended in the field of energy and corporate laws, the expertise and efficiency represented by partner Chang and her team members is evident and impressive.” – Corporate and M&A 

“High professional level, good service, reasonable fees, high win rate.” – Dispute resolution 

“As a massive legal platform, Dentons China is filled with experts in various fields, including energy and construction, and it is able to form temporary teams for solving different types of cases.” – Energy  

“The main advantages of Dentons China lie in its professionalism, overall perspective, and the professionalism.” – Intellectual property  

“High level of expertise. Client oriented. Great sense of the combination of business purpose and laws.” – Intellectual property  

“Dentons China has been providing legal services for us for a very long period, we witnessed its expansion of business scale and growth of depth of expertise in various fields. With a strong base of experts, Dentons China is capable of providing detailed and comprehensive legal solutions for specific problems. While obvious legal risks are apparent, Dentons would be able to discover the risk underneath the surface.” – Real estate 

“Professional service, rich experience in real estate, and integrity. The firm helped the company to avoid many legal risks and has been valuable for us for years.” – Real estate 

“The most obvious advantage Dentons China has is that they are a global-based law firm which focused on various legal fields. As the complexity and scale of our business is constantly rising after the pandemic, Dentons China is able to provide the legal service that we require.” – Real estate 

“Dentons China is widely known for its massive team of legal personnel in various fields. In the process of several projects participated in by Dentons China, their team managed to secure our interests by designing project structures and reviewing all related agreements. Lawyers from Dentons China demonstrated full endeavour for the matters of our concern.” – Real estate 

“The overall leader of the team, Lawyer Gao, is a lawyer specialising in the field of bankruptcy reorganisation. Lawyer Gao has formed a large and experienced team of lawyers to support this project. She and her team are very professional in handling bankruptcy-related issues, and the entire team responds promptly and efficiently. During the process, we felt that our company had extremely smooth communication with any lawyer within the team.” – Restructuring and insolvency 

Qing Chang 

“Qing is a very sophisticated lawyer and has been providing legal service for real estate corporations for more than a decade. During this process, she has been watching over the development of the industry, which has helped her to predict the future development of certain law and policies.” 

“Lawyer Qing and her teammates are all very good at responding to our request speedily. They truly demonstrated that their actions are highly effective and responsive. As a lawyer, Qing is not only professional but also diligent, and Qing has helped our corporation to avoid potential legal risk.” 

“Lawyer Qing has successfully constructed a very sophisticated team targeted in the field of real estate and construction. Her outstanding capability in solving real estate legal matters with innovative methods are widely recognised by my colleagues who participated into the project. While facing substantial obstacles discovered during the due diligence investigation, lawyer Qing managed to design compatible and effective mechanisms in the agreements, which enabled us to manage the potential risks.” 

“Partner Qing Chang provided full-process legal assistance for the transformation of the energy project. Based on the situation of the project and other factors, she optimised our interests during negotiations and the draft of legal documents. Since the project is vital to the financing of the operation, partner Qing Chang managed to solve our problems at a very responsive fashion with high-quality outcomes.” 

“As a long-term partner, Lawyer Qing is a very capable and reliable real estate lawyer, who has clearly accumulated tremendous knowledge and practical experience in real estate and construction. Her ability to acquire new knowledge from a novel legal field and utilise it in solving practical matters is very impressive. With the help of her team, we successfully ensured and secured the steady growth of the project without crossing any red lines.” 

Meili Gao 

“As the lead lawyer for the entire project, the deepest impression is that, firstly, she is very professional and often discovers potential factors that are unfavourable to our clients in the tense business negotiation process. She provided reminders and helped us avoid many possible legal risks. Secondly, her communication skills are very strong, and we feel very reassured that she is responsible for coordinating with all parties. Through countless rounds of friendly but authoritative negotiations between lawyer Gao and the government, the other party's managers, and relevant business leaders, the entire project has been promoted more smoothly. She has excellent overall planning skills, and under her leadership, the team has enabled everyone to leverage their strengths and achieve perfect collaboration among team members.”  

Tao Li 

“Professional, precise, tenacious, humble, kind, conscientious.” 

Charles Wu 

“Very experienced and professional. Charles greatly helps us to manage risk.” 


Work highlights 

Acted for Shanghai Fosun Health Technology Group, a subsidiary of Fosun Pharmaceutical and a listed company in China, on securing the clearance of merger control filing for the transaction between Fosun Health and Guangzhou Xinshi Hospital. 

Key clients 

Contemporary Amperex Technology

DaHui Lawyers

DaHui Lawyers has extensive experience in capital markets transactions and has served as PRC counsel for issuers and underwriters in both equity and debt offerings in the US and Hong Kong, handling IPOs, secondary offerings, bond offerings and private placements. Managing partner of DaHui Lawyers, Richard Ma, has more than 20 years of experience in representing companies in capital markets, M&A, investments and compliance matters. His industry strengths are in media and entertainment, and technology and telecommunications. The firm hired a number of new partners in the last 12 months: Yun Chen from Baker McKenzie FenXun, Reking Chen from DLA Piper, Jiawen Gong from Jia Yuan Law Offices, and Yi Dai from Wang Jing & Co. 


Work highlights 

Serving as Nvidia’s monitoring trustee for antitrust compliance. 

Serving as the antitrust “monitoring trustee” to the NYSE-listed Illinois Tool Works. 

Key clients 

BYD, Modern Dairy, Musashi. 

DeHeng Law Offices

DeHeng Law Offices specialises in acquisition finance and project finance. Partner Xu (Jennifer) Zhang is experienced in cross-border financing, including syndicated lending, asset finance and sovereign loans. The firm now has 38 branch offices in China and 11 branch offices in foreign countries. 

Client feedback 

“They have a positive work attitude, rich knowledge on construction management and law, rich experience in solving difficult problems, and work efficiently.” – Construction  

“The lawyers’ service attitude of this law firm is very good. Their communication with us is smooth, and cooperation is good. They have rich experience in construction project bidding, contract management, and other fields, which has greatly helped us.” – Infrastructure 

“The law firm is particularly responsive and has a strong ability to solve difficult problems.” – Infrastructure 

“This team is very dedicated, responsible, and professional in the process of cooperation with our company. Shen Wei is recognised for his enviable expertise in labour dispute resolution. We look forward to working with this team in the long term.” – Labour and employment  

Hongyuan Li 

“Lawyer Li is very patient, always patiently answering our difficult questions, and he always develops clever solutions when facing complex problems, which greatly helps our company's work.” 

“Li has a high level of legal service. He has good cooperation with our employees and has achieved good work results.” 

Shen Wei 

“Shen Wei is a key figure at DeHeng. In addition to being known for handling labour arbitration and litigation cases, he was also praised for serving as an arbitrator.” 


Work highlights 

Represented four rare earth permanent magnet companies in Ningbo in a dispute concerning the abuse of market dominance against Hitachi Metal. 

Represented a pharmaceutical company in an investigation concerning its agreement with a competitor. 

Key clients 

Country Garden, SF Taisen. 

Fangda Partners

Top-tier firm Fangda Partners dominates the majority of ranking tables. The firm also moved up to the ‘Outstanding’ tier in this year’s media and entertainment rankings. Its regulatory team provides one-stop compliance and government enforcement services, including corporate investigations, government enforcement, compliance advisory and related contentious matters. A key partner to note in the team is Kate Yin, who is a recognised leader in complex government enforcement, internal investigation and regulatory compliance, especially for challenging cross-border matters. Corporate partner Jeffrey Ding attends to a varied practice composed of capital markets, corporate M&A and private equity, while Pu (Alexandra) Yang is a long-time authority in the intellectual property capacity. Gordon Gao, a renowned figure in IP, left the firm in May 2022 for King & Wood Mallesons, and the firm’s IP team welcomed Wen Zou and Michelle Ning from Gen Law Firm. 

Client feedback 

“Always find solutions to dilemmas, which will facilitate the transaction until the completion of the transaction. Always careful, diligent and efficient.” – Banking and finance 

“Fangda advised us on legal compliance and assisted us in private equity financings. Most importantly, they provided legal services for IPO matters and resolved legal issues for the company going public.” – Capital markets 

“Valuable experience in the debt market, good network, excellent communication skills with clients with different background, responsive and diligent services.” – Capital markets 

“Deep industrial insights and flexible fee arrangement.” – Corporate and M&A 

“The Fangda team helpfully identified evidence proving misbehaviours by employees.” – Dispute resolution 

“Fangda represented us in the deal and supported all the way from term sheet drafting, legal due diligence, to close documents negotiations and communication with the multiple stakeholders. They have been very responsive, helpful and professional.” – Private equity  

“The Fangda team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are very professional and hard-working.” – Private equity  

“They provided prompt response and insight into the legal nature of the relevant arrangement. Their advice reminds us of the blind point that we missed.” – Real estate 

“Fangda Partners is adept at responding to clients' questions quickly and efficiently and giving answers from a practical perspective.” – Technology and telecommunications 

Christine Chen 

“Christine has in-depth knowledge and experience in advising sophisticated international issuers and on local law issues. By providing practical and thoughtful solutions to complicated or tricky legal issues in the course of bond issuance, Christine has gained deep trust and respect from us. Her advice and constant contribution are immensely helpful to the successful execution of cutting-edge debt offering transactions.” 

Frank Fan 

“Prompt response with perspectives and thoughts.” 

Helen Fan 

“Helen oversaw the transaction and guided her team to work through the deal efficiently.” 

Diana Li 

“Deep industrial insights. Quick response.” 

Devan Shao 

“Devan provided invaluable advice on SDK compliance and trade secret protection.” 

Judy Tan 

“Judy is experienced in the aviation area and can always find a solution to dilemmas.” 

Yiru Wang 

“The team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are very hard-working.” 

Kate Yin 

“Yin led the whole team to conduct investigation and completed the task in line with the timetable, the team helpfully identified solid evidence against the employees concerned.” 


Work highlights 

Represented MKS Instruments on its acquisition of Atotech. The team prepared a robust defence to convince China’s competition authority to clear the transaction unconditionally. 

Represented Lumentum Holdings to obtain antitrust clearance for its acquisition of NeoPhotonics Corporation. 

Represented Blackstone to obtain antitrust clearance for its acquisition of Emerson’s Climate Technologies business. 

Key clients 

Apollo Group, Boyu Capital, DuPont, EQT. 

Han Kun Law Offices

Han Kun Law Offices is ranked ‘Outstanding’ in corporate and M&A, investment funds and private equity. The firm has also earned a reputation in capital markets for its performance in representing both domestic and international clients from various emerging industries. Its aviation finance team, on the other hand, is experienced in advising both Chinese and foreign lessors as well as Chinese and foreign banks in their leasing and finance of commercial aircraft and business jets to Chinese airlines.  Based in the firm’s Beijing and Shenzhen office, partner Chaoying (Charles) Li is experienced in public and private financings, M&A, incorporation and corporate restructuring, foreign direct investment, and intellectual property protection. During the research period, Jianhui Li, Xiaoxue (Dana) Wu, Qing (Nick) Shu, Dongni Jiang and Jing (Gilbert) Shen joined the firm as partners. The firm welcomed five partners to enhance its practices across M&A, private equity and investment fund in the last 12 months: Ping Xu and Jianhui Li from Tian Yuan Law Firm, Yan Xia from Shihui Partners, Sheldon Chen and Clarence Chung from Llinks Law Offices.

