IFLR is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement


China (National)

2027 Edition
  • Banking - Foreign
    14 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • Banking and finance
    33 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • Capital markets - Foreign
    26 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • Capital markets : Debt
    27 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • Capital markets : Equity
    31 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • Capital markets : Structured finance and securitisation
    20 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • Investment funds
    27 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • M&A
    44 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • M&A - Foreign
    44 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • Private equity
    30 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • Private equity - Foreign
    27 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • Project development
    22 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • Project development - Foreign
    17 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • Project finance - Foreign
    12 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue
  • Restructuring and insolvency
    32 firms ranked
    View full list

    Tier 1 ...


    Unlock this content.

    These rankings will be officially released on September 1. Subscribers can view the rankings now through exclusive early access.

    Request Early Access Login to continue

Grandway Law Officeswas founded in 1994. Headquartered in Beijing, Grandway has offices in Shanghai, Shenzhen, Chengdu, Xi'an, Hangzhou and Hong Kong, and currently employs more than 500 lawyers and professionals. 

 

Highlights 

The firm started to provide securities-related law services from 1994, covering practice areas including the initial public offering of A shares, B shares, H shares and red chip shares, non-public offerings and M&A. 

The firm advised Guangdong Xinbao Electrical Appliances Holdings Co. Ltd on the acquisition of the Morphy Richards Limited brands and related assets. The deal involves the restructuring and renewal of the same brand businesses in key regions around the world, assisting the client in the phased acquisition of the seller's global business. 

 

Key clients 

The firm’s notable clients include Zhejiang Leapmotor Technology, Ningbo Shanshan Company, ENN Natural Gas, Zhejiang Dahua Technology, China Railway Special Cargo Logistics, SMO Clinplus, Unimicron Technology (Suzhou) and Shanghai Shangshi Energy Technology. 

R&P China Lawyers is a foreign-oriented Chinese law firm established in 2010. The firm is led by managing principal Maarten Roos and has offices in Shanghai and Beijing. 

 

Focusses / specialisms 

The firm has a focus on the M&A practice, it advises corporate and private equity clients on a broad spectrum of corporate matters as well as on cross-border and domestic M&A transactions. 

 

Client feedback: 32nd edition (2022/2023) 

M&A 

“They provide me with answers in a way that I can understand without needing to have a law degree. They give me straight answers and good advice when I ask.” 

 

Financial restructuring 

“R&P is a very well-resourced firm that can answer most corporate law issues without delay and with a very reasonable quote.” 

WongPartnership is a Singapore-based law firm with over 400 professionals across further offices in Beijing, Shanghai and Yangon. The firm is also a member of the regional law network, WPG, granting it access to Abu Dhabi, Dubai, Jakarta, Kuala Lumpur and Manila.

Focusses / specialisms

The firm’s Shanghai office opened in 2004 followed by its Beijing office in 2010. It is best known for corporate matters such as advising Chinese entities on joint ventures and M&A structured through Singapore.

Key clients

Key clients of the firm include CapitaLand, Raffles Education Corporation and China Everbright.

Research period review: 30th edition (2019/2020)

During the research period the firm kept busy advising on acquisitions, disposals and investments in education and real estate. 

Deal highlights: 30th edition (2019/2020)

-CapitaLand S$11 billion acquisition of Ascendas-Singbridge group of companies

-Liu Yanwen Rmb420 million stake acquisition of Langfang Development Zone Oriental University City Sino-Singapore Education Investment 

-State Alpha S$147 million acquisition of Ying Li International Real Estate

Formed in 1941, Garrigues is a Spanish law firm with 2,000 employees and further offices in 12 countries including Portugal, the UK and the US. It became the first Spanish law firm to establish an office in Shanghai in 2005 and an office in Beijing in 2015.

Founded in 2011, Chance Bridge Law Firm currently has four offices in Beijing, Shanghai, Shenzhen and Haikou, and there are nearly 100 professionals in the firm. 

Highlights  

The firm’s core strengths include capital markets, financial markets, corporate and international tradeand compliance. 

In 2022, Chance Bridge Law Firm completed Gansu-based Jinhui Mining’s listing in Shanghai. This company was the first enterprise in Gansu province listed on the main board of Shanghai Stock Exchange in the past five years. The team also advised data acquisition equipment manufacturer and distributor Seuic Technologies’ IPO on the Star Market, which involved the changes of rights of state-owned properties as one of the shareholders was a well-known public university. 

Also, the team assisted China National Railway Group Corporation’s subsidiary Haoji Railway on a RMB 9 billion (US$1.27 billioncorporate bonds non-public offering. The funds raised will repay bank loans for the construction of Haoji Railway. Haoji Railway is the first north-south railway in China that is dedicated to coal. 

Last year, the team assisted a real estate company in exiting a logistics company’s bankruptcy project as an investor. Due to significant policy changes, the restructuring of the logistics company was difficult to implement. Facing pressure from the creditors of the logistics company, the bankruptcy administrator and the lending banks, and potential legal risks, the real estate company decided to quit the project. 

The firm also provided legal services for a few top-notch securities companies, trusts and banks. 

Key clients 

Xiamen International Bank, China Construction Bank, China Minsheng Bank, Industrial Bank, CITIC Securities, China Chengtong Holdings Group, Huarong Capital Management, and China Industrial International Trust. 

Established in 2015, Cathay Associates Kejie is a boutique transactional law firm specialised in advising domestic and international companies, financial institutions and governments. 

Highlights 

It has a global network of offices across 57 countries and works with its member firms to provide cross-jurisdictional legal services for Chinese enterprises on outbound investments, M&A and other cross-border matters. 

Kejie’s legal services focus on M&A, private equity, financing and investment matters, investment funds, and capital markets.  

Dacheng Law Offices has 51 offices across China, including in Beijing, Shanghai, Chongqing, Guangzhou, Hangzhou and Shenzhen.  

Highlights  

The firm is strongest in private equity and investment funds and has a highly active restructuring and capital markets structured finance and securitisation practice. Its capital markets practice has had a mixture of Hong Kong IPO and bond work, including corporate and convertible issuances. The firm is also recognised for its M&A, project development and banking work.  

Dacheng Law Offices facilitated a fixed asset syndicated loan and standby loan project valued at around RMB 44.8 billion (US$6.4 billion) for Sabic Fujian Petrochemicals Co., a joint venture between the international giant Saudi Basic Industries Corporation and the Chinese party, Fujian Energy and Petrochemical Group. In this deal, Dacheng Law Offices represented more than 10 banks.  

The firm advised clients in both domestic and overseas IPOs in recent years. It acted as the PRC counsel of Guangzhou Zhongxu Future Technology Co. in completing its Hong Kong IPO; assisted Ningbo Heli Technology Co. in its private placement, and represented Chongqing Spring Technology in its listing on the New Third Board as the first listed enterprise in Chongqing applying the “Chongqing Stock Connect” green channel mechanism.  

Key clients  

PayPal, China Construction Bank, Industrial and Commercial Bank of China, Bank of China, HSBC, BNP Paribas, Ningbo Communications Investment, Zhejiang Linyang Real Estate Development, and Zhongdu Holding Collection Association.  

Testimonials   

Capital markets  

"Dacheng Law Firm assigned Lawyer Hanlin Wang to lead and coordinate the work. He demonstrated significant strengths and benefits in terms of professional capability, work attitude, responsiveness, and delivery of results, receiving consistent praise from our company and other intermediaries."   

M&A  

Their real estate team is top-notch in structuring deals and navigating planning and zoning. The firm has serious clout with local authorities. The legal team led by lawyer Chang is highly experienced in the field of energy and construction.”  

“For financing large-scale energy infrastructure, Dacheng's project finance and construction expertise is vital. They drafted bulletproof EPC and O&M agreements protecting our investment. Their ability to coordinate specialist teams (tax, environment) is impressive.” 

Dacheng's counsel on our acquisition of a real estate project of a racing court was first-rate. Their due diligence on the target's situation was exceptionally thorough. The firm's ability to mobilize specialized resources for technical site assessments and PPA reviews significantly strengthened our position.”  

Investment funds 

"Lawyer Huazhen Huang and her team possess extensive project experience and unique insights in investment, financing, funds, insurance, and infrastructure. They deliver high-quality legal services for cross-disciplinary projects, with a sharp ability to identify and effectively resolve compliance issues and risks. Their strong professional skills enable them to propose creative project solutions, making them a rare and high-quality legal team." 

Qing Chang  

Lawyer Chang from Dacheng law office is a very sophisticated lawyer whose expertise is contributing to a complex energy project. She managed the M&A contract negotiations and grid connection agreements flawlessly. She understands the investor perspective and finds practical solutions to keep projects bankable. 

Qing Chang acted as lead counsel with exemplary precision and strategic foresight. Her ability to identify critical regulatory limitations early, particularly concerning grid connection rights and relevant matters within the target portfolio, constructing the transaction within the frame of the laws and regulations. Her negotiation tactics secured highly favourable terms during the final SPA adjustments. We particularly valued her calm authority under tight deadlines. 

