Paul Hastings and JunHe have advised Onewo, the property services arm of the developer China Vanke, on its $713 million IPO in Hong Kong, with Herbert Smith Freehills and Commerce & Finance Law Offices advising the joint sponsors.

Clifford Chance, Pillsbury Winthrop Shaw Pittman, Grandway Law Offices, and Han Kun Law Offices have advised Chinese electric vehicle maker Leapmotor on its $800 million IPO in Hong Kong, with Simpson Thacher & Bartlett and Jingtian & Gongcheng advising the joint sponsors.

The Singapore-based cryptocurrency hedge fund Three Arrows Capital (3AC) was ordered into liquidation in late June after losing more than $3 billion over 2021 and 2022, making its collapse one of the largest hedge-fund trading losses of all time. The collapse may have shaken Singapore’s burgeoning cryptocurrency sector, but lawyers say that tighter scrutiny of the industry from the city-state’s authorities will ensure its sustainable growth.

If the pandemic has taught us one thing, it is that working life will never be the same. Employees at all levels now show a preference for doing at least some of their work from home, and as a result, law firms have begun introducing hybrid working policies. Leaders say that taking a focused approach is key to balance both productivity needs and employee well-being.

Linklaters and Haiwen & Partners have advised China Tourism Group Duty Free Corporation on its $2.1 billion listing in Hong Kong, with Freshfields Bruckhaus Deringer and Jia Yuan Law Offices advising the joint underwriters.

Herbert Smith Freehills has welcomed back banking and finance expert Ellen Mao as a partner in the Hong Kong office from Paul Weiss Rifkind Wharton & Garrison, where she was a counsel.

Grandall Zimmern Law Firm, the Hong Kong association firm of the PRC’s Grandall, has hired real estate expert Shiu-man Wan as a partner from Baker McKenzie, where he spent 18 years.

PRC law firm Haiwen & Partners has hired shipping dispute resolution specialist Edward Liu as a partner in its Hong Kong office from the UK’s Hill Dickinson.

Allen & Overy and Chen & Lin Attorneys-at-Law are advising Uni-President Enterprises and President Chain Store Corporation on the acquisition of 60 percent stake in the Taiwan business of Carrefour, which is being represented by Clifford Chance.

Sidley Austin has hired private equity lawyer Daniel Lindsey as a partner in Singapore from the Hong Kong office of Goodwin Procter.