Client feedback 

Professional, efficient, extensive experienced and very easy to talk with.” – Aviation  

Their professionalism and hard work make our aircraft delivery smoothly and efficiently.” – Aviation  

Han Kun Law Offices always provides us with prompt and practicable legal advice, helping us to cope with various legal issues and support the business team effectively.” – Banking and finance  

They always find solutions to dilemmas to facilitate the transaction. Good at communication for both sides when negotiating.” – Banking and finance 

Responsive and professional.” – Capital markets 

They provided very comprehensive proposals to protect our interests in either negotiation or in closing the deal. They efficiently and promptly provide feedback every time we ask for help. They have deep understanding of the consumer market.” – Capital markets 

Han Kun is familiar with the competition regulation in China and the best practice to deal with the regulator. Han Kun is excellent in the preparation of the filing documents the team can always spot the key issues to address in the responses to the regulators' queries and propose the most pragmatic and appropriate way to address the issues.” – Competition/antitrust 

A top-tier full-service law firm with many legal elites and sophisticated and seasoned legal professionals. Among the years co-working with the firm, it did not take too long to have me fully convinced and therefore ensured of the deep trust in the firm and the partners on not only retaining them to do any project on routine or urgent base, but also establishing a profound friendship, professional-wise and private-wise.” – Corporate and M&A 

Han Kun provides very helpful and thoughtful advice in all the assignments I gave them.” – Corporate and M&A 

Professional, result-oriented, responsive, skilful and strategic.” – Dispute resolution  

Sound abilities on analysing the complex case and solid preparation of the evidence.” – Dispute resolution 

Quite responsive. Strong commercial sense.” – Investment funds 

Solid legal knowledge, very responsive and professional.” – Labour and employment  

With their professional lawyers, they actively defended for us, did rigorous research within the domain and dug out good old cases which provided us with advantages during the trial.” – Media and entertainment 

Very professional and efficient.” – Private equity  

Han Kun Law Offices provided exceptional legal services throughout the entire process. Their expertise in the intricacies of private equity transactions and their understanding of the specific challenges and regulations within the life sciences industry were evident in their work.” – Private equity  

The Han Kun team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are client-focused. They are very responsive and always work around the clock.” – Private equity  

Quick response, first priority, practical and commercially driven, professional.” – Real estate 

Professional, timely response, deep industry knowledge, client-oriented.” – Regulatory  

In addition to professionalism and highly sophisticated skills, Michelle's team knows well about corporate operation and pain points. They can provide landing solutions.” – Regulatory  

“Accurate legal services. They have the ability to solve problems and have a positive service attitude.” – Tax 

Xiaoming Deng 

“Mr. Deng is very professional in securities litigation, especially the area of securities misrepresentation and fraud. I think he is one of the best lawyers in this area in China. Mr. Deng has great enthusiasm for his profession. He is always glad to discuss the question I asked. 

Yi Ding 

“Good at communication, can always find a solution when negotiation has come to a dead end.” 

Shiwen Dong 

Has a strong sense of problem-solving.” 

Chaoying Li

Chaoying Li always handles our sophisticated legal issues and coordinates the resources we need inside Han Kun.” 

Huhuan Li 

He works professionally and highly efficiently.” 

Sheng Li 

Responsive and professional.” 

Zeda Lin 

Lin offers very good legal advice.” 

Liyu Jin 

Good communication skills, rich experience in handling arbitration.” 

Denling Jin 

“Professional, problem-solving, skilful, strategic and responsive.” 

Michelle Gon 

Michelle's leadership and ownership is strong. She responds swiftly with abundant experience.” 

Jin Qian 

“Strong commercial sense. Responsive. Good local knowledge. Qian also provides regular follow-ups and newsletters for legal developments.” 

Vincent Song

Song’s comprehensive understanding of the consumer market and our company makes him always provide good advice. Song is very professional in terms of fund raising and company legal structure set up. He is efficient and always on call to provide feedback.” 

Dan Sun 

Sun has good communication skills, full knowledge of both the legal regulations and company. Sun also has a trouble-shooting attitude.” 

David Tang 

A top legal practitioner with marvellous leadership.” 

Huan Wang 

Huan has been our first choice of legal counsel for over 10 years. He is also a well-known lawyer in capital markets and private equity in China in the TMT sector and traditional industries. Huan has deep professional knowledge in various sectors with high flexibility in problem solving.” 

Dana Wu 

Wu is very reliable and knowledgeable. She is the go-to person when our company comes across tough legal matters. She also maintains a good relationship with her colleagues and can always find the right person to advise us when it comes to an area with which she is not familiar.” 

Shu Wang

Ms. Wang Shu is skilled, fantastic and outstanding in the areas.” 

Wang is very professional, efficient, extensively experienced and very easy to talk with.” 

Angus Xie 

Angus's expertise in competition law is commendable, with a deep knowledge of the legal framework and antitrust regulations in China. Angus is familiar with international transactions and is able to provide insightful and effective legal advice to foreign clients. Angus and his team's analytical skills and attention to detail enable them to provide insightful and effective legal advice to clients. They are renowned for their strategic thinking and problem-solving abilities. They consistently demonstrate professionalism, integrity and a client-centric approach in their practice, ensuring that their clients' needs are met effectively and efficiently.” 

Liming Yuan 

“With extensive corporate M&A experience, state-of-the-art drafting skills and a deep understanding of client needs, Liming provides customised legal support to always get the job done right.”

Li Zhang 

Li demonstrated a deep understanding of the legal and regulatory landscape governing private equity investments.” 

Ting Zheng 

Ting is very responsive and has solid banking-related knowledge in a quite broad way, no matter whether data-related or just loan-related.” 


Work highlights 

Advised Permira Advisers Group Holdings on its China merger filing for its proposed acquisition of shares of McAfee Corp, the world’s leading security software and solution provider, together with Advent International Corporation, Canada Pension Plan Investment Board and Crosspoint Capital Partners. The transaction is one of the largest transactions in the security software sector, with a transaction value of $12 billion. 

Assisted Warburg Pincus in the merger filing for a number of transactions, including its acquisition of shares of Duravant, a leading food packaging equipment manufacturer, for approximately $1.5 billion. 

Represented Abu Dhabi Investment Authority on the anti-trust filing for its acquisition of the TMF Group. 

Key clients 

BlackRock, CVC Capital Partners, Li Auto, Robert Bosch

Sunland Law Firm

Sunland Law Firm occupies a competition-focused space in the China legal market. Its international trade and competition team is highly experienced in handling conditional merger clearances. The chief proponent behind the merger filings, Yao Feng’s practice focuses on antitrust laws, international trade and foreign direct investment areas in her practice. She has handled filings to the Ministry of Commerce of the People's Republic of China regarding concentration of undertakings and has provided legal service in various international trade disputes for companies and government agencies. Partners Chenyang Zhang and Yunfeng Xing are other key names to note.

Client feedback

“Sunland Law Firm is a trusted adviser on merger control review processing at SAMR and also provides valuable insights on general competition issues in China.” – Competition/antitrust

Yao Feng

“Feng is a reliable adviser on antitrust issues and especially merger control notification strategies in China with both solid knowledge and great communication skills.”


Work highlights

Acted as the Chinese antitrust counsel in the State Administration for Market Regulation (SAMR) review of KKR & Co and Clayton, Dubilier & Rice Fund’s acquisition of shares in Cloudera. This case set up a new market definition among SAMR’s precedent in the field of data analysis.

Advised Tencent on its SAMR review in connection with its acquisition of shares in Redbook.

Advised EIG Pearl Holdings on its SAMR review in connection with its acquisition of shares in Aramco Oil Pipelines Company. This transaction was one of the world’s largest acquisition transactions in the energy and infrastructure sector in 2021.

Key clients

DSV Panalpina, Illinois Tool Works, Veolia Environment

Tian Yuan Law Firm

Headquartered in Beijing with branch offices in Shanghai, Shenzhen, Chengdu and Hong Kong, Tian Yuan Law Firm is highly ranked in capital markets, competition/antitrust and corporate and M&A. Partner Xiaohui Zhu has extensive experience in corporate law and capital markets, with a particular focus on M&A, restructuring, venture capital, private equity and securities issuances.

Client feedback 

Jiayun Xie 

Xie is responsible, diligent, and has good commercial sense. Xie is also experienced and leads a top-tier team for M&A and PE work.” 


Work highlights 

Represented JD.com in the "choose one" antitrust lawsuit against Alibaba Group. 

Zhong Lun Law Firm

Chinese legal powerhouse Zhong Lun Law Firm is ranked ‘Outstanding’ across various practice areas and industry sectors with its well-established teams in both the transactional and contentious arena. With its exceptional experience in complex and high-profile restructuring, M&A and various other transactions, it has assisted many hi-tech businesses in their development and expansion. Construction and project development have traditionally been the firm’s core practices, its expertise has also expanded to real estate, infrastructure and PPP, energy, public facilities and industrial manufacturing. Key partners to note from the firm are Shanghai-based partner Anthony Zhao, who specialises in capital markets, private equity, and cross-border investment/M&A, and Beijing-based partner Jihong Wang, whose practice covers corporate governance, health, safety, environmental protection and financing. The firm welcomed six partners including Qunwei Lu to further boost its first-class capital markets practice during the research cycle.

Client feedback 

“We are served by the firm's team led by partner Chongwen Li. They responded to our needs promptly, professionally and meticulously. They are good at grasping the core legal issues in complex cases and proposing effective solutions. I attended the hearing of the case in Jilin High People’s Court and was impressed by the excellent argument skills of the two counsels.” – Dispute resolution  

“We were deeply impressed by the service quality and service level of Zhong Lun Law Firm and their team. The lawyers can accurately and quickly understand our needs and can respond and respond accordingly. In terms of professional ability, they are very familiar with the laws and regulations in the professional field and can make professional judgements based on our problems.” – Regulatory  

“Firstly, the background of the project is complex, involving changes in actual use and the newly issued rental housing policy, and there is a relatively complex transaction structure. They quickly grasp new information, understand the essence of transactions, and complete the work with high quality. Secondly, they are able to complete heavy work in a tight time frame, which was highly praised by both parties.” – Real estate 

Professional and high quality.” – Real estate  

The Zhong Lun bankruptcy team is a professional, responsible and highly cooperative team. Zhong Lun consistently provides satisfactory solutions and problem-solving paths for its clients.Restructuring and insolvency  

Chongwen Li 

“He is always able to grasp the latest legal trends. In addition, he always puts his clients first, prioritises our needs.” 

“Very professional and leads a well-coordinated team. Always helps us to obtain favourable results.” 

Xiangwen Liu  

“Mr. Liu Xiangwen has excellent professional ability. In specific projects, he can understand our internal pain points and proposes practical solutions for enterprises based on the actual situation of those enterprises.” 

Fangrong Wu 

“Professional, efficient, high quality and timely.” 

Shengfeng Xu 

“Mr. Xu has been deeply involved in bankruptcy law for over 20 years and has handled numerous influential cases in China. Several of his cases have been selected as typical cases by the Supreme People's Court. His professional capability has been recognised and praised by courts, clients, and intermediary institutions. In addition to a PhD degree, he is proficient in writing and has published multiple books and articles on bankruptcy law.” 

Rui Zhang 

“She has strong work abilities and is able to complete complex tasks under heavy pressure.” 


Work highlights 

Advised Shanghai Yingmai Culture Communication against Sports & Entertainment (Beijing) Culture Communication. This case demonstrates that exclusive licensing of intellectual property does not constitute a monopoly. It will have a great impact on the development of the commercial photo industry. This case was selected as a "typical anti-trust case in 2022" by the Supreme People's Court. 

Represented Tongfang Knowledge Network (Beijing) Technology in dealing with the State Administration for Market Regulation antitrust investigation on the abuse of dominant market position. This case is the first anti-monopoly case of abuse of dominant market position in the field of platform economy that was publicly filed in 2022. It is also the first anti-monopoly case of abuse of dominant market position since the establishment of the National Anti-Monopoly Bureau of China. 

Key clients 

Beijing Jingdong Century Trading, China Resources Wine Holdings, Gezhouba Yipuli Guangxi Weiqi Chemical, Guangdong Administration for Market Regulation, SIG Combibloc Group. 

Construction
AllBright Law Offices

Founded in 1999 with branch offices in 20 cities across China, full-service law firm AllBright Law Offices is known for its expertise in capital markets, corporate and M&A, dispute resolution and tax. Senior partner Fangzhou (Ark) Bao is experienced in providing legal services to companies regarding corporate restructurings and IPOs in both domestic and overseas stock exchanges.  

