Major PRC law firm Han Kun Law Offices has hired capital markets lawyer Bonnie Yung as a partner in Hong Kong from Mayer Brown.
With nearly two decades of experience, Yung advises corporate clients in sectors including IT, real estate, financial services, retail, manufacturing and mining on transactions such as IPO and M&A.
Yung joined Mayer Brown in 2021 from EY network firm LC Lawyers. Prior to that, she spent nearly nine years at another U.S. firm, Paul Hastings.
Han Kun, which established a presence in Hong Kong in 2014, merged with its associated law firm in the SAR, Miao & Co in late 2022. Yung is believed to be the first lateral partner then. The Han Kun Hong Kong office eight partners and consultants in total.
After a sluggish IPO market in 2023, Hong Kong is expected to see a record 80 IPOs raising HK$100 billion ($12.8 billion) in 2024, according to a report from Deloitte China’s Capital Market Services.
As more PRC firms take lead roles in Hong Kong IPOs, they are expected to bulk up their capital markets teams in the city. Commerce & Finance Law Offices’ Hong Kong-associated law firm, Eric Chow & Co, recently announced the recruitment of partner Angela Zhang from Tian Yuan Law Firm.