PRC’s Guantao, Hong Kong law firm Gallant in association
BY Charlie Wu 吴卓言 |The Hong Kong office of PRC law firm Guantao has entered into an association with local firm Gallant with the aim to better service clients when it comes to cross-border legal work, specially in relation to the Greater Bay Area.
East & Concord HK firm makes M&A hire from Akin Beijing
BY Charlie Wu 吴卓言 |Yang & Yang Solicitors, PRC law firm East & Concord Partners’ Hong Kong association firm, has added M&A expert Dennis Yeung as a partner from the Beijing office of Akin Gump Strauss Hauer & Feld, which closed recently.
US law firm Weil exits Beijing, 'in discussions' for Shanghai closure
BY Reuters |Weil, Gotshal & Manges has become the latest U.S. law firm to retreat from the Chinese market, saying Wednesday it is moving towards ending its presence on the mainland.
PRC’s East IP, HK’s SIPS merge, add Zhong Lun IP team
BY Hu Yangxiaoxiao 胡阳潇潇 |PRC IP firm Beijing East IP has merged with the Hong Kong-headquartered SIPS, and also welcomed aboard a team of 36 IP professionals from Zhong Lun Law Firm.
CHINA: From Risk to Opportunity
BY Hu Yangxiaoxiao 胡阳潇潇 |In the face of expanding regulatory landscapes and mounting pressures, legal and compliance professionals are aiming for a “business-oriented mindset, emphasizing not just adherence to regulations but alignment with unique business situations.
SUSTAINABLE FINANCE: A Sustainable Future
BY Nimitt Dixit |Strong government intervention and a willing market is turning Hong Kong into a global sustainable finance hub, but it is far from reaching its full potential.
Orrick closes in Shanghai, Taipei as Greater China retreat continues
BY Hu Yangxiaoxiao 胡阳潇潇 |U.S. law firm Orrick Herrington & Sutcliffe will consolidate its China offering into its Beijing office after deciding not to renew its lease in Shanghai, a spokesperson has confirmed. It has also terminated its lease and operations in Taipei.
Country Garden lenders' group hires advisers for debt revamp talks
BY Reuters |Country Garden has total liabilities of $200 billion. That includes $11 billion offshore debt now deemed to be in default.
Perkins Coie latest U.S. firm to shutter office in China
BY Hu Yangxiaoxiao 胡阳潇潇 |U.S. law firm Perkins Coie has announced the closure of its Shanghai office, making it the latest international law firm to scale back operations in mainland China.
Cleary, Freshies lead on China shoemaker’s planned $1 bln HK IPO
BY Rowena Muñiz |Cleary Gottlieb Steen & Hamilton and JunHe are advising Chinese footwear and apparel maker Belle Fashion Group on its planned Hong Kong IPO that is set to raise between $500 million and $1 billion. Freshfields Bruckhaus Deringer and Haiwen & Partners are representing the joint sponsors.
PRC firm Hylands in HK association with Woo Kwan Lee & Lo
BY Charlie Wu 吴卓言 |Beijing-headquartered Hylands Law Firm has entered into an association with Hong Kong's Woo Kwan Lee & Lo (WKLL) to formally establish a joint firm in the Guangdong Qianhai Free Trade Zone.
MoFo, Davis Polk lead on Ascendent’s $1.66 bln take-private bid for Hollysys
BY Mari Iwata |Morrison & Foerster and Zhong Lun Law Firm have advised Hong Kong-based private equity firm Ascendent Capital on its $1.66 billion bid to take Chinese automation control system provider Hollysys private. The latter is being represented by Davis Polk & Wardwell and Haiwen & Partners.