As lead partner, lawyer Qing Chang masterfully navigated the complexities of acquiring an early-stage development platform. Her foresight in structuring contingent consideration linked to permitting milestones in the execution of the agreement aligned perfectly with our risk control policy. She skilfully managed negotiations between us and the opposing party by reasonably illustrating the cons and pros of the project.”  

Hanlin Wang 

"Lawyer Hanlin Wang has particular expertise in providing legal services for companies in capital markets, equity investment and financing, and other non-litigation matters." 

Huazhen Huang 

"Lawyer Huazhen Huang delivers exceptionally high-quality legal services. Firstly, she possesses superb professional skills and extensive project experience, enabling her to quickly grasp project specifics and accurately identify legal risks. Secondly, she has outstanding research and innovation capabilities, excels at balancing the needs of various parties, and creatively designs tailored transaction structures to achieve win-win outcomes. Finally, she is frequently invite d as a speaker or guest to forums and exchanges in specialized fields such as investment, financing, funds, insurance, and infrastructure, where her expertise is widely recognized by the industry."  

Xuanyuan Huang 

"Lawyer Xuanyuan Huang has provided excellent legal services to our company. He is very familiar with our business and investment sectors, possesses solid legal expertise, and demonstrates excellent professional ability. He is meticulous, responsible, provides timely and clear feedback, and can accurately and efficiently resolve our legal issues. He is an outstanding lawyer." 

Hylands Law Firm was established in 1997 under the name of Haotian Law Firm. It is based in Beijing and—alongside an IP Agency—has 17 further offices in Shanghai, Changsha, Chengdu, Chongqing, Guangzhou, Guiyang, Hangzhou, Hefei, Hong Kong, Jiangyin, Jinan, Nanjing, Nanning, Qingdao, Shenzhen, Wenzhou and Yinchuan. Hylands is also one of two Chinese member firms of TerraLex, a global law firm network. 

 

Focusses / specialisms 

The firm’s main strengths are in handling M&A, restructuring and insolvency, securitisation, private equity, and banking mandates. 

 

Key clients

Key clients of the firm include National Development Bank, China Minsheng Banking, Huihua Fund Management, SAIF Partners IV, China Development Bank Securities and Jilin Yillion Bank.  

 

Research period review: 31st edition (2020/2021) 

In the past year the firm kept busy with banking advisory, due diligence matters, securitisation mandates, pre-IPO financing, investment mandates, facilitating funding rounds, and a number of restructuring and liquidation mandates.  

Hylands Law Firm also hired partners Yuancheng Guo and Jiejun Li from Jingsh Law Firm in the research period.  

 

Deal highlights: 31st edition (2020/2021)

Dalian Donglin Food restructuring 

Flash Partners $200 million series D financing 

National Military-civilian Integration Industry Investment Fund Rmb7.6 billion non-public issuance 

SAIF Partner Rmb500 million pre-IPO financing 

Xingle Group insolvency

 

Lantai Law Firm was founded in Beijing in 2002 and has a further 16 offices in other Chinese cities including Shanghai, Shenzhen, Chengdu and Nanjing.

Focusses / specialisms

The firm is especially active in banking and finance. Since January 2020, it has provided legal services on more than 30 financing projects, covering fixed asset loans, M&A loans, syndicated loans, operating property loans, consumer loans, wealth management financing, PPP loans and asset-backed special plans, asset-backed bills and development financial support.

Key clients

Key clients of the firm include China Development Bank, China Construction Bank, Agricultural Bank of China, China CITIC Bank, Bank of Communications, Beijing Bank, Beijing Rural Commercial Bank.

Research period review: 33rd edition (2022/2023)

In 2022, the firm advised several commercial banks and developmental financial institutes. Key names are senior partners: Xiaomin Yao and Qing Wang. Notable deals include advising China Development Bank in its issuance of a REITS project for a local state-owned credit subject enterprise; advising China CITIC Bank Kunming Branch as the lender on the M&A between Cloud Group and Platinum Industry.

Apart from the deals above, the firm also assisted China Development Bank in Rmb360 billion of infrastructure investment funds formation. The project was completed within a short period and the structure involved different delivery means.

On the capital markets side, the firm advised Henan-based Zhongyuan Bank on the placement of 3.15 billion H-shares; and advised Heilongjiang ZBD Pharmaceutical on its listing.

Deal highlights: 33rd edition (2022/2023)

China Development Bank’s REITS project.

Cloud Group and Platinum Industry Co’s merger and acquisition.

Zhongyuan Bank’s H-share placement.

Heilongjiang ZBD Pharmaceutical’s listing.

Beijing Yicheng Real Estate’s Rmb4 billion syndicated loan.

CDB Financial’s Rmb1.5 billion structured financing.

Beijing Wuyi Real Estate Development’s Rmb1 billion real estate development loan.

Beijing Jingu Chuangxin Real Estate’s Rmb1 billion syndicated loan.

Client feedback: 33rd edition (2022/2023)

Banking and finance

“High quality of legal services, timely feedback, well meet the needs of the bank's domestic and foreign business legal services.”

Lawyer feedback: 33rd edition (2022/2023)

Qing Wang

“High quality of legal services, timely feedback.”

Fangda Partners has steadily risen from its Shanghai roots to become a national powerhouse in China, and it has also earned a first-class reputation in the Beijing and Guangdong market.  

Highlights  

The firm has hundreds of lawyers with expertise in a number of transactional practice areas, with prominent strength in M&A, banking and finance, capital markets and investment funds work 

Fangda Partners represented Shanghai Pudong Development Bank's Shanghai branch and SPD Silicon Valley Bank in signing a RMB 968 million (US$133 million) loan facility agreement with an offshore SPV of VIVO Capital-Arrace Holding Co. and advised Huayou (Hong Kong) Co.’s multi-currency sustainable development indicator-linked syndicated loan.  

The firm has extensive experience in RMB-denominated private equity funds advising private investment firms and institutional investors. Notable publishable deals include advising CITIC Capital in forming CITIC Capital RMB Fund IV managing US$17 billion; advising Shang Qi Capital in forming Shang Qi Capital’s flagship RMB fund, of which major limited partners include governmental FOF and Shanghai Automotive Industry Corporation; and representing Cainiao in its logistics and warehousing fund II co-sponsored with China Life.  

Fangda Partners M&A team advised container leasing company Triton International Limited in its US$13.3 billion acquisition by Brookfield Corporation; assisted the Saudi Arabian Oil Company Saudi Aramco on its strategic investment in two significant Chinese petrochemical companies; and represented China Baowu Steel Group Corporation and Baoshan Iron & Steel Co. in their strategic investment in Shandong Iron & Steel Group Co. and Shandong Iron & Steel Group Rizhao Co. 

Key clients  

Bank of China, Export-Import Bank of China, China Development Bank, China Construction Bank, ICBC, Ping An Bank, Asian Development Bank, Asian Infrastructure Investment Bank, China Resources Microelectronics, Blackstone, Boyu Capital, Carlyle, and CICC Capital.  

Testimonials  

Investment funds 

A-grade team. Expert in investment funds, very responsive and able to provide practical solutions.” 

“Precision on legal advice, responsive, solutions that fit business needs.” 

Fangda Partners stands out because they combine elite legal expertise with an unwavering commitment to client service and a relentlessly practical mindset. Their deep, specialized knowledge is matched by their dedication and work ethic. Crucially, they don't just advise; they partner with us to find commercially viable solutions, cutting through complexity to deliver results efficiently. The professionalism of the entire team and their proactive, strategic approach make them an indispensable partner for demanding work.” 

Financial services regulatory 

Deep understanding of the market and industry practices beyond the black letter law.” 

M&A  

It is highly professional with state-of-the-art expertise and solid insights into business.” 

Flora Qian  

“Good communications, very responsive, expert in the field, well connected in the community.” 

Candy Tang  

“Comprehensive and in-depth understanding of law and practice in fund-related areas, especially good understanding on USD fund manager's needs and provides solutions that are suitable for them in China.” 

Zhiyi Ren  

Deep industry knowledge.” 

Sherry Xu  

“Professional, solid expertise, responsive.” 

Rock Wang  

Deep and solid expertise.” 

Miles Ma  

“Solid expertise and pragmatic approach.” 

Zhen Chen  

Very dedicated and professional.” 

Bank lending  

“Expertise of the lawyers we have been working with make them stand out, and also quite responsive.”   

Bao Chen  

Knowledgeable in M&A areas.” 

Joe Scheu  

Works on corporate and M&A matters; quite responsible.” 

Zhong Lun Law Firm continues to enjoy the coveted position as one of the strongest and most in-demand transactional law firms in China.  

Highlights  

Zhong Lun’s strongest forte is banking and finance, capital markets, M&A, investment funds, restructuring and insolvency, and private equity.  

The firm's capabilities are demonstrated through its involvement in significant financial transactions. Notably, Zhong Lun advised a US$1 billion acquisition loan for the delisting and privatisation of Hollysys from the Nasdaq. The firm also handled a substantial loan facility of nearly US$8.2 billion for the Phase III ethylene and polycarbonate projects, syndicated by major Chinese banks. 