Client feedback 

“Professional, efficient and enthusiastic.” – Aviation and shipping 

“Besides legal advice, Allbright provides practical ways to solve the issue with commercial consideration, and brings value-added service.” – Aviation and shipping 

“Good legal and communication skill.” – Corporate and M&A 

“Good knowledge of the transaction background, knows very well about all the transaction documents, can make proper recommendations to the clients. Very responsive, can meet the client's requests re timing.” – Corporate and M&A 

Fang Cao 

“Fang Cao is the focal point of Allbright to handle our cases in China, he's familiar with our style and is competent in practice.” 

David Li 

“Excellent legal skill and project experience.” 

“Always accessible, responsive, good knowledge about the whole deal.” 

Yuheng Zhang 

“Professional, efficient and enthusiastic.” 


Work highlights 

Advised Xuzhou Metro Group on the PPP project of Xuzhou urban rail transit. 

Advised Zhongfu Tiangong Construction Group on a construction dispute. 

Key clients 

CCCC First Highway Engineering Group, China Yifeng Construction Group, Shanxi Lubao Coking Group. 

Boss & Young

Established in 1995, Shanghai-based firm Boss & Young is most reputable for its construction practice. Partner Guofei Lu leads the firm’s real estate and construction practice. He is exceptionally skilled in both contentious and non-contentious matters involving development projects and disputes arising from construction projects and transactions. 


Work highlights 

Acted for a large-scale manufacturing enterprise affiliated to a central state-owned enterprise in an allocated industrial land develop project. 

Advised CR Land on its acquisition of the controlling stake and relevant creditor's rights of Shanghai Pudong Sanlin Wedge Green Space Unit 13 listed on Shanghai United Exchange. 

Acted for Diageo in its investment and construction of the “Whiskey Production and Tourist Experience Center Project” in Dali Prefecture, Yunnan province. 

City Development Law Firm

Shanghai-based City Development Law Firm is consistently referenced among market peers in the capacity of construction and real estate, an area in which the firm has found a particular niche. The firm’s construction department consists of multiple outstanding teams with lawyers having both legal and civil engineering backgrounds. The chief proponent behind the infrastructure, public utilities and landmark projects, Shuying Zhu is skilled at handling both non-litigation and litigation cases related to the fields of construction and real estate.  


Work highlights 

Advised Shanghai Tunnel Engineering on the renegotiation of the Nanjing Metro Line 5 project. 

Advised a branch of Agricultural Bank of China on the construction project of its headquarter building. 

Dacheng Law Offices

Dacheng Law Offices is ‘Highly recommended’ in our construction, labour and employment, restructuring and insolvency tables. The firm is best known for its speciality in handling matters across the spectrum of transportation and infrastructure. Through cooperation with the government and enterprises in major construction projects, the team has accumulated extensive experience in public-private partnerships (PPPs). Based in Beijing, senior partner Huazhi Yuan heads the firm’s real estate and natural resources practices. Real estate, construction, PPP, mineral resources and general corporate law are some of his core practices. 

Client feedback 

“Dentons China is highly recommended in the field of energy and corporate laws, the expertise and efficiency represented by partner Chang and her team members is evident and impressive.” – Corporate and M&A 

“High professional level, good service, reasonable fees, high win rate.” – Dispute resolution 

“As a massive legal platform, Dentons China is filled with experts in various fields, including energy and construction, and it is able to form temporary teams for solving different types of cases.” – Energy  

“The main advantages of Dentons China lie in its professionalism, overall perspective, and the professionalism.” – Intellectual property  

“High level of expertise. Client oriented. Great sense of the combination of business purpose and laws.” – Intellectual property  

“Dentons China has been providing legal services for us for a very long period, we witnessed its expansion of business scale and growth of depth of expertise in various fields. With a strong base of experts, Dentons China is capable of providing detailed and comprehensive legal solutions for specific problems. While obvious legal risks are apparent, Dentons would be able to discover the risk underneath the surface.” – Real estate 

“Professional service, rich experience in real estate, and integrity. The firm helped the company to avoid many legal risks and has been valuable for us for years.” – Real estate 

“The most obvious advantage Dentons China has is that they are a global-based law firm which focused on various legal fields. As the complexity and scale of our business is constantly rising after the pandemic, Dentons China is able to provide the legal service that we require.” – Real estate 

“Dentons China is widely known for its massive team of legal personnel in various fields. In the process of several projects participated in by Dentons China, their team managed to secure our interests by designing project structures and reviewing all related agreements. Lawyers from Dentons China demonstrated full endeavour for the matters of our concern.” – Real estate 

“The overall leader of the team, Lawyer Gao, is a lawyer specialising in the field of bankruptcy reorganisation. Lawyer Gao has formed a large and experienced team of lawyers to support this project. She and her team are very professional in handling bankruptcy-related issues, and the entire team responds promptly and efficiently. During the process, we felt that our company had extremely smooth communication with any lawyer within the team.” – Restructuring and insolvency 

Qing Chang 

“Qing is a very sophisticated lawyer and has been providing legal service for real estate corporations for more than a decade. During this process, she has been watching over the development of the industry, which has helped her to predict the future development of certain law and policies.” 

“Lawyer Qing and her teammates are all very good at responding to our request speedily. They truly demonstrated that their actions are highly effective and responsive. As a lawyer, Qing is not only professional but also diligent, and Qing has helped our corporation to avoid potential legal risk.” 

“Lawyer Qing has successfully constructed a very sophisticated team targeted in the field of real estate and construction. Her outstanding capability in solving real estate legal matters with innovative methods are widely recognised by my colleagues who participated into the project. While facing substantial obstacles discovered during the due diligence investigation, lawyer Qing managed to design compatible and effective mechanisms in the agreements, which enabled us to manage the potential risks.” 

“Partner Qing Chang provided full-process legal assistance for the transformation of the energy project. Based on the situation of the project and other factors, she optimised our interests during negotiations and the draft of legal documents. Since the project is vital to the financing of the operation, partner Qing Chang managed to solve our problems at a very responsive fashion with high-quality outcomes.” 

“As a long-term partner, Lawyer Qing is a very capable and reliable real estate lawyer, who has clearly accumulated tremendous knowledge and practical experience in real estate and construction. Her ability to acquire new knowledge from a novel legal field and utilise it in solving practical matters is very impressive. With the help of her team, we successfully ensured and secured the steady growth of the project without crossing any red lines.” 

Meili Gao 

“As the lead lawyer for the entire project, the deepest impression is that, firstly, she is very professional and often discovers potential factors that are unfavourable to our clients in the tense business negotiation process. She provided reminders and helped us avoid many possible legal risks. Secondly, her communication skills are very strong, and we feel very reassured that she is responsible for coordinating with all parties. Through countless rounds of friendly but authoritative negotiations between lawyer Gao and the government, the other party's managers, and relevant business leaders, the entire project has been promoted more smoothly. She has excellent overall planning skills, and under her leadership, the team has enabled everyone to leverage their strengths and achieve perfect collaboration among team members.”  

Tao Li 

“Professional, precise, tenacious, humble, kind, conscientious.” 

Charles Wu 

“Very experienced and professional. Charles greatly helps us to manage risk.” 


Work highlights 

Advised Beijing Western Mining Construction on the project of the New Qinghai Sheraton Hotel and Qinghai Financial Building. 

Represented a company engaged in power design to win a lawsuit demanding payment for a construction project. 

Represented Guizhou Sandu Yongxin Construction Engineering in a construction contract dispute and achieved a comprehensive victory. 

Key clients 

China Railway Guizhou Tourism Culture Development, North China Power Engineering, Zhejiang 20th Metallurgical Construction, Zhejiang Zheshang Asset Management

Fangda Partners

Top-tier firm Fangda Partners dominates the majority of ranking tables. The firm also moved up to the ‘Outstanding’ tier in this year’s media and entertainment rankings. Its regulatory team provides one-stop compliance and government enforcement services, including corporate investigations, government enforcement, compliance advisory and related contentious matters. A key partner to note in the team is Kate Yin, who is a recognised leader in complex government enforcement, internal investigation and regulatory compliance, especially for challenging cross-border matters. Corporate partner Jeffrey Ding attends to a varied practice composed of capital markets, corporate M&A and private equity, while Pu (Alexandra) Yang is a long-time authority in the intellectual property capacity. Gordon Gao, a renowned figure in IP, left the firm in May 2022 for King & Wood Mallesons, and the firm’s IP team welcomed Wen Zou and Michelle Ning from Gen Law Firm. 

Client feedback 

“Always find solutions to dilemmas, which will facilitate the transaction until the completion of the transaction. Always careful, diligent and efficient.” – Banking and finance 

“Fangda advised us on legal compliance and assisted us in private equity financings. Most importantly, they provided legal services for IPO matters and resolved legal issues for the company going public.” – Capital markets 

“Valuable experience in the debt market, good network, excellent communication skills with clients with different background, responsive and diligent services.” – Capital markets 

“Deep industrial insights and flexible fee arrangement.” – Corporate and M&A 

“The Fangda team helpfully identified evidence proving misbehaviours by employees.” – Dispute resolution 

“Fangda represented us in the deal and supported all the way from term sheet drafting, legal due diligence, to close documents negotiations and communication with the multiple stakeholders. They have been very responsive, helpful and professional.” – Private equity  

“The Fangda team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are very professional and hard-working.” – Private equity  

“They provided prompt response and insight into the legal nature of the relevant arrangement. Their advice reminds us of the blind point that we missed.” – Real estate 

“Fangda Partners is adept at responding to clients' questions quickly and efficiently and giving answers from a practical perspective.” – Technology and telecommunications 

Christine Chen 

“Christine has in-depth knowledge and experience in advising sophisticated international issuers and on local law issues. By providing practical and thoughtful solutions to complicated or tricky legal issues in the course of bond issuance, Christine has gained deep trust and respect from us. Her advice and constant contribution are immensely helpful to the successful execution of cutting-edge debt offering transactions.” 

Frank Fan 

“Prompt response with perspectives and thoughts.” 

Helen Fan 

“Helen oversaw the transaction and guided her team to work through the deal efficiently.” 

Diana Li 

“Deep industrial insights. Quick response.” 

Devan Shao 

“Devan provided invaluable advice on SDK compliance and trade secret protection.” 

Judy Tan 

“Judy is experienced in the aviation area and can always find a solution to dilemmas.” 

Yiru Wang 

“The team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are very hard-working.” 

Kate Yin 

“Yin led the whole team to conduct investigation and completed the task in line with the timetable, the team helpfully identified solid evidence against the employees concerned.” 


Work highlights 

Advising Albemarle, the world’s leading lithium material manufacturer, on its greenfield investment and construction of its next generation power lithium battery material plants in Sichuan, Jiangsu and other locations in China. The series of investment and construction is one of the largest foreign investment projects in the lithium material manufacture bases in China. 

Advised Starbucks for its first greenfield investment of manufacture plant in China. 

Advised Munters Air Treatment Equipment on the set up of its new subsidiary in Jiangyin, Jiangsu Province (JY Newco). 

Key clients 

GuocoLand China, Ping’an Real Estate, Roche. 

Global Law Office

Global Law Office is one of the ‘Outstanding’ firms in banking and finance. The firm’s banking and finance team has extensive experience in onshore, offshore and cross-border financing work, covering bilateral and syndicated loans, project finance, acquisition finance, real estate finance, asset finance, trade and ECA-backed finance. Lawrence Lin leads the firm’s banking and finance team. The firm’s private equity team got a further boost with the hiring of six partners in the last 12 months.

