Ashurst has hired Frank Bi as a partner in its corporate practice in Hong Kong from Slaughter and May, where he was a counsel.
Bi is the fourth partner hire in Ashurst’s Hong Kong office since December, following the appointments of Eric Tan from Chinese firm Fangda Partners, Daniel Lau from Allen & Overy's Beijing office, and Damien Whitehead from White & Case.
Bi specialises in equity capital markets, M&A and Hong Kong listing compliance work. He was involved in several deals involving Swiss bank Credit Suisse, such as its secondary placement and sale of shares in Chinese beauty app Meitu in 2017 and interactive social video platform Tian Ge Interactive in 2016, as well as China Reinsurance’s $2 billion Hong Kong IPO in 2015. Most recently, he was involved in SoftBank Vision Fund’s investments in Ping An Good Doctor and Ping An Healthcare Technology last month.
Ashurst recently reinforced its Greater China offering by entering into a joint operation office in the Shanghai Free Trade Zone with PRC firm Guantao, becoming just the fourth international firm to do so.