Overview
Commerce & Finance Law Offices provides a comprehensive and diverse array of legal services that range from capital markets, corporate and M&A, and dispute resolution to restructuring and insolvency. The firm has etched itself a formidable niche in the China legal landscape with its concentration on representing overseas companies that have investment interests in China. Its capital markets team has assisted many companies in completing their IPOs, refinancing, and offering of bonds and other securities in the capital markets arena. Its dispute resolution practice, on the other hand, hosts a stable of litigators including Hongji Li, who has proven adept with a particular focus on the commercial disputes space.
Client feedback
“Very professional during the deal, helpful to solve clients' problems. Stable team.” – Capital markets
“The firm demonstrates outstanding expertise in Hong Kong IPO-related PRC legal matters, with a deep understanding of both domestic regulatory requirements and Hong Kong listing rules. The team is highly experienced in cross-border listing projects, provides clear, practical legal advice that aligns with our business objectives, and maintains efficient communication with all parties involved. Their responsiveness, attention to detail, and ability to anticipate potential legal risks have been critical to the smooth progress of our listing.” – Capital markets
“We engaged the law firm because we needed a firm that could get a cross-border deal across the finish line — not just produce impressive-looking memos. That decision proved right. What sets it apart is their instinct for what matters in a deal. When we were navigating a complex multi-jurisdiction restructuring involving BVI, Cayman, and Hong Kong entities alongside our onshore operations, other firms we spoke to wanted to over-engineer the structure. Their team cut through the noise — they identified the key issues that could genuinely derail the transaction and focused there. That pragmatism saved us significant time and fees. Their capital markets experience is real, not just a brochure claim. When regulatory questions came up around our listing structure, they didn't need to "research and get back to us" but instead gave us a clear answer on the call. That kind of institutional memory is invaluable when you're operating under tight timelines and can't afford surprises from regulators. We also appreciated that they pushed back on us when needed. On investor special rights provisions, our initial instinct was to concede quickly to keep the deal moving. The team flagged specific risks we hadn't considered, proposed targeted amendments, and got the investors to accept them. That's not something every firm can do, as it requires both technical precision and the credibility to negotiate effectively with sophisticated counterparties. The multilingual capability mattered more than we expected. Having lawyers who could switch between Mandarin and English seamlessly — and who understood both the onshore regulatory landscape and offshore market expectations — eliminated the translation lag that had slowed down deals we've done with single-jurisdiction firms.” – Capital markets
“The law firm demonstrated exceptional expertise in guiding us through the merger filings process for our complex cross-border transaction. They navigated regulatory requirements with precision, identified potential competition concerns early, and secured SAMR approval efficiently. What they do particularly well is combine deep antitrust knowledge with a pragmatic, client-focused approach that minimises delays and delivers results.” – Competition/antitrust
“Professional and efficient.” – Corporate and M&A
“The law firm demonstrated exceptional strength in a major commercial dispute spanning domestic arbitration, automotive and industrial manufacturing, aviation, construction and infrastructure, and energy and natural resources—securing a full victory while translating complex legal issues into actionable business strategies, all delivered with thoughtful, near 7/24 client service.” – Dispute resolution
“The law firm excels at transforming complex, unfavourable disputes into decisive victories through strategic foresight, rigorous execution, and seamless client collaboration. The firm combines deep industry insight with proactive asset preservation and meticulous case management to consistently exceed expectations and secure full recovery.” – Dispute resolution
“Throughout our engagement, this firm has consistently demonstrated a client-centric approach, not merely in responsiveness, but in genuine attentiveness to our needs. What stands out is the "can-do" ethos that runs through every level of the team: from working associates to partners, there is a shared commitment to finding solutions rather than identifying obstacles. This firm's dedication is evident in both the quality of advice and the way it is delivered — proactively, promptly, and always with an eye on what works for us as a business.” – Labour and employment
“Professional, efficient, and with strong problem-solving skills.” – Restructuring and insolvency