Client feedback 

Professional.” – Competition/antitrust  

Practical approach instead of theoretical analysis, timely response, understanding of business environment and solution-driven attitude.” – Corporate and M&A 

Provide professional advice on the litigation and they do it very well.” – Dispute resolution 

“Their team's dedication, solution-driven attention to detail and professionalism in handling sensitive issues have left a lasting impression on me.” – Dispute resolution 

GLO worked as the lawyer of CPE, and mostly achieved CPE's initial goal.” – Dispute resolution 

They are efficient and professional. They always help us to solve the problems in time.” – Investment funds 

“GLO lawyers are very knowledgeable and experienced in fund management and media and entertainment practices. They have been very efficient and responsive to our requests. In particular, with industrial knowledge in media and entertainment industry, GLO is able to not only assist us in identifying legal risks and providing effective legal solutions but also is able to advise us on the business side. Also, GLO lawyers, including their partners, are very easy to communicate with, patient and hard-working.” – Investment funds 

“Professional and efficient transaction service.” – Private equity  

“Global Law Office excels in providing professional advice and customer communication. The firm always provides opinions that best meet legal and regulatory requirements while meeting customer needs from a compliance perspective. We are very satisfied with Global Law Office's professional and timely feedback.” – Regulatory  

Jia Gui 

“Always able to provide professional advice and give feedback immediately. One of the best lawyers I used to work together.” 

Shifang Guo 

Commercial insights and good communication. 

Zhao Li 

He's very responsive and result-oriented and focuses on the litigation strategies to achieve the client's goals.” 

Jerry Liu 

Jerry is very professional and always provides legal advice and solutions to clients in a timely manner. He is also humorous and knowledgeable.” 

Xianlai Liu 

“He is an expert in investment fund and private equity areas. He can give us professional and one-stop services. 

Shujun Liu 

Apart from general legal issues, she is very skilled in antitrust-related business. For us, she is a very outstanding and indispensable partner.” 

Zhiping Zhu 

He is able to comprehensively control legal risks for clients from the perspectives of investment, transaction structure design and project prospect based on his deep understanding of rules and business models of the entertainment industry and integration and coordination of various resources.” 


Work highlights 

Advised Shanghai Taopu Smart City on the Taopu central green space phase II project. 

Advised Beijing Infrastructure Investment on the establishment of Beijing Suburban Railway Joint Development Group. 

Advised Beijing Maglev Transportation Development on the construction of the S1 Line in Beijing. 

Key clients 

Beijing BII Traffic Development, Beijing Infrastructure Investment, Qingdao Haifa State-owned Capital Investment and Operation Group, Shanghai Fengqin Real Estate. 

Hiways Law Firm

Since its founding in 1995, Hiways Law Firm has etched itself a formidable niche in the Shanghai legal landscape with its concentration on advising clients on real estate and construction projects. The firm’s construction team often works as outside legal counsel for real estate developers and construction companies, handling PPP legal service, project financing, construction management, and the sale and leasing of property. The chief proponent behind the construction engineering, Yubin Fu, has extensive experience in the real estate, construction and energy and natural resources areas. 


Work highlights 

Represented China Nuclear Industry 24 Construction in a Rmb9.8 million ($1.4 million) enforcement case, reaching a settlement with the opposing party. 

Advised Shanghai Yuanfang Groundwork Engineering, an urban infrastructure company, on several construction disputes. 

Advised China Nuclear Yangzhou Industrial Development on a Rmb12 million hospital construction project. This project is backed by the Yangzhou city government and would contribute to the high-quality development of healthcare in Yangzhou city. 

Key clients 

Shanghai Huyue Construction Engineering, Wuhan Hejian Real Estate Development, Xiapu Heyuan Real Estate. 

Jundu Law Firm

Jundu Law Firm specialises in construction. The firm’s construction team is particularly good at engineering and real estate and is often involved in bidding, drafting contracts, development, arbitration and litigation settlement. Founding partner Jinghui Tan’s practice covers construction, infrastructure investment, real estate development and settlement of complex commercial disputes. The firm also boosted its construction capacity with four new partners in 2022. 


Work highlights 

Advised Datu Real Estate Development on a Rmb220 million ($30 million) construction contract dispute. 

Advised a well-known internet company in a Rmb1.52 billion construction contract dispute. 

Key clients 

China Railway Construction Group, Jingcheng Ruixin Long Material Engineering Technology, Xi'an University of Science and Technology, Zhongye Jingcheng Engineering Technology. 

Zhong Lun Law Firm

Chinese legal powerhouse Zhong Lun Law Firm is ranked ‘Outstanding’ across various practice areas and industry sectors with its well-established teams in both the transactional and contentious arena. With its exceptional experience in complex and high-profile restructuring, M&A and various other transactions, it has assisted many hi-tech businesses in their development and expansion. Construction and project development have traditionally been the firm’s core practices, its expertise has also expanded to real estate, infrastructure and PPP, energy, public facilities and industrial manufacturing. Key partners to note from the firm are Shanghai-based partner Anthony Zhao, who specialises in capital markets, private equity, and cross-border investment/M&A, and Beijing-based partner Jihong Wang, whose practice covers corporate governance, health, safety, environmental protection and financing. The firm welcomed six partners including Qunwei Lu to further boost its first-class capital markets practice during the research cycle.

Client feedback 

“We are served by the firm's team led by partner Chongwen Li. They responded to our needs promptly, professionally and meticulously. They are good at grasping the core legal issues in complex cases and proposing effective solutions. I attended the hearing of the case in Jilin High People’s Court and was impressed by the excellent argument skills of the two counsels.” – Dispute resolution  

“We were deeply impressed by the service quality and service level of Zhong Lun Law Firm and their team. The lawyers can accurately and quickly understand our needs and can respond and respond accordingly. In terms of professional ability, they are very familiar with the laws and regulations in the professional field and can make professional judgements based on our problems.” – Regulatory  

“Firstly, the background of the project is complex, involving changes in actual use and the newly issued rental housing policy, and there is a relatively complex transaction structure. They quickly grasp new information, understand the essence of transactions, and complete the work with high quality. Secondly, they are able to complete heavy work in a tight time frame, which was highly praised by both parties.” – Real estate 

Professional and high quality.” – Real estate  

The Zhong Lun bankruptcy team is a professional, responsible and highly cooperative team. Zhong Lun consistently provides satisfactory solutions and problem-solving paths for its clients.Restructuring and insolvency  

Chongwen Li 

“He is always able to grasp the latest legal trends. In addition, he always puts his clients first, prioritises our needs.” 

“Very professional and leads a well-coordinated team. Always helps us to obtain favourable results.” 

Xiangwen Liu  

“Mr. Liu Xiangwen has excellent professional ability. In specific projects, he can understand our internal pain points and proposes practical solutions for enterprises based on the actual situation of those enterprises.” 

Fangrong Wu 

“Professional, efficient, high quality and timely.” 

Shengfeng Xu 

“Mr. Xu has been deeply involved in bankruptcy law for over 20 years and has handled numerous influential cases in China. Several of his cases have been selected as typical cases by the Supreme People's Court. His professional capability has been recognised and praised by courts, clients, and intermediary institutions. In addition to a PhD degree, he is proficient in writing and has published multiple books and articles on bankruptcy law.” 

Rui Zhang 

“She has strong work abilities and is able to complete complex tasks under heavy pressure.” 


Work highlights 

Advised TBEA Hengyang Transformer on its project of engineering, procurement, and construction of 108 smart warehouses in Cote d'Ivoire. 

Provided legal services for Greentown’s development and construction of the Hangzhou Chunyue Jinlu project. 

Advised PowerChina Roadbridge Group Central China Branch on its ecological protection and green development project of the Yidu section of Yangtze River. 

Key clients 

Beijing International Resort, CICC, Hangzhou Hua’an Real Estate, Shanghai Shangshi North Bund New Landmark Development. 

Corporate and M&A
AllBright Law Offices

Founded in 1999 with branch offices in 20 cities across China, full-service law firm AllBright Law Offices is known for its expertise in capital markets, corporate and M&A, dispute resolution and tax. Senior partner Fangzhou (Ark) Bao is experienced in providing legal services to companies regarding corporate restructurings and IPOs in both domestic and overseas stock exchanges.  

Client feedback 

“Professional, efficient and enthusiastic.” – Aviation and shipping 

“Besides legal advice, Allbright provides practical ways to solve the issue with commercial consideration, and brings value-added service.” – Aviation and shipping 

“Good legal and communication skill.” – Corporate and M&A 

“Good knowledge of the transaction background, knows very well about all the transaction documents, can make proper recommendations to the clients. Very responsive, can meet the client's requests re timing.” – Corporate and M&A 

Fang Cao 

“Fang Cao is the focal point of Allbright to handle our cases in China, he's familiar with our style and is competent in practice.” 

David Li 

“Excellent legal skill and project experience.” 

“Always accessible, responsive, good knowledge about the whole deal.” 

Yuheng Zhang 

“Professional, efficient and enthusiastic.” 


Work highlights 

Advised XCMG Construction Machinery on its merger project with XCMG Engineering Machinery. This is the largest absorption and merger deal in Chinese domestic equipment manufacturing industry in recent years. 

Advised Shanxi Puyang Lubao Energy Technology on its acquisition of Shanxi Jinliu Group’s equity in a CNY10 billion ($1.4 billion) transaction. 

Key clients 

China Resources Sanjiu Pharmaceutical, China Southern Power Grid Energy Storage, Ping An Capital, Recovery Plus, Logan Group Company. 

AnJie Broad Law Firm

AnJie Broad Law Firm is ranked ‘Outstanding’ in competition/antitrust and insurance. The firm also has expertise in the areas of banking and finance, cross-border M&A, dispute resolution, intellectual property, and labour and employment. Partner Michael Gu specialises in competition/antitrust, handling merger control filings for multinational companies. He also frequently advises clients on the monopoly agreement and abuse of dominance issues and provides strategic preventive solutions. Zhining Wang joined the firm’s competition/antitrust team from Xiaomi Technology in March 2023. 

Client feedback

“The firm is very professional in providing legal consultancy and helped us with negotiation with the other party. They always provide prompt and professional response.” – Intellectual property  

“Being able to think out of box and act commercially when principals are absent.” – Private equity  

Hang Cai 

“Provided great advice on the overall deal structure and supported principals’ immersivity in the negotiation stage.” 

Hongchun Liu 

“Mr. Liu is very good at understanding clients' needs and can understand clients' business in a short time. Most of time, he can provide professional advice which is easy to be understood by someone without a legal background.” 


Work highlights 

Advised CICC Chunhua on its investment into Taixing Yongzhi Electronic Devices. 

Advised Beiqi Foton Motor in its investment into Shanghai Eastern Airlines Equipment Manufacturing. 

Broad & Bright

Full-service law firm Broad & Bright provides legal services in multiple practice areas for clients, with particular expertise in cross-border business transactions. A key partner to note in the firm’s M&A team is Hongchuan Liu, whose practice covers capital markets, corporate and M&A, dispute resolution and private equity. The firm has hired several new partners in the past 12 months, including Jenny Zhong from JunHe, Sanny Liu from DeHeng Law Offices, and Wang Zhang from Dentons China.

Client feedback

“Always finishes work to first-grade quality. Patient and devoted to analyse difficult problems.” – Corporate and M&A

“Professional, with a deep understanding of the industry and law.” – Corporate and M&A

Xiaoou Huang

“Very responsive with rich experience in corporate law.”


Work highlights

Advised global chemical distributor Azelis on its acquisition of Ingredients Plus China.

Advising BYD, a leading electric car manufacturer in China, on the shareholding restructure of Denza, a joint venture established by BYD and Daimler.

Advised Tedia US on its sale of equity interest in Anhui Tedia to Titan. This transaction helps Tedia US achieve a high return and will enhance the future strategy of Tedia US and Titan in their respective markets.

Commerce & Finance Law Offices

Commerce & Finance Law Offices provides a comprehensive and diverse array of legal services that range from capital markets, corporate and M&A and dispute resolution to restructuring and insolvency. The firm has etched itself a formidable niche in the China legal landscape with its concentration on representing overseas companies that have investment interests in China. Its capital markets team has assisted many companies in completing their IPOs, refinancing and offering of bonds and other securities in the capital markets arena. Its dispute resolution practice, on the other hand, hosts a stable of litigators including Hongji Li and Jialu Wang, who have proven adept with a particular focus on the commercial disputes space. 