Zhong Lun advised Inner Mongolia Mengniu Dairy (Group) on the Ping An Securities-Mengniu Dairy No.3 Phase I Receivables Asset-Backed Special Purpose Scheme. As of 2024, this securitisation project achieved a scale of over RMB 10.15 billion (US$1.43 billion), setting a precedent for industry-financing combinations in China's fast-moving consumer goods sector. 

Additionally, the firm advised on the CITIC Securities-YueXiu Commercial Holding-Type Real Estate ABS Scheme, marking the debut of a holding-type real estate ABS product, also known as a Private REIT, in China. Backed by commercial and office properties, this issuance was the first of its kind on the Shenzhen Stock Exchange, signifying a milestone in the entry of commercial and office properties into the holding-type real estate ABS market. 

Key clients  

Structure Therapeutics, Lufax Holding Limited, Atour Lifestyle Holdings, Kingdee International Software Group Company, Haier Smart Home, China Publishing & Media Holdings, Dongfeng Motor Group Company, Beijing Health Guard Biotechnology, and Shenyang Fortune Precision Equipment Co.  

Testimonials  

Banking 

“Chen Dongyue is extremely knowledgeable and gives very clear instruction.” 

Banking and finance 

“They have excellent professionals, deep experience and, where needed, good connections with relevant regulatory bodies.” 

Investment funds 

In navigating regulatory gray areas, their ability to find viable paths forward when regulations are ambiguous is a key differentiator in China's investment landscape. In handling government relations, their experience and sophistication in managing necessary interactions with Chinese regulatory bodies effectively really alleviated our burdens. In complex cross-border structuring, their expertise in designing investment vehicles and transaction flows that optimize tax, regulatory compliance, and commercial goals across multiple jurisdictions, especially involving China, truly helped us settle several legal matters. In execution certainty, their deep experience and resources translate into a high degree of reliability in getting complex, high-stakes deals closed successfully.” 

"Professionalism: Zhong Lun offers highly professional services. Its top-notch legal team gives accurate legal advice and effective solutions, reflecting solid legal knowledge and rich experience. Efficiency: the firm swiftly meets client needs, promptly updates on project progress, and shows remarkable efficiency in handling urgent matters. Teamwork: with a closely-knit team, it can handle complex projects through multi-field and cross-departmental collaboration, providing clients with all-round legal support. Innovative thinking: when dealing with tough cases, the firm's lawyers use creative ideas and flexible strategies to offer unique, tailor-made solutions. Deep client-need understanding: it deeply understands the characteristics and needs of clients' industries, and provides practical-oriented legal advice and solutions from a business perspective." 

"Zhong Lun stands out for its deep industry expertise, especially in cross-border transactions and compliance, providing practical and commercially savvy legal solutions." 

M&A 

“Offer a serious service such as legal opinion. M&A agreement negotiation.” 

Private equity 

"Quick turn-around, Super professional, having business sense, can provide solutions that really work." 

"Professional. Very responsive. Provide good judgement and advice." 

“Zhong Lun was outstanding in contract drafting, deal structure designing and negotiation.” 

Shaun Gao

"PE/VC financing, rRestructuring, capital markets." 

Moxi Zhang

"Possesses strong knowledge, is highly responsive, and provides effective solutions." 

Xin Li

"Smart, professional, and patient." 

Tian Liu

"Tian Liu excelled in defining the path by clearly identifying the core legal obstacle and structuring a viable solution acceptable to all parties. She maintained constant, clear communication to ensure our business objectives were fully integrated into the legal strategy and documentation. Liu drove the team with strong project management to meet deadlines, manage complex due diligence, and ensured meticulous attention to detail. Her decisive guidance and ability to harness the firm's resources were instrumental in achieving a successful outcome." 

Jialiang Zheng

"Patient in communication and excellent in legal expertise." 

Xining Dai

"Xining Dai demonstrates (1) a solid professional foundation: with in-depth understanding of private fund regulations, offering precise advice; (2) extensive practical experience: handling numerous projects across all fund stages; (3) strong problem-solving capability: tackling complex issues in structure design and risk control; (4) deep client demand understanding: providing personalized service plans; (5) effective communication and collaboration: explaining complex issues clearly and building sound cooperative relationships." 

Ping (Evan) Zhang

"Ping Zhang is (1) a regulatory and practice expert: with profound understanding of private fund laws, able to anticipate compliance risks; (2) commercial thinking-oriented: optimizing terms from a business perspective to balance GP/LP interests; (3) strong in risk control: safeguarding client interests through agreement design; (4) well-connected: possessing extensive industry resources to offer solutions in financing and cross-border investment." 

Fang Chen

"With decades of consistent excellence, Fang Chen stands out as one of China's most experienced and devoted private funds practitioners, combining deep technical mastery with tireless professionalism." 

Jie Ma

"Excellent in every aspect." 

Wenxiang Meng

"Good. Possesses deep expertise in his specialized field and applies it effectively." 

Established in 1909, Kirkland & Ellis is a Chicago-based law firm with 2,300 lawyers and 15 offices worldwide. The firm caters to its clients with an interest in Greater China from its offices in Beijing, Shanghai and Hong Kong with more than 100 professionals advising Chinese and international clients. 

Formed in 1948, Skadden Arps Slate Meagher & Flom is a New York-based international law firm with 1,700 lawyers across 22 offices. The firm’s Beijing office opened in 1991. The firm serves its clients’ Greater China interests from its offices in Hong Kong and Beijing with more than 70 lawyers.

Clifford Chance is a London-based magic circle law firm with over 3300 lawyers and 34 offices across 23 countries. The firm opened its Hong Kong office in 1980 which now has 150 lawyers servicing clients’ Greater China interests in conjunction with its Beijing and Shanghai offices. The firm has market leading transactional practices across an array of practice areas as it has the largest banking team in Hong Kong and strong relationships with Chinese policy and commercial banks. 

Ropes & Gray is the Chinese presence of the international law firm of the same name. The firm caters to its clients with Greater China interests from its offices in Shanghai and Hong Kong. 

Established in 1865, Boston-based Ropes & Gray is an international law firm with more than 1,400 lawyers and 11 offices across the US, Asia and Europe. 

 

Focusses / specialisms 

The firm is strongest in its private equity practice and also recognised for its work in banking, capital markets, and M&A in mainland China. Its Shanghai office provides legal services to both domestic and global clients. 

 

Key clients 

Key clients of the firm include Ares SSG Capital Management, Baillie Gifford, Bain Capital, Baring Private Equity Asia, China Resources Capital Management, ICBC International, Alibaba, API Hong Kong Investment and Didi Global.  

With integrated management headquartered in Shanghai, AllBright Law Offices is among the largest full-service Chinese law firms. It has branch offices in 29 cities that house more than 3,500 lawyers.  

Highlights  

AllBright has built itself a good reputation in transactional law. The firm is well versed in a range of matters including IPOs, debt equity swaps, M&A, private equity, investment funds, banking, restructuring and insolvency, PPPs and asset securitisation 

In the banking and finance sector, the firm advised Tianjin Trust in the innovative Xinsheng No.1 Service Trust Project, pioneering market-oriented restructuring services in Tianjin and potentially setting a national precedent.  

In debt capital markets, the firm facilitated the issuance of several bonds and REITs, including billion RMB-level deals. Particularly noteworthy was the successful service provided to Suzhou SND Group in issuing the first dual institution certified sustainable development bond in Jiangsu.  

Key clients  

Bank of East Asia, Logan Group, State Grid, Shanghai Lujiazui Group, and Haitong Unitrust International Financial Leasing. 

Headquartered in Beijing, DeHeng Law Offices is a full-service PRC law firm that has 50 offices in and outside China. 

Highlights  

The firm is regarded for its work in M&A, capital markets and banking.  

Last year, the firm was actively performing in debt capital markets. It advised China Resources Beer (Holdings) Company on the successful registration of RMB 4 billion (US$565 million) commercial papers and RMB 8 billion medium-term notes in NAFMII (Panda bonds), advised Zhuhai Huafa on RMB 500 million offshore bonds issue and Huatai Security issued US $800 million bonds.  

Key clients  

China CITIC Bank International, Export-Import Bank of China, BOCOM International Universal Investment, HSBC, China Gold, and Qingdao Sifang Rolling Stock Research Institute. 

Headquartered in Beijing with branch offices in Shanghai, Shenzhen, Hong Kong, Guangzhou and Xi'an, Jia Yuan Law Offices is ranked ‘Highly recommended’ in capital markets. The firm specialises in capital markets, corporate and M&A, financial and international businesses. Senior partner Liangjuan Wen has expertise in corporate restructuring, refinancing and M&A. 

The firm acted as legal adviser for Qilianshan Group on its major asset reorganisation. The team also advised Qingdao Port in acquiring eight subsidiaries from Rizhao Port Group and Yantai Port Group for US$2.14 billion by issuing shares and paying cash. They also advised Sinoma International on its purchase of 100% equity of Hefei Cement Research & Design Institute Corporation by issuing shares and paying cash. 

Key clients include Qingdao Port, Sinopack Electronic, and Tianjin Printronics. 

Testimonials 

Asset finance     

“Professional.”      

Jing Liu 

“Good.” 

M&A 

"Jia Yuan has consistently provided our company with strong support and assistance, offering reliable guidance on both domestic and international legal matters."     