“According to the latest guiding spirit of the Supreme Court, in order to reduce the pressure on the court's bankruptcy filing and acceptance, this case adopts a combination of the court's filing and registration of the reorganization application (not filing yet) and the establishment of a liquidation team by the government and professional institutions to promote the preparatory work before the case acceptance. This not only ensures the authority and credibility of the work but also fully mobilizes the enthusiasm of investors, shareholders, debtors, creditors, employees, etc. as market entities. Compared with the pre-liquidation reorganization based on bankruptcy application filing, it is innovative and has strong exemplary significance for similar cases.” – Restructuring and insolvency
“During the pre-reorganization period, under the supervision of the temporary manager, the company still enjoyed the autonomy to manage property and business affairs and carry out reorganization-related work. To ensure the legal and effective progress of related work, the company hired them as the reorganization legal advisor. Compared with previous cases of reorganization of listed companies, in this project, the reorganization legal advisor played a more important role in professional guidance and strengthening communication among all parties. It not only fully mobilized the company's enthusiasm for reorganization, making necessary sacrifices and compromises, but also ensured the implementation of related work was legal and compliant and formed an effective connection and response with the work of the temporary manager.” – Restructuring and insolvency
“The law firm stands out for its profound industry insight into real estate restructuring and mature cross-border transaction experience spanning multiple jurisdictions. The firm excels at balancing rigorous legal compliance with practical commercial objectives when designing onshore security and restructuring structures. It boasts streamlined internal coordination, prompt responsiveness, and transparent service arrangements. As our long-term legal partner, the firm has an in-depth grasp of our corporate operational conditions, enabling it to deliver tailored, cost-effective legal solutions efficiently amid highly complex restructuring deals.” – Restructuring and insolvency
Bingbing Gai
“Professional and with strong ability to solve complex problems.”
Chengchen Gan
“Working with Chengchen Gan on various equity financing rounds has been a seamless experience. What sets him apart is his unique ability to act as both a company counsel and investor counsel without missing a beat. This dual perspective gives him an edge in negotiations, allowing him to bridge gaps efficiently. He is not just a lawyer who drafts documents; he is a strategic advisor who understands the commercial implications of every clause. A truly professional partner.”
“Chengchen doesn't start from "Here's everything that could go wrong." He starts from "Here's what you're trying to achieve" and then figures out how to get you there safely. It sounds simple, but in practice it's rare. What matters most is how much his dispute experience shapes his deal work. He's seen enough VAM disputes, deadlocks, and post-investment blowups to know exactly which terms will come back to bite you three years from now. When he flags a risk, it's not theoretical. He can tell you, "I just unwound a deal where this exact clause created a six-month arbitration," and then show you the fix. That credibility changes the tenor of negotiations entirely. He's also fast where it counts and patient where it matters. On our cross-border restructuring, he moved the offshore entities along efficiently but took the time to walk our founding team through the governance implications. Not because he had to, but because he knew we'd be living with those decisions long after the closing dinner. The "Entrepreneurial Support" label sounds like marketing until you realize he actually does it. We've watched him do three rounds with companies in our portfolio, showing up at the same intensity each time. He remembers what was negotiated in round one and makes sure round three doesn't undermine it. That continuity is something no one else we've worked with has been able to provide.”
“Very good for everything that we need timely.”
Fan Huang
“Fan adopted a client-centric approach, not merely in responsiveness but in genuine attentiveness to our needs. What stands out is the "can-do" spirit. He has real depth in the employment law space, and he is always responsive and communicates effectively on the employment law matters.”
Kai Huang
“Kai demonstrates strong strategic judgment, quickly identifying genuine competition concerns in merger control filings and proposing practical strategies. Kai excels in client communication, translating complex antitrust concepts into clear, actionable advice and keeping clients well-informed of filing progress and potential risks at every stage. Additionally, Kai possesses deep insight into the review practices and trends of regulators (such as SAMR), enabling efficient preparation of filing materials, fewer follow-up questions, and significantly shorter approval timelines.”
Xinyang Zhang
“Xinyang demonstrated outstanding expertise in Hong Kong IPO-related PRC legal matters throughout our listing project. He is highly responsive, detail-oriented, and provides clear, practical legal advice that aligns with our business goals. His deep understanding of regulatory requirements and ability to coordinate with cross-border teams made him a key asset to our project.”