Client feedback 

“Professional, dedicated and high efficiency. The firm always provides professional advice for its client.” – Intellectual property  

“They are very professional, passionate, efficient, and great at what they should do for the customers. They are also willing to go the extra mile to exceed our expectations.” – Intellectual property 

“Rich knowledge and experience in the law and local practice. Good and efficient communication with client and delivered results beyond expectation.” – Labour and employment  

Jing Chen 

“Jing Chen is good at managing complicated cases and offering suitable advice on the issues that other firms might get lost. She is very experienced at giving the whole picture of solving the issues when it is related to multi-party benefits. She is also great at communicating with different people with different backgrounds and personalities. She is patient when she is explaining the legal documents and always puts herself in the customer’s shoes to evaluate the solutions.” 

Jing Gong 

“Professional and high efficiency.” 

Freddy Huang 

“Smooth and intime communication with client, deep understanding of local jurisdiction and make efforts to deliver the expected service to client.” 


Work highlights 

Advised China International Capital Corporation, the financial adviser of China Energy Engineering Corporation, on CEEC’s share exchange and merger of Gezhouba project. This is the first case of H-share listed companies merging with A-share listed companies, and the largest merger case in recent years. 

Provided comprehensive legal service for the acquisition of Yantai Nanshan University by International Alliance Financial Leasing. 

Providing legal services for China Power's acquisition of three wind power projects, namely, Hami Ruiding, Hami Laibei and Hami Jiuding. 

Key clients 

Dalian Xueyoucheng Information Technology, Modern Farming, Shanghai Duoning Biotechnology, ZuriMED Technologies 

Dacheng Law Offices

Dacheng Law Offices is ‘Highly recommended’ in our construction, labour and employment, restructuring and insolvency tables. The firm is best known for its speciality in handling matters across the spectrum of transportation and infrastructure. Through cooperation with the government and enterprises in major construction projects, the team has accumulated extensive experience in public-private partnerships (PPPs). Based in Beijing, senior partner Huazhi Yuan heads the firm’s real estate and natural resources practices. Real estate, construction, PPP, mineral resources and general corporate law are some of his core practices. 

Client feedback 

“Dentons China is highly recommended in the field of energy and corporate laws, the expertise and efficiency represented by partner Chang and her team members is evident and impressive.” – Corporate and M&A 

“High professional level, good service, reasonable fees, high win rate.” – Dispute resolution 

“As a massive legal platform, Dentons China is filled with experts in various fields, including energy and construction, and it is able to form temporary teams for solving different types of cases.” – Energy  

“The main advantages of Dentons China lie in its professionalism, overall perspective, and the professionalism.” – Intellectual property  

“High level of expertise. Client oriented. Great sense of the combination of business purpose and laws.” – Intellectual property  

“Dentons China has been providing legal services for us for a very long period, we witnessed its expansion of business scale and growth of depth of expertise in various fields. With a strong base of experts, Dentons China is capable of providing detailed and comprehensive legal solutions for specific problems. While obvious legal risks are apparent, Dentons would be able to discover the risk underneath the surface.” – Real estate 

“Professional service, rich experience in real estate, and integrity. The firm helped the company to avoid many legal risks and has been valuable for us for years.” – Real estate 

“The most obvious advantage Dentons China has is that they are a global-based law firm which focused on various legal fields. As the complexity and scale of our business is constantly rising after the pandemic, Dentons China is able to provide the legal service that we require.” – Real estate 

“Dentons China is widely known for its massive team of legal personnel in various fields. In the process of several projects participated in by Dentons China, their team managed to secure our interests by designing project structures and reviewing all related agreements. Lawyers from Dentons China demonstrated full endeavour for the matters of our concern.” – Real estate 

“The overall leader of the team, Lawyer Gao, is a lawyer specialising in the field of bankruptcy reorganisation. Lawyer Gao has formed a large and experienced team of lawyers to support this project. She and her team are very professional in handling bankruptcy-related issues, and the entire team responds promptly and efficiently. During the process, we felt that our company had extremely smooth communication with any lawyer within the team.” – Restructuring and insolvency 

Qing Chang 

“Qing is a very sophisticated lawyer and has been providing legal service for real estate corporations for more than a decade. During this process, she has been watching over the development of the industry, which has helped her to predict the future development of certain law and policies.” 

“Lawyer Qing and her teammates are all very good at responding to our request speedily. They truly demonstrated that their actions are highly effective and responsive. As a lawyer, Qing is not only professional but also diligent, and Qing has helped our corporation to avoid potential legal risk.” 

“Lawyer Qing has successfully constructed a very sophisticated team targeted in the field of real estate and construction. Her outstanding capability in solving real estate legal matters with innovative methods are widely recognised by my colleagues who participated into the project. While facing substantial obstacles discovered during the due diligence investigation, lawyer Qing managed to design compatible and effective mechanisms in the agreements, which enabled us to manage the potential risks.” 

“Partner Qing Chang provided full-process legal assistance for the transformation of the energy project. Based on the situation of the project and other factors, she optimised our interests during negotiations and the draft of legal documents. Since the project is vital to the financing of the operation, partner Qing Chang managed to solve our problems at a very responsive fashion with high-quality outcomes.” 

“As a long-term partner, Lawyer Qing is a very capable and reliable real estate lawyer, who has clearly accumulated tremendous knowledge and practical experience in real estate and construction. Her ability to acquire new knowledge from a novel legal field and utilise it in solving practical matters is very impressive. With the help of her team, we successfully ensured and secured the steady growth of the project without crossing any red lines.” 

Meili Gao 

“As the lead lawyer for the entire project, the deepest impression is that, firstly, she is very professional and often discovers potential factors that are unfavourable to our clients in the tense business negotiation process. She provided reminders and helped us avoid many possible legal risks. Secondly, her communication skills are very strong, and we feel very reassured that she is responsible for coordinating with all parties. Through countless rounds of friendly but authoritative negotiations between lawyer Gao and the government, the other party's managers, and relevant business leaders, the entire project has been promoted more smoothly. She has excellent overall planning skills, and under her leadership, the team has enabled everyone to leverage their strengths and achieve perfect collaboration among team members.”  

Tao Li 

“Professional, precise, tenacious, humble, kind, conscientious.” 

Charles Wu 

“Very experienced and professional. Charles greatly helps us to manage risk.” 


Work highlights 

Represented Arm China in its joint venture control dispute among shareholders. 

Advised Foxconn on its acquisition of Prettl SWH Group. 

Advised Mori Building Shanghai on its investment in the North Bund 89 Block, a large urban complex in Shanghai. 

Key clients 

China Resources Land Holdings, Platinum Equity, Suzhou ExCell Biotechnology

DaHui Lawyers

DaHui Lawyers has extensive experience in capital markets transactions and has served as PRC counsel for issuers and underwriters in both equity and debt offerings in the US and Hong Kong, handling IPOs, secondary offerings, bond offerings and private placements. Managing partner of DaHui Lawyers, Richard Ma, has more than 20 years of experience in representing companies in capital markets, M&A, investments and compliance matters. His industry strengths are in media and entertainment, and technology and telecommunications. The firm hired a number of new partners in the last 12 months: Yun Chen from Baker McKenzie FenXun, Reking Chen from DLA Piper, Jiawen Gong from Jia Yuan Law Offices, and Yi Dai from Wang Jing & Co. 


Work highlights 

Advised on Reed Exhibitions’ largest reorganisation since the business’s entry into the China market two decades ago. 

Assisting a giant state-owned Chinese corporation in its acquisition of a Hong Kong company in a highly regulated industry. 

Key clients 

Airbnb, Elsevier, FBA Capital Management, Ideanomics. 

D'Andrea & Partners Legal Counsel

D’Andrea & Partners Legal Counsel, named for managing partner Carlo D’Andrea, mines a unique niche exclusively dedicated to inbound investment projects, especially for its clients who are Italian conglomerates and SMEs entering the China market. D’Andrea specialises in cross-border mergers and acquisitions and intellectual property rights. Another key partner to note is Matteo Zhi, who has extensive experience in Sino-Italian investments and legal affairs. 


Work highlights 

Advised Piovan Plastics Machinery (Suzhou), an ancillary equipment and services supplier, on its investment in the Suzhou National High-tech Industrial Development Zone Administrative Committee for the purpose of establishing a larger manufacturing unit. 

Key clients 

Radici Plastics (Suzhou). 

DeHeng Law Offices

DeHeng Law Offices specialises in acquisition finance and project finance. Partner Xu (Jennifer) Zhang is experienced in cross-border financing, including syndicated lending, asset finance and sovereign loans. The firm now has 38 branch offices in China and 11 branch offices in foreign countries. 

Client feedback 

“They have a positive work attitude, rich knowledge on construction management and law, rich experience in solving difficult problems, and work efficiently.” – Construction  

“The lawyers’ service attitude of this law firm is very good. Their communication with us is smooth, and cooperation is good. They have rich experience in construction project bidding, contract management, and other fields, which has greatly helped us.” – Infrastructure 

“The law firm is particularly responsive and has a strong ability to solve difficult problems.” – Infrastructure 

“This team is very dedicated, responsible, and professional in the process of cooperation with our company. Shen Wei is recognised for his enviable expertise in labour dispute resolution. We look forward to working with this team in the long term.” – Labour and employment  

Hongyuan Li 

“Lawyer Li is very patient, always patiently answering our difficult questions, and he always develops clever solutions when facing complex problems, which greatly helps our company's work.” 

“Li has a high level of legal service. He has good cooperation with our employees and has achieved good work results.” 

Shen Wei 

“Shen Wei is a key figure at DeHeng. In addition to being known for handling labour arbitration and litigation cases, he was also praised for serving as an arbitrator.” 


Work highlights 

Advising Guangzhou Great Power Energy & Technology on its planned purchase of 24.08% shares of Shida Battery Technology by issuing shares to Shida Battery’s shareholders. 

Advised Asia Potash International Investment (Guangzhou) on its purchase of 56% of the equity of agricultural potassium resources. 

Key clients 

BanBao, China Great Wall Asset Management (Sichuan branch), Regina Miracle International, Shanghai Haoyuan Pharmaceutical.  

Fangda Partners

Top-tier firm Fangda Partners dominates the majority of ranking tables. The firm also moved up to the ‘Outstanding’ tier in this year’s media and entertainment rankings. Its regulatory team provides one-stop compliance and government enforcement services, including corporate investigations, government enforcement, compliance advisory and related contentious matters. A key partner to note in the team is Kate Yin, who is a recognised leader in complex government enforcement, internal investigation and regulatory compliance, especially for challenging cross-border matters. Corporate partner Jeffrey Ding attends to a varied practice composed of capital markets, corporate M&A and private equity, while Pu (Alexandra) Yang is a long-time authority in the intellectual property capacity. Gordon Gao, a renowned figure in IP, left the firm in May 2022 for King & Wood Mallesons, and the firm’s IP team welcomed Wen Zou and Michelle Ning from Gen Law Firm. 

Client feedback 

“Always find solutions to dilemmas, which will facilitate the transaction until the completion of the transaction. Always careful, diligent and efficient.” – Banking and finance 

“Fangda advised us on legal compliance and assisted us in private equity financings. Most importantly, they provided legal services for IPO matters and resolved legal issues for the company going public.” – Capital markets 

“Valuable experience in the debt market, good network, excellent communication skills with clients with different background, responsive and diligent services.” – Capital markets 

“Deep industrial insights and flexible fee arrangement.” – Corporate and M&A 

“The Fangda team helpfully identified evidence proving misbehaviours by employees.” – Dispute resolution 

“Fangda represented us in the deal and supported all the way from term sheet drafting, legal due diligence, to close documents negotiations and communication with the multiple stakeholders. They have been very responsive, helpful and professional.” – Private equity  

“The Fangda team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are very professional and hard-working.” – Private equity  

“They provided prompt response and insight into the legal nature of the relevant arrangement. Their advice reminds us of the blind point that we missed.” – Real estate 

“Fangda Partners is adept at responding to clients' questions quickly and efficiently and giving answers from a practical perspective.” – Technology and telecommunications 

Christine Chen 

“Christine has in-depth knowledge and experience in advising sophisticated international issuers and on local law issues. By providing practical and thoughtful solutions to complicated or tricky legal issues in the course of bond issuance, Christine has gained deep trust and respect from us. Her advice and constant contribution are immensely helpful to the successful execution of cutting-edge debt offering transactions.” 