Xi Wei 

"Delivers comprehensive legal support in day-to-day operations and demonstrates exceptional legal expertise and adaptability when specialized services are required." 

East & Concord Partners is a full-service law firm in China covering over 20 practice areas. The firm is headquartered in Beijing, with offices in Shanghai, Shenzhen, Wuhan and Hangzhou. 

Highlights  

East & Concord specialises in banking and finance, and capital markets. In the research period, the firm showed a deep understanding of fast-growing industries such as healthcare, sports and data protection. The firm has been involved in several M&A projects in the pharmaceutical and health industry. 

In 2022, the firm advised China CITIC Bank on launching equity refinancing projects by placing shares to original shareholders in China and Hong Kong. 

In one highlighted case, the firm established Huaxia Wealth, which is the first commercial bank wealth management subsidiary registered in Beijing by a national joint-stock commercial bank. 

In another notable case, the firm assisted SPD Silicon Valley Bank to acquire an asset from a confidential company. The target has businesses in various industries such as hardware, software, internet, mobile, consumer technology, life sciences, biotechnology and clean-tech, and private hospitals. Advising on financing structures for various acquisitions in these sectors illustrates the team’s comprehensive legal knowledge. 

Key clients 

China CITIC Bank, CITIC Group, Huaxia Bank, Guomin Pension & Insurance, Beijing Capital Eco-Environment Protection Group, Fullgoal Fund Management, China International Capital, CICC Fund Management, and China Orient Asset Management. 

Leaf is a boutique law firm founded in 2012 by a team of European lawyers, led by Bruno Grangier. The firm has offices in Beijing and Shanghai. In the last quarter of 2020, SNB Law and Leaf started a strategic cooperation, a joint M&A team is to be established and will consist of experienced professionals from France, Germany, Austria, China and Vietnam. To increase its footprint in Europe, the firm opened an office in Paris in January 2020. Partner Charlotte Mantoux, who was previously in Shanghai, joined the firm’s Paris office.

 

Highlights

With a focus on M&A and private equity, the team is composed of Chinese and international corporate lawyers trained in international law firms and familiar with cross-border transactions with major MNCs, entrepreneurs, funds, and setting up joint ventures in China.

 

Key clients

Key clients of the firm include GL Events, Pernod Ricard, Beaumanoir, Babolat, Nuxe, Galeries Lafayette, Full Jet, Tomorrow, Havas Group, and Cerba and Sanyou Medical.

Established in 1992, Beijing-based Haiwen & Partners is a leading firm in China with branches in Shanghai, Shenzhen, Hong Kong, Chengdu and Haikou. 

 

Highlights 

The firm specialises in areas such as capital markets, mergers and acquisitions, private equity investment, foreign direct investment and fund formation. 

The firm provided legal services for China Mobile Communications Group in its RMB 45 billion investment in Postal Savings Bank of China. The team represented underwriter in Nexchip Semiconductor Corporation’s A share listing. This listing is the third largest A-share IPO in terms of financing scale in the integrated circuit industry, the third largest A-share IPO as of 2023, and the largest A-share IPO in terms of financing scale in Anhui province. 

Haiwen & Partners strengthened its capital markets team by hiring veteran Tom Chau, Zhong Wang and Isaac Chen from Herbert Smith Freehills in 2023. 

 

Key clients 

The firm main clients include China Mobile Capital Holding, Lufax Holding, Goldman Sachs (Asia), China International Capital Corporation, Syngenta Group, Syngenta Group Finance, Beijing Strong Biotechnologies, Credit Suisse (Hong Kong), China Tourism Group Duty Free Corporation, OneConnect Financial Technology, China Three Gorges, CNPC International, HSBC, CICC, BP Xiaoju, X-EPIC, Qimai, Plum and Guotai Junan Securities.

Llinks Law Offices is a Shanghai law firm with nationwide and international practice.  

Highlights  

Its main practice areas include banking and finance, capital markets, restructuring and insolvency, and M&A.  

While confidential, the law firm's deals this year highlight expertise in banking and finance, with notable clients like Bank of China, Bank of Shanghai and DBS, showcasing its capabilities.  

The firm advised United Imaging Healthcare Technology Group on issuing technology innovation corporate bonds to institutional investors in 2024, a first for private medical enterprises. They also assisted Sonavox with A-share convertible corporate bonds, Jiangsu Bojun Industrial Technology with convertible bonds, and Zhuhai CosMX Battery with public convertible bonds.  

The firm advised Sungrow Hydrogen Technology's A round financing and Wise Living Technology's Hong Kong IPO. They also assisted Goldlink Capital in transferring Best Linking Group Holdings to the Main Board and advised Hua Hong Semiconductor on listing on the Science and Technology Innovation Board of the Shanghai Stock Exchange.  

Key clients  

Beijing Jingdong Century Trading, Shanghai Banghui Commercial Factoring, China Re Asset Management, New China Asset Management, China Insurance Investment, Sunshine Asset Management, Generali China Asset Management, and China Insurance Investment.  

Testimonials  

Project finance

"Demonstrates exceptional 'risk precision capability' in financing operations and provides an 'embedded service' experience in legal advisory." 

Candice Du

"Specializes in cross-border investment, M&A, and dispute resolution, with particular expertise in technology, new energy, and healthcare sectors." 

JunZeJun Law Offices was founded in 1995 with its headquarters in Beijing. It is one of the earliest partnership law firms in China, as well as one of the largest, well-recognised law firms in China. The firm has so far established 14 branch offices in Shanghai, Shenzhen, Guangzhou, Tianjin, Nanjing, Chengdu, Changsha, Changchun, Zhuhai, Haikou, Kunming, Shijiazhuang, Zhengzhou and Hong Kong (which is in association with Nixon Peabody CWL). 

 

Focusses / specialisms 

The firm is recognised for its work in banking and finance and capital markets. It is traditionally known for its strong aviation finance practice, but it also has a strong debt capital markets practice and is active in the equity and securitisation space.  

 

Key clients 

Key clients of the firm include Bank of China, Zhongyuan Bank, The Lvgang International Center Branch of Bank of Beijing, New China Trust, TTCO Trust, Huaxia Financial Management, ICBC Financial Assets Investment, and China Minsheng Trust. 

Established in 2016, Zhongjian Law Firm is a Beijing-based law firm. It has a collaboration with UK boutique Rooney Nimmo extending its reach to Hong Kong, US and Singapore. 

Focusses / specialisms

The firm is best known for its private equity, trust, asset management, securities, international trade and intellectual property work in sectors such as real estate, banking and insurance. 

Key clients

Key clients of the firm include CITIC Securities, Sinopec, Bank of China, Zhongrong International Trust, Tsinghua University Education Foundation and Shanghai Culture Assets.

Research period review: 30th edition (2019/2020)

During the research period the firm kept busy advising on confidential real estate acquisitions, investments and mixed reform projects. In 2019 it handled 60 M&A cases and 15 insurance investment cases.

V&T Law Firm is a full-service Beijing-based PRC Law Firm with branch offices in Shenzhen, Shanghai and Chengdu and international offices in Madrid, Manchester and Kolding.

 

Focusses / specialisms 

Securities law is core to the firm’s business. It provides advice in domestic and overseas IPOs, refinancing, bond issues, M&A and asset reorganisations.

 

Key clients  

Key clients of the firm include China Vanke, Tus-Holdings, Shanghai Huaming Intelligent Terminal Equipment, Kunming Future City Development and Xingzhen Investment Management.

Established in Beijing in 2009, FenXun Partners is a PRC law firm with 140 fee earners, 30 partners and further offices in Shanghai and Qionghai. In 2015 Baker McKenzie FenXun (FTZ) Joint Operation Office was jointly established by FenXun and Baker McKenzie as the first joint operation approved by the Shanghai Justice Bureau.

 

Focusses / specialisms 

The firm is focused on M&A, foreign direct investment, capital markets, asset securitisation, investment funds, private equity, competition and finance, and has expertise in financial services and real estate.

 

Key clients  

Key clients of the firm include Nashwork, Chongqing Baidu Microfinance, Herald International Financial Leasing, Huarong Rongde Asset Management, Whirlpool and GlaxoSmithKline.

Shearman & Sterling is a New York-based international law firm with 850 lawyers across 23 offices. The firm’s Hong Kong office leverages off its global and Asia network to carry out transactions in Greater China, southeast Asia, Japan, India, Mongolia and South Korea.  

The firm has a dedicated bilingual team of lawyers in Beijing, Hong Kong and Shanghai qualified to advise on Hong Kong, US and UK law. 

 

Focusses / specialisms 

The firm has a strong practice in foreign project finance, where the firm has achieved top-tier status in China for this area, it is also very active in foreign M&A, private equity, project development and capital markets. 

 

Key clients 

Key clients include PetroChina, China National Petroleum Corporation Exploration & Development Company, Clear Media, Investcorp, PTT Oil and Retail, Bank of America Securities, HSBC and Credit Suisse.  

