PRC law firm Han Kun Law Offices has added debt capital markets expert Allen (Yilun) Zhang as a partner in Hong Kong from A&O Shearman, where he was a senior associate.

Over his decade-long career, Zhang has advised issuer and underwriter clients on more than 200 different types of debt securities transactions.

Notable transactions have included advising on a first Yulan bond, the first MCSD-cleared bond, the first Blue bond in Asia, the first sustainability-linked loan relinked bond, the first bond transaction to be cleared through both CMU and Euroclear, the first TONA-linked pound sterling-denominated floating rate note issued by a non-sovereign issuer, and the first offshore bond issued by a PRC local government.

Additionally, Zhang has advised the Ministry of Finance of the People's Republic of China in all its overseas bond offerings for six consecutive years, as well as the People's Bank of China on the first establishment of a central bank bill offering programme in Hong Kong and the issuance of central bank bills.

Zhang joined A&O Shearman (then Allen & Overy) in 2023, prior to which he worked at Linklaters and King & Wood Mallesons.

Han Kun now has 25 lawyers in Hong Kong, including eight partners.