Frank Fan 

“Prompt response with perspectives and thoughts.” 

Helen Fan 

“Helen oversaw the transaction and guided her team to work through the deal efficiently.” 

Diana Li 

“Deep industrial insights. Quick response.” 

Devan Shao 

“Devan provided invaluable advice on SDK compliance and trade secret protection.” 

Judy Tan 

“Judy is experienced in the aviation area and can always find a solution to dilemmas.” 

Yiru Wang 

“The team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are very hard-working.” 

Kate Yin 

“Yin led the whole team to conduct investigation and completed the task in line with the timetable, the team helpfully identified solid evidence against the employees concerned.” 


Work highlights 

Advised Saudi Aramco’s subsidiary, as a foreign strategic investor, on purchasing 10% plus one share of the listed company, Rongsheng Petrochemical. 

Represented Gaolin Capital in its acquisition of Suzhou Hongtian Medical Investment. 

Represented Kirin in its sale of 40% stake in a joint venture established with China Resources to Plateau Consumer. 

Representing China Mobile Capital Holding in its investment in and acquisition of the controlling stake of Venustech Information Technology Group. 

Advising Thematic Bridge Investment, an investment vehicle of Boyu Group, on its voluntary conditional general cash offer for all the offer shares in Jinke Smart Services Group. 

Key clients 

Alibaba, Citibank, L Catterton Asia, PCCW Enterprise Resources, Philips (China) Investment, Swire Beverages, UBS. 

Global Law Office

Global Law Office is one of the ‘Outstanding’ firms in banking and finance. The firm’s banking and finance team has extensive experience in onshore, offshore and cross-border financing work, covering bilateral and syndicated loans, project finance, acquisition finance, real estate finance, asset finance, trade and ECA-backed finance. Lawrence Lin leads the firm’s banking and finance team. The firm’s private equity team got a further boost with the hiring of six partners in the last 12 months.

Client feedback 

Professional.” – Competition/antitrust  

Practical approach instead of theoretical analysis, timely response, understanding of business environment and solution-driven attitude.” – Corporate and M&A 

Provide professional advice on the litigation and they do it very well.” – Dispute resolution 

“Their team's dedication, solution-driven attention to detail and professionalism in handling sensitive issues have left a lasting impression on me.” – Dispute resolution 

GLO worked as the lawyer of CPE, and mostly achieved CPE's initial goal.” – Dispute resolution 

They are efficient and professional. They always help us to solve the problems in time.” – Investment funds 

“GLO lawyers are very knowledgeable and experienced in fund management and media and entertainment practices. They have been very efficient and responsive to our requests. In particular, with industrial knowledge in media and entertainment industry, GLO is able to not only assist us in identifying legal risks and providing effective legal solutions but also is able to advise us on the business side. Also, GLO lawyers, including their partners, are very easy to communicate with, patient and hard-working.” – Investment funds 

“Professional and efficient transaction service.” – Private equity  

“Global Law Office excels in providing professional advice and customer communication. The firm always provides opinions that best meet legal and regulatory requirements while meeting customer needs from a compliance perspective. We are very satisfied with Global Law Office's professional and timely feedback.” – Regulatory  

Jia Gui 

“Always able to provide professional advice and give feedback immediately. One of the best lawyers I used to work together.” 

Shifang Guo 

Commercial insights and good communication. 

Zhao Li 

He's very responsive and result-oriented and focuses on the litigation strategies to achieve the client's goals.” 

Jerry Liu 

Jerry is very professional and always provides legal advice and solutions to clients in a timely manner. He is also humorous and knowledgeable.” 

Xianlai Liu 

“He is an expert in investment fund and private equity areas. He can give us professional and one-stop services. 

Shujun Liu 

Apart from general legal issues, she is very skilled in antitrust-related business. For us, she is a very outstanding and indispensable partner.” 

Zhiping Zhu 

He is able to comprehensively control legal risks for clients from the perspectives of investment, transaction structure design and project prospect based on his deep understanding of rules and business models of the entertainment industry and integration and coordination of various resources.” 


Work highlights 

Acted for Primavera Capital Group on its $2.2 billion acquisition of the greater China business of Mead Johnson, a famous premium infant milk formula brand, from Reckitt Benckiser Group. 

Advised on the privatisation of New Frontier Health Corporation. 

Advised Shenzhen SF Taisen Holdings on its acquisition of Kerry Logistics, a Hong Kong-listed company, through a wholly owned subsidiary through tender offer, with an investment of about HK$18 billion ($2.3 billion). 

Key clients 

Ascentage Pharma, Jiaxin International Resources Investment, Shanghai Medical Instruments, Xiaomi Corporation. 

Guantao Law Firm

With 13 offices in China, Guantao Law Firm provides legal services across all practice areas. The firm is ranked ‘Highly recommended’ in restructuring and insolvency. Its team advises non-bank financial institutions on dissolution liquidation, insolvency liquidation and insolvency reorganisation. Managing partner Liguo Cui has expertise in transactional law with a focus on aviation, financial services, manufacturing, pharmaceuticals and healthcare.


Work highlights 

Advised Shanxi Coking Coal Energy Group on its acquisition of 51% equity in Huajin Coking Coal and 49% equity in Mingzhu Coal. 

Advised Guangdong Yuehai Urban Investment on its acquisition of equity interest in the project company Foshan Baoli Real Estate. 

Advised China Life Investment-Caohejing Industrial Park on its equity investment plan in Shanghai Caohejing Hi-Tech Park Development Corp. 

Key clients 

Beijing New Mileage Health Industry Group, Guangdong Land Holdings, HuaianGuangzhi Real Estate Development, Sinar Mas Paper (China) Investment. 

Haiwen & Partners

Founded in 1992, Haiwen & Partners is experienced in cross-border securities, M&A transactions, private equity, and general corporate and commercial dispute resolution. Media and entertainment is one of the firm’s key industry sectors. It is often involved in the development of film and television projects, formation of production and financing vehicles, and other new media matters. The firm currently has around 300 lawyers in total working at its Beijing, Chengdu, Hong Kong, Shanghai and Shenzhen offices. Beijing-based partner Yu Cao is a reputable entertainment lawyer. On top of his profound understanding of the media industry, he is also experienced in general corporate and finance transactions. The firm lured corporate partner Chensheng Qiu to its bench from Fangda Partners in 2021.

Client feedback 

Professional, efficient, extensive experienced and very easy to talk with.” – Aviation  

Their professionalism and hard work make our aircraft delivery smoothly and efficiently.” – Aviation  

Han Kun Law Offices always provides us with prompt and practicable legal advice, helping us to cope with various legal issues and support the business team effectively.” – Banking and finance  

They always find solutions to dilemmas to facilitate the transaction. Good at communication for both sides when negotiating.” – Banking and finance 

Responsive and professional.” – Capital markets 

They provided very comprehensive proposals to protect our interests in either negotiation or in closing the deal. They efficiently and promptly provide feedback every time we ask for help. They have deep understanding of the consumer market.” – Capital markets 

Han Kun is familiar with the competition regulation in China and the best practice to deal with the regulator. Han Kun is excellent in the preparation of the filing documents the team can always spot the key issues to address in the responses to the regulators' queries and propose the most pragmatic and appropriate way to address the issues.” – Competition/antitrust 

A top-tier full-service law firm with many legal elites and sophisticated and seasoned legal professionals. Among the years co-working with the firm, it did not take too long to have me fully convinced and therefore ensured of the deep trust in the firm and the partners on not only retaining them to do any project on routine or urgent base, but also establishing a profound friendship, professional-wise and private-wise.” – Corporate and M&A 

Han Kun provides very helpful and thoughtful advice in all the assignments I gave them.” – Corporate and M&A 

Professional, result-oriented, responsive, skilful and strategic.” – Dispute resolution  

Sound abilities on analysing the complex case and solid preparation of the evidence.” – Dispute resolution 

Quite responsive. Strong commercial sense.” – Investment funds 

Solid legal knowledge, very responsive and professional.” – Labour and employment  

With their professional lawyers, they actively defended for us, did rigorous research within the domain and dug out good old cases which provided us with advantages during the trial.” – Media and entertainment 

Very professional and efficient.” – Private equity  

Han Kun Law Offices provided exceptional legal services throughout the entire process. Their expertise in the intricacies of private equity transactions and their understanding of the specific challenges and regulations within the life sciences industry were evident in their work.” – Private equity  

The Han Kun team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are client-focused. They are very responsive and always work around the clock.” – Private equity  

Quick response, first priority, practical and commercially driven, professional.” – Real estate 

Professional, timely response, deep industry knowledge, client-oriented.” – Regulatory  

In addition to professionalism and highly sophisticated skills, Michelle's team knows well about corporate operation and pain points. They can provide landing solutions.” – Regulatory  

“Accurate legal services. They have the ability to solve problems and have a positive service attitude.” – Tax 

Xiaoming Deng 

“Mr. Deng is very professional in securities litigation, especially the area of securities misrepresentation and fraud. I think he is one of the best lawyers in this area in China. Mr. Deng has great enthusiasm for his profession. He is always glad to discuss the question I asked. 

Yi Ding 

“Good at communication, can always find a solution when negotiation has come to a dead end.” 

Shiwen Dong 

Has a strong sense of problem-solving.” 

Chaoying Li 

Chaoying Li always handles our sophisticated legal issues and coordinates the resources we need inside Han Kun.” 

Huhuan Li 

He works professionally and highly efficiently.” 

Sheng Li 

Responsive and professional.” 

Zeda Lin

Lin offers very good legal advice.” 

Liyu Jin 

Good communication skills, rich experience in handling arbitration.” 

Denling Jin 

“Professional, problem-solving, skilful, strategic and responsive.” 

Michelle Gon

Michelle's leadership and ownership is strong. She responds swiftly with abundant experience.” 

Jin Qian 

“Strong commercial sense. Responsive. Good local knowledge. Qian also provides regular follow-ups and newsletters for legal developments.” 

Vincent Song 

Song’s comprehensive understanding of the consumer market and our company makes him always provide good advice. Song is very professional in terms of fund raising and company legal structure set up. He is efficient and always on call to provide feedback.” 

Dan Sun 

Sun has good communication skills, full knowledge of both the legal regulations and company. Sun also has a trouble-shooting attitude.” 

David Tang 

A top legal practitioner with marvellous leadership.” 

Huan Wang 

Huan has been our first choice of legal counsel for over 10 years. He is also a well-known lawyer in capital markets and private equity in China in the TMT sector and traditional industries. Huan has deep professional knowledge in various sectors with high flexibility in problem solving.” 

Dana Wu 

Wu is very reliable and knowledgeable. She is the go-to person when our company comes across tough legal matters. She also maintains a good relationship with her colleagues and can always find the right person to advise us when it comes to an area with which she is not familiar.” 

Shu Wang 

Ms. Wang Shu is skilled, fantastic and outstanding in the areas.” 

Wang is very professional, efficient, extensively experienced and very easy to talk with.” 

Angus Xie 

Angus's expertise in competition law is commendable, with a deep knowledge of the legal framework and antitrust regulations in China. Angus is familiar with international transactions and is able to provide insightful and effective legal advice to foreign clients. Angus and his team's analytical skills and attention to detail enable them to provide insightful and effective legal advice to clients. They are renowned for their strategic thinking and problem-solving abilities. They consistently demonstrate professionalism, integrity and a client-centric approach in their practice, ensuring that their clients' needs are met effectively and efficiently.” 