Formed in 1866, Sidley Austin is a Chicago-based international law firm with over 2000 lawyers across 20 global offices. In Asia-Pacific the firm has 200 legal professionals in Hong Kong, Shanghai, Beijing, Singapore, Sydney and Tokyo. Its Hong Kong office was established in 1994. 

Focusses / specialisms

The firm offers US, Hong Kong and English legal advice to its clients and excels transactionally in the equity capital markets, the debt—especially high-yield bond issuances—capital markets, investment funds, M&A and private equity. 

Key clients

Key clients of the firm include Springland International Holdings, Vivo Capital, CanSino Biologics, Kaisa Group Holdings Company, Standard Chartered Bank, DBS Bank and Fosun International. 

Research period review: 30th edition (2019/2020)

The firm’s equity capital markets practice was very active during the research period advising on Hong Kong IPOs, share placements and rights issues; while the debt team handled corporate bond issuances alongside high-yield, convertible and green bond issues. 

The M&A team acted in take-privates, joint ventures, disposals and acquisitions in the transport, real estate and construction industries. In private equity the firm assisted clients in various rounds of funding and in investments.  

Deal highlights: 30th edition (2019/2020)

-China Evergrande Group Rmb13.2 billion acquisition of Shengjing Bank

-Fosun International €400 million 4.35% high-yield bond issue 

-HiFiBiO Therapeutics $67 million series C financing

-Kaisa Group Holdings $400 million 11.95% high-yield bond issue

-Shanghai Henlius HKSE IPO

-Springland International Holdings HK$4.5 billion take-private 

-Vodafone Idea $3.5 billion rights issue 

-Zhongliang Holdings HKSE IPO

Established in California in 1934, Latham & Watkins is an international firm with 2700 lawyers across 29 offices in the United States, Europe, the Middle East and Asia. The firm’s office in Hong Kong leverages off its Asia network of offices in Beijing, Shanghai, Seoul, Singapore and Tokyo.  

Focusses / specialisms

Latham & Watkins traditional strength in Hong Kong is in M&A and capital markets, but in recent times, it has made its presence felt in regional private equity, restructuring and insolvency, regulatory and leveraged finance, where it has a unique practice that acts for lenders, sponsors and borrowers.  

Key clients

Key clients of the firm include Zhengzhou Zhongrui Industrial Group, China National Chemical Corporation, ESR Cayman, Bank of America, Vipshop Holdings, Huachen Energy and China Life Insurance (Overseas) Company.

Research period review: 30th edition (2019/2020)

The firm’s capital markets team kept busy advising on Hong Kong and US IPOs, high-yield bond issuance, corporate and convertible bonds and programme updates. 

In finance the firm acted in a range of conventional finance mandates, lender and sponsor leveraged finance, margin financing and bridge loans. 

The corporate team were busy with take-private mandates, investments, mergers, joint ventures, spin-offs, and acquisitions in the transport, automotive, telecommunications, data centres, healthcare, technology, pharmaceuticals, and food and beverage industries. 

The private equity team assisted clients in various rounds of funding while the regulatory team handled a host of contentious and non-contentious mandates. 

In restructuring and insolvency, the firm acted for bondholders and advised in financial restructuring mandates alongside other matters in energy, mining and medical industries. 

The firm’s corporate team was hit with the departure of its Beijing office managing partner Yilong Du to private equity firm Warburg Pincus. 

Deal highlights: 30th edition (2019/2020)

-China Biologic Products Holdings $4.6 billion take-private

-China National Chemical Corporation $2.5 billion multiple-tranche (3.125%, 3.375%, 3.875%, 4.75%) bond issue 

-Chongqing Sincere Yuanchuang Industrial $230 million 10% high-yield bond issue 

-DouYu International Holdings NYSE IPO

-ESR Cayman HKSE IPO

-Ruangguru $150 million series C financing 

-Shanghai Huaxin insolvency

-Tencent Asset Management $6.5 billion term loan and revolving credit facility 

-Vipshop Holdings Rmb3.4 billion acquisition of Shan Shan Commercial Group 

Established in 2001, Anli Partners is a Beijing-based law firm with over 120 partners and senior consultants, and further offices in Shanghai, Shenzhen, Tianjin, Nanjing, Zhengzhou, Hohhot, Kunming, Xi’an, Hangzhou, Chongqing, Haikuo and Tokyo.

Focusses / specialisms

The firm is strongest in banking and project financing, asset management, overseas investment and M&A.

Key clients 

Key clients of the firm include China Development Bank, China CITIC Bank, R&F Properties and Binhai New Area Construction and Investment.

Research period review: 33rd edition (2022/2023)

Key partners are Xuliang Xu, whose focuses are banking and finance, and Xuefeng Ji, who specialises in corporate matters, investment and financing.

During the research cycle, all submitted cases remain confidential but showcased the firm’s capacity in handling complicated transactions.

Founded in 1992, Commerce & Finance Law Offices is active in key areas of transactional law, especially in the overseas capital markets. Headquartered in Beijing, the firm also has branch offices in Shanghai and Shenzhen.  

Highlights  

Commerce & Finance’s core practice areas cover securities, investment, banking and finance, and M&A. It has a traditionally strong IPO practice and is recognised as a market leader in this area. The firm has participated in many landmark listings and reorganisations of state-owned and private enterprises.  

The firm provided legal services on various significant bond issuances, including advising the People's Government of Guizhou Province on a special bond issuance by the Agricultural Bank of China Guizhou Branch, assisting Taiwan Cement Corporation in issuing its first international green equity-linked securities, and advising China Xiongan Group on a public offering of green corporate bonds.  

Throughout the research cycle, the firm garnered positive peer feedback for their expertise in the overseas IPO market and proficiency in domestic capital markets, highlighted by their completion of notable deals such as the groundbreaking HKD 120 billion (US$15.36 billion) listing of J&T Express in Hong Kong, marking the first IPO project in the logistics sector in Hong Kong with a Weighted Voting Rights structure in 2023.  

Key clients 

NIO, China Energy Engineering, Ningbo Zhoushan Port, Guizhou Branch of Agricultural Bank of China, Yunnan Branch of Agricultural Bank of China, Export-Import Bank of China, ICBC, Chengdu Branch of Agricultural Bank of China, Bocom Financial Asset Investment, and International Alliance Financial Leasing.  

Grandall Law Firm is a full-service law firm headquartered in Shanghai. It has offices in 28 Chinese cities including Beijing, Shenzhen, Hangzhou, Guangzhou, Tianjin, Chengdu and Ningbo, and has a further five offices globally.  

Highlights  

Traditionally, Grandall is known for its capital markets practice, where it has been dominant in the A-share market and has more recently made a push to strengthen its overseas listing practice.  

Key clients  

China Merchants Bank, China Minsheng Bank, China Huarong, Air China Cargo, Beijing Yansha Group, and Zhongsheng Beikong Biotechnology Company. 

Testimonials  

Private equity 

“They have done a good job in understanding business objectives and providing effective legal solutions."

Jing Zou 

Rich industry experience accumulated from years of practice in the private equity fund field.” 

Merits & Tree Law Offices was initially established in 2006 under the name Beijing Hawkhigh Law Offices until it was renamed in 2017. It has offices in Beijing, Shanghai, Shenzhen, Zhuhai and Haikou, with a Wuhan office now in the phase of establishment. The firm now has more than 80 partners and 300 lawyers and other professionals.  

Highlights  

It is a relatively young law firm in China but continues to develop rapidly. The firm’s strength is in handling private equity and investment funds mandates.  

Among the publishable deals, the team advised on the establishment and investment in New Fusion Energy (Anhui) by NIO Limited. This project involves a joint venture between NIO and two government-backed investment institutions to create a company focused on the development and commercialisation of fusion technology. The firm also advised on Round B-4 financing of Beijing Zhipu Huazhang Technology.  

The firm hired three partners Bo Hu, Ying Hui and Qingyang He in 2023 to strength its teams in private equity and M&A work.  

Key clients  

China Pengfei Group, Wuxi Shangji Automation, China National Nuclear Corporation, SanNuo Biosensor, China Pacific Insurance, Sequoia Capital, IDG Capital, CITIC Capital, Gaorong Capital, Tencent, and Xiaomi. 

Testimonials  

Investment funds     

Merits & Tree Law Offices stands out for its highly stable and cohesive legal team. The same core partner and associates have handled our matters for years, delivering deep institutional knowledge and continuity in legal service. Their attorneys combine technical expertise with industry-specific experience, particularly in private equity fund investment and corporate equity investment. This consistency eliminates the need to repeatedly onboard new teams, which is a common pain point with other firms.” 

“In recent years, we've collaborated with M&T on many complex investment fund cases. M&T lawyers have shown excellent understanding of insurance-fund investment in private funds and great skill in solving complex legal problems. They have been a key partner in our projects. They have shown innovative thinking in designing transaction structures for insurance-fund investments in private funds. Their strategic wisdom and problem-solving skills in project negotiations have been vital for our project's success. M&T lawyers also have unique views on resolving fund-transaction disputes. They have solved multi-party disputes, met various commercial needs, and helped us maximize our interests.” 

Project finance     

“Demonstrated strong responsiveness and attention to detail when collaborating with others. Consistently delivered timely and accurate support during collaborative work.” 

Feng Zhou     

Very knowledgeable and truly professional.” 

Xiongping (Allen)  Liu     

“Xiongping Liu has shown innovative thinking in designing transaction structures for insurance-fund investments in private funds. His strategic wisdom and problem-solving skills in project negotiations have been vital for our project's success.” 

Xiaoxing Guo     

“Xiaoxing Guo approached every aspect of the project with great care and diligence. He took the time to understand our needs, provided clear and well-reasoned legal advice, and always followed through on deadlines. His sense of responsibility gave us confidence at every stage.” 

Bei Hu 

“Lawyer Hu has an exceptional ability to solve problems and a very solid professional foundation, making outstanding contributions to our transactions.” 

Guantao Law Firm was established in 1994 and is a full-service law firm headquartered in Beijing.  

Highlights  

The firm’s practice areas cover capital markets, corporate and M&A, banking and finance, restructuring and insolvency, private equity and venture capital.  

During the research cycle, the Guantao team facilitated the acquisition of 51% of Huajin Coking Coal and 49% of Mingzhu Coal by Shanxi Coking Coal, raising a total of RMB 4.4 billion (US$622 million)They also assisted Guangdong Yuehai Urban Investment in acquiring majority stakes in two companies, resulting in 60% and 40% ownership of Foshan Baoli Real Estate. Additionally, the firm represented Shandong Shanhai (Beijing) New Energy in purchasing a controlling interest in Haimo Technologies, a company listed on the A-share market.  

Furthermore, the firm assisted China Insurance Investment (Beijing) in establishing and raising a RMB 10 billion private fund as the fund manager, focusing on the development of rail transit in Tianjin.  

Key clients  

Shanxi Coking Coal Energy Group, China Development Bank, China CITIC Bank, China Merchants Bank, China Life Investment, China Reinsurance, Beijing Building Material Group, China Energy Engineering Group, China Communications Construction Group, and Huayi Tencent.  

Headquartered in Sichuan, Tahota Law Firm is a full-service law firm that enjoys a leading position in western China’s legal market. The firm has branches in cities such as Beijing, Shenzhen, Shanghai, Nanjing and Tianjin.  

Highlights  

Core practice areas of Tahota Law Firm include securities, investment and mergers and acquisitions, private equity, bankruptcy liquidation, foreign-related investment and financing, and debt restructuring.   

The firm advised on several key projects, including the PPP project for the new urban express line from Bishan to Tongliang, the first domestic rail transit under the PPP+TOD model. They also advised on the acquisition of asset operation rights for the China Southern Power Grid Laos project, part of the Belt and Road initiative, and assisted Nakano Transportation Co in establishing a warehousing centre in Norfolk, Virginia.  

Key clients  

Yunnan Hongta Bank, Aluminum Corporation of China, Sichuan Cable Broadcasting Network, Tiansheng Securities, Development Bank of Singapore, Zhongtai International Securities, and ICBC International. 

Testimonials 

Insolvency  

"Jingtian & Gongcheng's professional capability in PRC insolvency law and restructuring procedures is particularly outstanding. They are well-versed in judicial reorganisation paths under the Enterprise Bankruptcy Law and have a deep understanding of the interests and commercial dynamics among various creditors, enabling them to provide actionable integrated legal and commercial solutions. Particularly commendable is their ability to coordinate with offshore counsel in handling cross-border insolvency matters, ensuring consistency and progress in domestic and overseas proceedings. Team members are highly responsive and communicate efficiently; the seamless collaboration from partners to associates significantly enhances project efficiency." 

 
"What sets Jingtian & Gongcheng apart is their deep expertise in PRC insolvency law and restructuring procedures. The team demonstrates a strong command of judicial reorganisation under the Enterprise Bankruptcy Law and has an excellent grasp of creditor dynamics and commercial sensitivities. Their advice is not only legally sound but also highly pragmatic and commercially actionable. Their ability to coordinate with offshore counsel and navigate cross-border insolvency protocols is particularly impressive. The responsiveness and cohesion of the team, including both senior partners and associates, greatly enhanced the efficiency of the restructuring process."
 

Bangwei Xu  

"Lawyer Bangwei Xu demonstrates exceptional capability in handling complex insolvency and restructuring matters. He possesses not only solid expertise in PRC bankruptcy law but also a pragmatic, solution-oriented approach to advancing projects. He is highly responsive, exercises sound business judgement, and is particularly adept at handling shareholder coordination, judicial dissolution processes, and overall management of cross-departmental projects. In time-sensitive, multi-party scenarios, his ability to proactively identify legal risks and propose viable solutions is especially valuable."  

“Mr. Bangwei Xu demonstrates outstanding capabilities in managing complex insolvency and restructuring matters. He combines solid technical expertise in PRC bankruptcy law with a pragmatic, solutions-oriented approach. He is highly responsive, commercially astute, and excels at navigating shareholder coordination, judicial dissolution procedures, and cross-functional project management. His ability to anticipate legal risks and proactively design workable solutions is especially valuable in time-sensitive and multi-stakeholder scenarios.” 

Capital markets  

“Always responsive, and very professional.” 

“They have demonstrated professionalism and insight.” 

Financial services regulatory 

"Jingtian & Gongcheng in China provided us with professional legal services, demonstrating a high level of legal expertise in both resolving legal issues and litigation representation. In legal counselling, they quickly and accurately understood our problems and provided comprehensive, targeted advice. In litigation, leveraging rich experience and solid legal skills, their team helped formulate reasonable litigation strategies for complex disputes and strived for favorable outcomes."  

"Mr. Sun Shiqi and his team represented the company in this series of lawsuits. The cases covered various legal fields, including contract law, tort liability law, and trust law, demonstrating the team's breadth of integrated cross-disciplinary legal knowledge. Through detailed familiarity with the case and a comprehensive grasp of the disputes involved, Mr. Sun developed effective response strategies as the case advanced, constructing a multi-dimensional defense framework by comprehensively applying different legal provisions and theories, fully reflecting the breadth and comprehensiveness of their case handling. Through detailed deconstruction of trust plan products, in-depth analysis of legal relationships, and rigorous examination of infringement elements, Mr. Sun demonstrated a deep understanding of the financial industry and complex financial litigation. Mr. Sun and his team devised a novel defense strategy, not limited to traditional frameworks but also proposing innovative legal viewpoints and analytical methods regarding the establishment of tort legal relationships and fault proof based on financial product characteristics, holding significant demonstrative and innovative value for resolving similar financial product disputes." 

Investment funds  

"The law firm's service teams, comprising a fund-side team and a project acquisition-side team, demonstrated exceptional collaboration and independence. Their seamless coordination enabled efficient end-to-end legal support for our pilot fund, covering all stages from establishment to asset acquisition. With profound full-process expertise, both teams consistently ensured regulatory compliance and operational excellence, underscoring their capability to handle complex cross-functional mandates in China's evolving private equity landscape." 

Jin Ying  

“Jin Ying communicates excellently, swiftly understanding our needs and taking full responsibility to fulfill them. In negotiations and regulatory work, the partner prioritizes our interests, ensuring effective solutions and proving indispensable.” 

Shiqi Sun  

"Mr. Sun has extensive practical legal experience and is particularly adept at handling complex cases, quickly grasping the core issues and developing effective solutions. He possesses solid legal expertise and a precise understanding and application of laws and regulations, enabling him to provide us with high-quality legal advice." 

Congcong Zhang  

"Ms. Zhang participated in developing a novel defense strategy, not limited to traditional frameworks but also proposing innovative legal viewpoints and analytical methods regarding the establishment of tort legal relationships and fault proof based on financial product characteristics, which has significant demonstrative significance and innovative value for resolving similar financial product disputes."

"Ms. Zhang has many years of legal experience, specializing in securities compliance, dispute resolution, corporate disputes, bankruptcy, and liquidation." 

Mingzi Tian  

She is very responsive and very innovative, good at solving problems.” 

Xiang Gao  

Mr. Gao is quite innovative and has good business sense. Very professional in his work.” 

Feng Wang  

“Professional and diligent.” 

Man Feng  

“Very patient and always thinks for the client.” 

Cuatrecasas is a Spanish, Portuguese and Latin American focused firm with more than 1,000 lawyers across 14 countries. The firm opened an office in Shanghai in 2007 followed by Beijing in 2017. The firm advise clients on their investments in China and other countries in the region through a team of Chinese consultants and foreign lawyers.

CMS

CMS is a German-based full-service law firm with over 4,800 lawyers across 17 independent member law firms with more than 70 offices globally. It services its Greater China interested clients from its offices in Shanghai, Beijing and Hong Kong. CMS Hong Kong entered an association with Shirley Lau & Co in May 2018.

Nishimura & Asahi is a Big Four Japanese law firm with 530 lawyers across 14 offices, including 10 overseas. The firm’s China practice group assists its Chinese and Japanese clients with more than 20 Chinese lawyers, Japanese lawyers and paralegals across its offices in Beijing and Shanghaiwhich were established in 2010 and 2014 respectively

Established in 2018, CM Law Firm is an eight partner and 50-lawyer-strong Shanghai-based PRC law firm with a further office in Beijing.