Liming Yuan 

“With extensive corporate M&A experience, state-of-the-art drafting skills and a deep understanding of client needs, Liming provides customised legal support to always get the job done right.” 

 

Li Zhang 

Li demonstrated a deep understanding of the legal and regulatory landscape governing private equity investments.” 

Ting Zheng 

Ting is very responsive and has solid banking-related knowledge in a quite broad way, no matter whether data-related or just loan-related.” 


Work highlights

Advised Morgan Stanley Securities (China) in Unifrax Asia-Pacific Holdings acquisition of the shares of Luyang Energy-Saving Material Company through a partial tender offer. 

Acted as legal adviser to Warburg Pincus in ByteDance’s acquisition of 100% equity of Amcare for Rmb10 billion ($1.37 billion). 

Representing HSBC to acquire 39% equity interests held by the domestic shareholders and to step up in HSBC Qianhai Securities. This is the first batch of foreign investors' step-up in securities companies after China’s policy on the ratio of foreign shareholding in securities companies was further opened in 2020. 

Key clients 

Blue Safari Group Acquisition, Demant, Deutsche Bank, Hangzhou Calibra Diagnostics, HH&L Acquisition. 

Han Kun Law Offices

Han Kun Law Offices is ranked ‘Outstanding’ in corporate and M&A, investment funds and private equity. The firm has also earned a reputation in capital markets for its performance in representing both domestic and international clients from various emerging industries. Its aviation finance team, on the other hand, is experienced in advising both Chinese and foreign lessors as well as Chinese and foreign banks in their leasing and finance of commercial aircraft and business jets to Chinese airlines.  Based in the firm’s Beijing and Shenzhen office, partner Chaoying (Charles) Li is experienced in public and private financings, M&A, incorporation and corporate restructuring, foreign direct investment, and intellectual property protection. During the research period, Jianhui Li, Xiaoxue (Dana) Wu, Qing (Nick) Shu, Dongni Jiang and Jing (Gilbert) Shen joined the firm as partners. The firm welcomed five partners to enhance its practices across M&A, private equity and investment fund in the last 12 months: Ping Xu and Jianhui Li from Tian Yuan Law Firm, Yan Xia from Shihui Partners, Sheldon Chen and Clarence Chung from Llinks Law Offices.

Client feedback 

Professional, efficient, extensive experienced and very easy to talk with.” – Aviation  

Their professionalism and hard work make our aircraft delivery smoothly and efficiently.” – Aviation  

Han Kun Law Offices always provides us with prompt and practicable legal advice, helping us to cope with various legal issues and support the business team effectively.” – Banking and finance  

They always find solutions to dilemmas to facilitate the transaction. Good at communication for both sides when negotiating.” – Banking and finance 

Responsive and professional.” – Capital markets 

They provided very comprehensive proposals to protect our interests in either negotiation or in closing the deal. They efficiently and promptly provide feedback every time we ask for help. They have deep understanding of the consumer market.” – Capital markets 

Han Kun is familiar with the competition regulation in China and the best practice to deal with the regulator. Han Kun is excellent in the preparation of the filing documents the team can always spot the key issues to address in the responses to the regulators' queries and propose the most pragmatic and appropriate way to address the issues.” – Competition/antitrust 

A top-tier full-service law firm with many legal elites and sophisticated and seasoned legal professionals. Among the years co-working with the firm, it did not take too long to have me fully convinced and therefore ensured of the deep trust in the firm and the partners on not only retaining them to do any project on routine or urgent base, but also establishing a profound friendship, professional-wise and private-wise.” – Corporate and M&A 

Han Kun provides very helpful and thoughtful advice in all the assignments I gave them.” – Corporate and M&A 

Professional, result-oriented, responsive, skilful and strategic.” – Dispute resolution  

Sound abilities on analysing the complex case and solid preparation of the evidence.” – Dispute resolution 

Quite responsive. Strong commercial sense.” – Investment funds 

Solid legal knowledge, very responsive and professional.” – Labour and employment  

With their professional lawyers, they actively defended for us, did rigorous research within the domain and dug out good old cases which provided us with advantages during the trial.” – Media and entertainment 

Very professional and efficient.” – Private equity  

Han Kun Law Offices provided exceptional legal services throughout the entire process. Their expertise in the intricacies of private equity transactions and their understanding of the specific challenges and regulations within the life sciences industry were evident in their work.” – Private equity  

The Han Kun team have outstanding legal skills and are especially good at dealing with transactions with complicated structure. They are client-focused. They are very responsive and always work around the clock.” – Private equity  

Quick response, first priority, practical and commercially driven, professional.” – Real estate 

Professional, timely response, deep industry knowledge, client-oriented.” – Regulatory  

In addition to professionalism and highly sophisticated skills, Michelle's team knows well about corporate operation and pain points. They can provide landing solutions.” – Regulatory  

“Accurate legal services. They have the ability to solve problems and have a positive service attitude.” – Tax 

Xiaoming Deng 

“Mr. Deng is very professional in securities litigation, especially the area of securities misrepresentation and fraud. I think he is one of the best lawyers in this area in China. Mr. Deng has great enthusiasm for his profession. He is always glad to discuss the question I asked. 

Yi Ding 

“Good at communication, can always find a solution when negotiation has come to a dead end.” 

Shiwen Dong 

Has a strong sense of problem-solving.” 

Chaoying Li

Chaoying Li always handles our sophisticated legal issues and coordinates the resources we need inside Han Kun.” 

Huhuan Li 

He works professionally and highly efficiently.” 

Sheng Li 

Responsive and professional.” 

Zeda Lin 

Lin offers very good legal advice.” 

Liyu Jin 

Good communication skills, rich experience in handling arbitration.” 

Denling Jin 

“Professional, problem-solving, skilful, strategic and responsive.” 

Michelle Gon 

Michelle's leadership and ownership is strong. She responds swiftly with abundant experience.” 

Jin Qian 

“Strong commercial sense. Responsive. Good local knowledge. Qian also provides regular follow-ups and newsletters for legal developments.” 

Vincent Song

Song’s comprehensive understanding of the consumer market and our company makes him always provide good advice. Song is very professional in terms of fund raising and company legal structure set up. He is efficient and always on call to provide feedback.” 

Dan Sun 

Sun has good communication skills, full knowledge of both the legal regulations and company. Sun also has a trouble-shooting attitude.” 

David Tang 

A top legal practitioner with marvellous leadership.” 

Huan Wang 

Huan has been our first choice of legal counsel for over 10 years. He is also a well-known lawyer in capital markets and private equity in China in the TMT sector and traditional industries. Huan has deep professional knowledge in various sectors with high flexibility in problem solving.” 

Dana Wu 

Wu is very reliable and knowledgeable. She is the go-to person when our company comes across tough legal matters. She also maintains a good relationship with her colleagues and can always find the right person to advise us when it comes to an area with which she is not familiar.” 

Shu Wang

Ms. Wang Shu is skilled, fantastic and outstanding in the areas.” 

Wang is very professional, efficient, extensively experienced and very easy to talk with.” 

Angus Xie 

Angus's expertise in competition law is commendable, with a deep knowledge of the legal framework and antitrust regulations in China. Angus is familiar with international transactions and is able to provide insightful and effective legal advice to foreign clients. Angus and his team's analytical skills and attention to detail enable them to provide insightful and effective legal advice to clients. They are renowned for their strategic thinking and problem-solving abilities. They consistently demonstrate professionalism, integrity and a client-centric approach in their practice, ensuring that their clients' needs are met effectively and efficiently.” 

Liming Yuan 

“With extensive corporate M&A experience, state-of-the-art drafting skills and a deep understanding of client needs, Liming provides customised legal support to always get the job done right.”

Li Zhang 

Li demonstrated a deep understanding of the legal and regulatory landscape governing private equity investments.” 

Ting Zheng 

Ting is very responsive and has solid banking-related knowledge in a quite broad way, no matter whether data-related or just loan-related.” 


Work highlights 

Represented the National IC Industry Investment Fund Phase II in its establishment of a joint venture, Changjiang Storage Phase II Technology. 

Advised Corporate Service Company on corporate and regulatory matters on the acquisition of Intertrust. 

Represented Wallaby Medical Holding in its acquisition of Phenox and Femtos. 

Key clients 

CITIC Capital, Founder of China Pearl Global, JD, Toppan Photomask

HHP Attorneys-At-Law

HHP Attorneys-At-Law has strengths in corporate and M&A, dispute resolution and regulatory matters. Managing partner Yao Rao is experienced in representing companies in setting up foreign-invested companies. His industry strengths lie within the automotive, consumer goods and services, healthcare, and industrial and manufacturing sectors. The firm is also the first member firm in China of Meritas, an international alliance of law offices. The worldwide legal service network of Meritas enables the firm to offer a unique cross-border legal service solution to the clients for cross-border transactions. 

Client feedback 

The firm is good at giving professional suggestions on how to reduce risk.”– Corporate and M&A 

The firm's ability to handle complex legal matters across these different practice areas, which may provide greater convenience and efficiency. The high level of skill and knowledge demonstrated by the lawyers at HHP has helped us to achieve positive outcomes. HHP demonstrated a high level of strategic thinking in its approach, which enables it to think creatively and develop innovative solutions to complex legal problems.” – Corporate and M&A 

Shuaijie Lu 

“Lu always gives fast reaction and professional advice.” 

Yao Rao 

“As the leading partner, Yao is the key person to make sure all the valuable legal support takes place. He is dedicated and responsive, equipped with outstanding industrial knowledge and strategic thinking.” 


Work highlights 

Advised a solar energy industry leader on its pre-IPO financing with an evaluation over more than Rmb5 billion ($686 million). 

Advised a solar energy industry leader on its investment in a leading second-generation semiconductor IDM manufacturer in mainland China. 

Advised a multinational auto group on its divestment of a global tier one designer and manufacturer of electronic controls and technology solutions in the automotive industry, including two legal entities in China. 

Hui Ye Law Firm

Hui Ye Law Firm's dedicated M&A department enables the firm to provide legal services to clients in China and investment target countries under its international service network. The team is also active in the fields of aviation, energy, manufacturing, pharmaceuticals and real estate. The firm now has a total of 34 offices around the world with a strong strategic presence in Europe. 

Client feedback 

The law firm can efficiently discover the focus of disputes in the handling of complex cases, quickly clarify the legal relationship involved, and advance the case. Real estate

Siwei He 

Mr. He is recommended as our lawyer. He has high professional attainments in the field of construction engineering and is familiar with different types of cases in the field of construction. 

Mr. He can give feedback in a timely manner and make the work plan for next step, which meets the communication requirements of our company, and, finally, can lead the team to achieve challenging litigation goals.


Work highlights 

Advised China Eastern Airlines on its proposed merger with Hubei Eastern Media and acquisition of assets of Zhejiang Eastern Media and Beijing Eastern Media. 

Advised Oriental Press Group on its acquisition of 51% equity of Shanghai Aniu Information Technology. 

Key clients 

China Great Wall Asset Management, Fuhai (Shanghai) Internet of Things, Shanghai Xiehe Education Group. 

Jia Yuan Law Offices

Headquartered in Beijing with branch offices in Shanghai, Shenzhen, Hong Kong, Guangzhou and Xi'an, Jia Yuan Law Offices is ranked ‘Highly recommended’ in capital markets. The firm specialises in capital markets, corporate and M&A, financial and international businesses. Senior partner Liangjuan Wen has expertise in corporate restructuring, refinancing and M&A. 


Work highlights  

Advised China Avionics Systems on its merge with AVIC Electromechanical Systems. 

Advised China Shipbuilding Industry Group on its integration and major asset reorganisation with China CSSC Holdings. 