 

Focusses / specialisms 

The firm is focussed on early-stage financing, pre-IPO investment, IPOs, secondary market financing and facilitating domestic and cross-border private equity transactions.

 

Key clients  

Key clients of the firm include Futu Securities International, Morgan Stanley, Goldman Sachs, Cloopen, Kintor Pharmaceutical, Zhejiang Energy and Credit Suisse.

JunHe is a top-tier firm in transactional law in China. Headquartered in Beijing, JunHe also has offices in cities such as Shanghai, Guangzhou, Shenzhen, Hangzhou, Chengdu and Qingdao. It is highly regarded for its banking and finance, capital markets, M&A and investment funds work. 

Highlights  

During the research cycle, the firm’s capital markets team assisted Industrial Bank (Hong Kong) in issuing US$650 million of green bonds, which needed to be aligned with China-EU Common Ground Taxonomy. The bonds will support renewable energy, low carbon and low emission transportation-related projects. In addition, the team assisted China National Nuclear Corporation in its successful issuance of carbon-neutral green bonds on the Shanghai Stock Exchange. 

The JunHe team also achieved great success in IPO work last year. One highlighted case is where the team advised Atour Hotel’s IPO on the Nasdaq with the issuance of new regulations by China’s legislative and administrative authorities including data security laws, cybersecurity laws and personal information protection laws. Another notable deal is the team advising Tianqi Lithium in its US$16.84 million IPO, which was the largest IPO in the global lithium sector. 

The firm also completed a few restructuring transactions. For example, the team represented A-share listed company Hengkang Medical in its restructuring and two Quanzhou-based property developers in finishing their restructuring. 

Last year, the firm hired Zhijun Lin, Libin Shi and Xiaofei Chen to strengthen the firm’s capital markets team. Also, five new partners joined the firm’s restructuring and insolvency team: Zhengdong Liu, Yifan Xian, Tao Bai, Bingbing Gai and Chenghao Li. 

Key clients 

58.com, Industrial Bank, Standard Chartered Bank, Blackstone, Bank of China, DCIG, Bank of Communications, HSBC China, CMBSm and JPMorgan. 

Testimonials  

M&A 

"Professionalism sets them apart, particularly the highly complex M&A structure proposed by JunHe." 

"The work quality is high, and deliverables are always timely." 

Private equity 

"The JunHe team maintains remarkable stability in their personnel, which is uncommon in the current market. When servicing projects, they consider the full spectrum and identify potential long-term issues at an early stage." 

"They provide professional legal opinions in the private equity fund field, helping us improve the quality of agreement reviews. Their legal due diligence is professional and valuable. For litigation cases, they offer professional solutions that increase the probability of winning." 

PPP/PFI 

"They deliver quick results. The firm has a wide range of legal services and can quickly match us with a suitable lawyer." 

Insolvency 

"The JunHe team demonstrates satisfactory professional competence and efficiency." 

Investment funds 

"They deliver professional legal services with high efficiency, offering clients highly valuable advice and support." 

"Their expertise in funds is outstanding. With dozens of fund investors, decision-making on exits and distribution mechanisms is critical. JunHe assisted us in detailed contract analysis and provided practical solutions, which was impressive." 

Project development 

"They work efficiently, provide timely and accurate advice, and help customers resolve issues effectively." 

Nelson Zhou 

"He is a deal maker." 

Rui Ma 

"He is very hard-working and provides strong support for our business. He is also highly responsible and solution-oriented." 

Xianfeng Zhou 

"Rapid response speed and high-quality service." 

"Accurately addresses client needs and handles complex matters at a high level." 

Chenghao Li 

"Drafts reorganisation plans with exceptional efficiency and professional skill." 

Frank Zhou 

"Responds promptly, understands business needs, and delivers quality work." 

Jiakun Cui 

"Provides professional legal services in the private equity fund sector." 

"Communication is always timely. He is accessible when needed and provides effective feedback. For issues requiring multi-faceted consideration (such as litigation aspects), he promptly coordinates with other partners at the firm to provide comprehensive advice." 

"Lawyer Cui has extensive experience in private equity legal services and can mobilize the firm’s resources to provide comprehensive professional services and solutions." 

Jianwei Yang 

"He is always available, very helpful, and responsible." 

Paipai Wang 

"Quick response speed and high-quality service." 

Headquartered in Beijing, AnJie Broad Law Firm provides full legal services in transactional law and is strong in financial legal services related to the insurance industry.  

Highlights  

The firm has experience in domestic and foreign M&A, foreign direct investment, real estate and construction projects, financial leasing, infrastructure, banking and finance, overseas investment, capital markets, private equity and venture capital.  

In the M&A sector, the firm advised Ningbo Huaxiang Electronic Co. on its acquisition of the China operations of Luxembourg-based International Automotive Components Group. This complex transaction involved sellers from three foreign entities and six domestic target companies across multiple jurisdictions, including wholly owned subsidiaries, a joint venture, and their respective branches. The legal team successfully navigated the intricacies of this deal by efficiently conducting due diligence under tight deadlines, creatively structuring the transaction, and managing the closing arrangements. 

The firm also assisted Yinchuan Shengrong Investment in establishing a joint venture with American Lycra Company, known as the Yinchuan Spandex Project. This initiative revitalised local assets, unlocked the market potential of Yinchuan's non-performing assets, and significantly enhanced the efficiency of state-owned asset utilisation. By resolving historical burdens associated with underutilised assets from previous transactions, the project is poised to have a profound impact on local economic and social development. Scheduled to commence operations in August 2025, the project is expected to create between 300 to 500 local jobs and generate an annual tax revenue of RMB 100 million (US$14 million), thereby contributing to the local economy's prosperity. 

Key clients  

CICC Capital, CITIC Securities, Sinopec, PetroChina, Sequoia Capital, Hillhouse Capital, and Ping An Group.  

HHP Attorneys-At-Law is the first Chinese member firm to join Meritas, an international alliance of law offices. Headquartered in Shanghai, it is a boutique law firm that is best known for its work in banking and finance and M&A. 

 

Highlights 

The firm is particularly active in the pharmaceutical, healthcare and mining sectors. 

 

Key clients 

Key clients include 3M, Bank of China, Aijian Trust, Shanghai Pudong Development Bank, Sichuan Trust, Puma, Zhonghai Trust and Children’s Hospital of Fudan University. 

Founded in 1992, Jincheng Tongda & Nealhas grown to become one of the largest and most respected law firms in China, with hundreds of qualified and talented attorneys in 15 offices located in key urban centres across the country, and one liaison office in Tokyo, Japan.  

 

Highlights 

The firm is best known for its M&A, capital markets and banking work. It is also active in the private equity and investment funds area.  

Jincheng Tongda & Neal provided strategic legal counsel to China Chengtong in its strategic partnership with China Telecom's cloud computing platform, Chinatelecom Cloud. Additionally, the firm represented Shagang Group in its acquisition of a 60% equity stake in Nanjing Nangang Iron and Steel Union Co., which was jointly held by Fosun Hi-Tech and its affiliated entities. 

 

Key clients 

Key clients of the firm include China Chengtong, Shagang Group, China Construction Bank, Bank of Communications Lianyungang Branch, Bank of Nanjing, Jinshan New Town Construction and Development, Huahong Grace Semiconductor, Parkson Group and Youzu Network.

Based in Shanghai, SG & Co Lawyers was founded in 2010 with the merger of several law firms. After years of growth, the firm has set up branches in cities such as Tianjin, Shaoxing and Suzhou. 

 

Highlights 

The team focuses on capital markets, M&A and equity investment. 

Last year, SG & Co Lawyers provided crucial legal counsel on several high-profile projects. They advised on the issuance of Green Asset-Backed Securities for personal auto mortgages and assisted the establishment of various investment funds. Additionally, they offered expertise on distressed asset-backed securities and notable financing and investment projects. This demonstrates their extensive knowledge and versatility in the financial and investment sectors. 

 

Key clients 

Key clients of the firm include Shanghai Film Group, Baohua (Shanghai) Enterprise Management and Shanghai International Trust.

Established in 2016 in Beijing, Shihui Partners is an emerging boutique law firm in China.  

Highlights  

The firm provides specialist advice in M&A, private equity, capital markets and investment funds, and has achieved many results in the new economy industry.  

The firm advised Guming Holdings on its Hong Kong IPO, which was the largest in the consumer market this year. Additionally, Shihui Partners advised JD Group on a US$2 billion convertible bond issuance, marking the second-largest convertible bond issuance by a Chinese concept stock in history and the largest by an Asian company since 2024. 

Partner Jian Zhang played a key role in advising Midea Group on its Hong Kong IPO, a transaction that stands out as the second-largest IPO globally since 2024. This IPO was also the largest in the Hong Kong market over the past three years and the largest H-share IPO of a non-financial A-share listed company to date. Following the issuance, Midea Group became the first A-share listed company to complete an H-share IPO under the new overseas listing filing system. 

In 2024, Shihui Partners expanded its team with new hires, including Baao Zhao from Han Kun Law Offices, Huikai Wang from King & Wood Mallesons, Yangyuqian Meng from Zhong Lun Law Firm, Xian Zhang from Longfor Group, and Yuan Zhang from Liu Shen & Associates. 