Advised Sinoma International on its purchase of 100% equity of Hefei Cement Research & Design Institute Corporation by issuing shares and paying cash. 

Key client 

China Electric Equipment Group, Guangdong East Sunshine Technology, Guangzhou GET Investment Holdings. 

Joius Law Firm

Based in Shanghai, Joius Law Firm is known for its expertise in banking and financial services. The firm’s banking and finance department is led by deputy director Fang Chen, who offers legal consulting services for many overseas banks' cross-border financing projects, including cross-border dispute resolution services for financial institutions. The firm also handles M&A matters for multinational enterprises and companies making foreign investments. 


Work highlights 

Acted for a domestic subsidiary company of a world-leading semiconductor supplier on its Series D investment in a semiconductor company in association with more than 10 local and foreign celebrated enterprises in various industries.

JunHe

Top-tier firm JunHe is ranked ‘Outstanding’ across various practice areas, including banking and finance, capital markets, competition/antitrust, corporate and M&A, labour and employment, and tax. Key figures include partner Hui (Nelson) Zhou for banking and finance, Jiang (Joe) Chen for corporate and M&A, Yingling Wei for competition/antitrust, Weining Zou ang George Wang for dispute resolution, Dongpeng Wang for labour and employment, and Chumeng (Jessica) Xu for IP. The firm also welcomed partners including Zhijun Lin, Libin Shi, Zhen Han, Sophie Chen, Sipei Lu, and Xiangyang Ge in 2022 to enhance its practice. 

Client feedback 

The legal terms of the Round D financing contract are good to our company. JunHe always provided feedback on the revised contract in time.” – Capital markets 

Professional and responsible. They always consider their clients.” – Capital markets 

Perfect work.” – Capital markets 

The firm provides detailed consulting advice to the client. They are especially good at providing legal advice in a business view, and their advice is quite practical.” – Corporate and M&A 

Professional, responsive, sophisticated, always meets deadline.” – Corporate and M&A 

The firm provides professional insight about HGR-related consultation.” – Corporate and M&A 

The JunHe team has good business sense and understands our business models well. Their advice is very professional and strategic which helped our company to make a quick decision in a rational manner.” – Corporate and M&A 

Extremely good at co-counselling with international disputes lawyers, very strong strategic and legal judgement, excellent industry and client knowledge.” – Dispute resolution 

JunHe assigned appropriate lawyers with good experience and lawyering skills to accommodate our legal demands, and JunHe lawyers provided legal advice to the maximum extent to serve our business needs.” – Dispute resolution  

“The firm demonstrated extreme professionalism, diligence, and hard-work ethic. They advised in a timely manner with clear articulation on PRC legal knowledge and practices.” – Investment funds 

They have rich knowledge on the legal fields, and their expertise and practice experience help clients.” – Privacy and data protection  

Professionalism, timely response, swift execution and one-stop solution.” – Real estate 

They have expertise on privacy and provide practical recommendations on potential risks.” – Regulatory  

Comprehensive and complete advice and suggestions.” – Technology and telecommunication  

JunHe is a top-tier law firm in handling complex work. JunHe has strong expertise in many highly regulated industry sectors such as telecommunication and cloud services that involve the most complex issues. They always deliver high-quality work products and provide creative solutions for the most difficult regulatory and contractual issues.” – Technology and telecommunication  

Wei Chen 

Chen understands the client's needs and the pharmaceutical industry very well. Chen can provide full service to the client professionally and timely.” 

Kevin Cui 

“Cui manages the team to provide service. Cui consults other lawyers to solve specific problems like tax issues.” 

Ning Liu 

She understands clients needs and requirements well and is very customer-friendly. For any urgent matters, her team could complete them to meet deadlines by hard-working overtime. 

Rui Ma

“With his help, the legal terms of the Round D financing contract are good for the company. He always provided feedback on the revised contract in time.” 

Rui can quickly familiarise himself with my business, and he is good at providing legal services while focusing on business purposes. And, of course, his professional knowledge is good. 

Ma Rui is a very professional and responsible lawyer. He is proficient in various products and services in the field of capital markets, such as IPOs, mergers and acquisitions, etc. In his cooperation with me personally and our fund, he is professional, enthusiastic, and has strong customer service awareness. He always carefully analyses problems, prepares materials, and has demonstrated rich experience in many material issues. When communicating with clients, he can put himself in their shoes and consider their needs and propose constructive solutions. When providing capital market legal services to our fund and invested companies, he has won much praise from our partners and CEOs. 

Shiming Shang 

“Shang is extremely responsive and has problem-solving skills and creativity.” 

Carol Sun 

“Sun considers our various needs, even in supporting us for better engagement with the business team.” 

Yongqiang Yu 

Very talented and experienced in capital markets, M&A, VC/PE.” 

Elvis Zhou

Zhou is an extremely experienced construction lawyer with excellent judgement and talent for creative problem-solving. Zhou is a delight to work with.” 

Frank Zhou 

“Timely, responsive, detailed and patient.” 

Nelson Zhou  

“Zhou is professional. Zhou offers timely response, swift execution, and one-stop solution.” 

Weining Zou 

“Weining is an excellent lawyer. He acted as our external counsel for over five years. He quickly responds to our legal inquiries, understands our business needs, sets up appropriate lawyer team, delivers his legal advice in a timely manner, and his legal advice is practical and workable.” 


Work highlights 

Advised INEOS on a series of acquisitions and joint venture agreements with Sinopec worth $7 billion. 

Advised GAC Aion on its Series A financing with an amount of Rmb18.3 billion ($2.51 billion). 

Advised China Power to acquire SPIC’s 2.16 million KW of clean energy assets. 

Key clients 

Magnum Opus Acquisition, PAG, Ping An Bank, Publicis Groupe, Sonova, Zibo Jiangtu Hengsong Holdings. 

JunZeJun Law Offices

JunZeJun Law Offices is experienced in providing professional and comprehensive legal services for financial institutions and financial instruments. The firm’s banking and finance team is especially skilled in the issuance and underwriting of various types of bonds, including medium-term notes, financial bonds and corporate bonds. The firm promoted nearly 30 partners in the past 12 months, including those in the capital markets sector, to strengthen its practices. 


Work highlights 

Advised Xicheng District Industrial Venture Capital Guiding Fund on its investment in Suoxinda (Beijing) Data Technology. 

Advised Lingxian Semiconductor Production and Investment on its acquisition of Shenyang Commercial City, an A-share listed company. 

Key clients 

Xinjiang Zhongtai New Energy. 

Llinks Law Offices

Llinks Law Offices is highly ranked in banking and finance and corporate and M&A. Partner Charles Qin heads the firm’s banking and finance department and has rich experience in capital markets, corporate and M&A, and private equity. Qin and his team regularly advise clients on cross-border and multi-currency transactional issues. 

Client feedback 

“Without the firm’s professional advice, I could never complete the deal.”Real estate 

Bernie Liu  

“Bernie operates at a level second to none.” 


Work highlights 

Advised Unifrax Asia-Pacific on its partial tender offer for the shares of Luyang Energy-Saving Materials. 

Advised CATL on its investment in Chery Group. 

Advised Shanghai Electric on its equity sale of Shanghai Electric Steel Tube. 

Advised Asset Crafters on forming investment consortium with Keppel Capital and CCB Trust and acquiring Greenland Zhangjiang Central District Project. 

Key clients 

China Pacific Insurance, Dongguan Ali System, Shanghai Electric, Sinochem International Corporation. 

Merits & Tree Law Offices

Established in 2006, Merits & Tree Law Offices, formerly known as Beijing Hawkhigh Law Firm, is consistently referenced among market peers in the capacity of private equity. The firm is often busy representing investment funds in their investment activities, advising startups on fund-raising transactions, and assisting companies in matters related to variable interest equity structure and privatisation. A key figure to note is partner Haitao Long, whose practice covers banking and finance, corporate and M&A, and private equity. The firm has been keeping building up its capacity of both private equity and other corporate-related work with the hiring of Junyi(Jenny) Li from Dahui Lawyers, Yunyun Tang from Haiwen & Partners, Zeyu Li from Zhong Lun Law Firm, Yan Zheng from T&C Law Firm, and Bo Hu from Anjie Law Firm.

Client feedback 

Merits & Tree Law Offices is one of the few law firms in China that adopt a lockstep and semi-lockstep or corporate way of management, which means it is swift in responding to client's various needs for legal advising in all aspects and without additional cost. The law firm provides full-service to the client, from general contract review to dispute resolution, from construction project to data protection compliance. If you are going to choose only one law firm to handle your company's all-round legal matters, I believe M&T can be a qualified candidate.” – Construction 

M&T is formed by experienced and dedicated lawyers. The partner that regularly advises us is quick to respond to our needs and is able to think not only from a legal perspective but commercially as well, which is important to giving practical and useful advice. – Private equity 

Chenxi Qu  

He is very responsive to requests. He helps clients to coordinate and obtain resource in the firm. He is willing to help and has knowledge in construction engineering. 

Feng Zhou 

“Feng is very responsive and experienced in legal knowledge. He is especially good at thinking from a commercial standpoint and gives practical solutions.” 


Work highlights 

Represented BlueFocus in the sale of its international businesses to several well-known private equity funds including CVC Capital and CDP Investment. 

Represented Bondex in its acquisition of HapTrans, a Canadian logistics company. 

Represented Newlink Technology in the acquisition of the controlling stake in Neusoft Yuetong. 

Shihui Partners

Shihui Partners is known for its expertise in capital markets, investment funds and private equity. The firm’s capital markets team has worked closely with regulators, listed companies and professional advisers, and has sound experience in advising clients on domestic and overseas securities offering transactions. Partner George Niu focuses on domestic and overseas IPOs, M&A, private equity and investment funds. The firm welcomed Zhenxing Mai from Jeffrey Mak Law Firm and Ian Paul Read from Eversheds Sutherland for corporate and M&A-related work in 2022. 

Client feedback 

The firm has strong insights into the data privacy industry and has in-depth regulatory understanding, providing good compliance support. They provide us with high-quality practical legal advice, we can get guidance on how general business and our specific sector is viewing privacy.” – Privacy and data protection 

They are very professional, efficient, and hard-working. They have impressive commercial sense in every case.” – Regulatory 

Jing Lu 

Jing is thoughtful, incisive and diligent. He finds strategic ways to provide meaningful advice on privacy law issues. He is amazing with complex and sophisticated matters, especially with incorporating unique corporate issues and risk factors into his legal advice.” 

Peizhi Zhao 

Commercial sense, comprehensive, hard-working, clever, efficient, hands-on and nice.” 


Work highlights 

Advised JD Logistics on its acquisition of Deppon Logistics by indirect acquisition through agreements and comprehensive tender offer. The transaction is by far the largest acquisition deal in the express industry, and the largest acquisition of an A-share listed company in the logistics industry. 

Advised JD Technology on its acquisition of 100% shares in WellJoint Shanghai Technology. 

Advised Orchid Asia on its sale of all shares in Geelong Holdings, a Caymanian structured storage container company, to Hangzhou Great Star Industrial. 

Key clients 

Amcor, JD Technology, Minth Group, Shenzhen Kechuang Shengxing Jiaoyin International Private Equity Fund Partnership.

Tian Yuan Law Firm

Headquartered in Beijing with branch offices in Shanghai, Shenzhen, Chengdu and Hong Kong, Tian Yuan Law Firm is highly ranked in capital markets, competition/antitrust and corporate and M&A. Partner Xiaohui Zhu has extensive experience in corporate law and capital markets, with a particular focus on M&A, restructuring, venture capital, private equity and securities issuances.

Client feedback 

Jiayun Xie 

Xie is responsible, diligent, and has good commercial sense. Xie is also experienced and leads a top-tier team for M&A and PE work.” 


Work highlights 

Advised China Jinmao on its acquisition of 29.9% shares of China Hongtai Industrial Town Development, a Hong Kong-listed company, at a consideration of $191 million, and at the same time subscribed for convertible bonds with a par value of approximate