Key clients  

Orchid Asia Investment Fund, JD.com, JD Health Group, Lightspeed Venture Capital, CICC Capital, Ping An Insurance, ZZ Capital, East West Bank of China, and Legend Capital. 

Established in 2004, Han Kun Law Offices has developed aggressively from its Beijing origins. It has not only expanded its bench of lawyers, but it is also recognised in various industries, such as telecommunications, healthcare and retail. The firm now has six offices: Beijing, Shanghai, Shenzhen, Haikou, Wuhan and Hong Kong.  

Highlights  

The firm is especially known for its high-quality work and regularly advises clients in capital markets, M&A, private equity and investment funds.  

Han Kun Law Offices has a strong banking and finance team that is widely recognised in the international market. Last year, the team represented China Eastern Airlines as buyer in the purchase of 100 C919 aircraft from Commercial Aircraft Corporation of China, and represented Tradeweb’s participation in Swap Connect.  

Key clients  

IDG Capital, Sequoia Fund, Walmart, Baidu, Tencent, China Everbright Bank, and Meituan 

Testimonials  

Banking  

“Han Kun Law Firm services are excellent, team is stable with high-level expertise, turnover is very quick with high quality.” 

Capital markets  

Hankun’s team is professional, meticulous, and proactive, and communicates well with clients and other advisers in the project. Wang Dandan, the lawyer in charge, has rich experience in capital markets, and is able to analyse complex legal issues in depth, propose practical solutions, and protect clients' interests to the largest extent possible.” 

Investment funds  

“Han Kun Law Offices in China has professional knowledge reserves, a large number of practical cases and rich experience in the C-REIT field, which can help us efficiently achieve our commercial objectives.” 

“Responsive and professional.” 

M&A  

Practical, quick response and rich industry insights.” 

“The firm demonstrates exceptional proficiency in foreign-related and offshore investment activities, leaving a highly positive overall impression. This favorable evaluation is based on several key aspects:  

First, the firm possesses extensive and mature experience in handling significant legal matters related to offshore investments, enabling it to identify legal risks and recommend appropriate solutions 

Second, the firm exhibits a strong sense of dedication; its service quality is exemplary, actively safeguarding clients' rights and interests, negotiating on their behalf with firmness and strategic insight, and demonstrating the ability to effect positive outcomes. The firm maintains a high standard of accuracy, responds promptly, and employs a well-structured division of labor within its team.  

Third, beyond providing sound legal advice on project management, the firm excels in managing relationships with partners and their consultants, earning considerable recognition from the partners involved.” 

“Experienced, responsive, attentive to details, commercial sense.” 

Ting Zheng  

"Mrs Zheng works closely with us, supervises her team's work, so as to maintain a high quality of work. She has very good solid legal/industry knowledge"  

Eryin Ying 

"Eryin works very professionally, he is very responsive and knowledgeable on market-related matters, not only in general banking legal work.” 

Shiwen Dong  

Professional with great industry insights and always provides constructive legal advice.” 

Xiaodi Nie  

“Nie promptly responds to clients' needs, provides answers with professional expertise, and offers personalized resources beyond the scope of the case itself to solve problems.” 

Xin Wang  

"Professional: mature experience in handling significant legal matters; actively safeguarding clients' rights and interests; negotiating on their behalf with firmness and strategic insight and demonstrating the ability to effect positive outcomes. Responds promptly. Our investment partners like her too." 

Dandan Wang  

“Wang Dandan is professional, meticulous, and proactive, and communicates well with clients and other advisers in the project. She is able to analyze complex legal issues in depth, propose practical solutions, and protect clients' interests to the largest extent possible.” 

Yige Yuan  

“Strong ability to handle complex deals, attention to details, strong commercial sense, good drafting skills.” 

Mayer Brown is a large international law firm with offices in 27 cities across the Americas, Asia, Europe, and the Middle East. It has been serving its clients in China since the 1990s with offices in Beijing, Shanghai, and Hong Kong where it has over 200 lawyers. 

  

Focusses / specialisms  

The firm is best known in Hong Kong and China for its restructuring and insolvency, projects, banking and debt capital markets practice where it is ranked highest—its high-yield practice is active often representing trustees on bond issuances. It also has a strong regulatory practice.  

  

Key clients  

Key clients of the firm include Mongolian Mortgage Corporation HFC, China Gas Capital Management, Jiu Zun Digital Interactive Entertainment Group Holdings, Leapfrog Investments, Maybank, and Asian Development Bank. 

  

Research period review: 32nd edition (2022/2023) 

Over the research period, the firm was active in banking, capital markets, investment funds, M&A, private equity, project development, project finance and restructuring and insolvency.   

The firm’s banking team worked on multiple confidential financings, mainly on the lender side.   

The capital markets team worked on the debt and equity side, advising issuers, underwriters and guarantors in complex securitizations such as sovereign bond issuances and high-yield bond issuances. The firm also participated in cross-border IPOs and private offerings. 

The M&A team worked on corporate acquisitions and investments, mainly advising financial institutions on strategic acquisitions and share or bond purchases.  

The projects team was very active on the finance side, leveraging its expertise advising financial institutions. The firm advised lenders, investors and developers in diverse projects.  

In restructuring and insolvency, the firm acted in restructurings and liquidation issues of entities, most notably in the cruise and resort businesses. The firm advised debtors and creditors.  

Between June and July of 2021, the firm bolstered its strength by recruiting partners Joanne Du from Baker Botts, partners Guiping Lu and Philip Hyde from K&L Gates and partners Bonnie Yung and Jason Wang from EY Law Hong Kong, also known as LC Lawyers. These partners will all be joining the corporate & securities practice. 

In August of 2021, partner Tom Pugh departed from the firm’s restructuring practice to join Walkers. 

 

Deal highlights: 32ndedition (2021/2022) 

Alpargatas $475 million acquisition of Rothy’s 

Chubu Electric Power $200 million acquisition of Bitexco 

Genting Hong Kong Limited $3.5 billion restructuring 

Mongolian Mortgage Corporation $250 million 8.85% bond issuance 

Republic of Indonesia $3.05 billion 1.3% sovereign bond issuance 

Sagaliam Acquisition Corporation Nasdaq IPO 

Sinochem Offshore Capital Limited $305 million 2.25%, .75%, 1%, 2.375% and 3.12% bond issuance 

Sun Hung Kai $90 million investment Sygnum Bank 

 

Client feedback: 32nd edition (2021/2022)  

Guiping Lu 

"Very knowledgeable about the China market, up to date with latest regulatory changes and the impact on offshore financing." 

Founded in 1984, Global Law Office is a reputable full-service law firm in China. It has four offices in Beijing, Shanghai, Shenzhen and Chengdu.  

Highlights  

The firm is traditionally committed to banking and finance, insurance, capital markets, securities and investment matters. It is experienced in sectors such as energy, mining, chemicals, steel, manufacturing, transport, infrastructure and public facilities.  

Global Law Office is an expert in the banking and finance sectors. Notable deals include representing the Export-Import Bank of China for a US$24 million oversea investment to an offshore subsidiary of China Gezhouba Group's project in Uzbekistan; advising the International Finance Corporation’s second-tranche lending to New China Water (Nanjing) Renewable Resources Investment; advising Standard Chartered Bank (Hong Kong) and DBS Bank as mandated lead arrangers in a secured loan facility to an international ship leasing company.  

Last year, the firm hired partners Yong Jia, Ping Yao and Chen Gu to strengthen its capability in banking and finance.  

Key clients  

Export-Import Bank of China, China Development Bank, China Construction Bank, Bank of China, China CITIC Bank International, Agricultural Bank of China, China Resources Microelectronics, New Frontier Group, Vivo Capital, Fosun Pharma, Warburg Pincus, and Goldman Sachs.  

Testimonials  

Private equity  

Understand the parties to the transaction, are familiar with the legal and regulatory requirements, and provide legal solutions for the client with the purpose of facilitating the transaction.” 

Amy Dai  

Close to the business, as a partner, still providing legal services on the front line. Timely feedback.” 

Stephen Yu 

Excellent legal support in equity investment.” 

SF Lawyers is a member of KPMG’s Global Legal Services network that has over 2700 legal professionals across 81 jurisdictions. The affiliated Hong Kong firm SF Lawyers has 10 lawyers and more recently launched in Shanghai with Shanghai SF Lawyers as the English registered name of the independent PRC firm Ruiwei Law Firm.

 

Focusses / specialisms 

The firm is focused on cross-border mergers and acquisitions and corporate and commercial legal services.

 

Key clients  

Key clients of the firm include Semiconductor Manufacturing International Corporation and Wangsu Science & Technology.

Tian Yuan Law Firm
12 practice areas
View full profile

Tian Yuan Law Firm is one of the law firms with the most profound history and culture in China. In the past over 30 years, we have kept pace with China’s economy. Our experience covers the main practice areas in China. We have undertaken a number of pioneering transactions as well as a series of projects and cases with considerable influence, which earned us a high reputation in the industry.

East & Concord Partners
8 practice areas
View full profile

East & Concord Partners was established in 2014 with the merger of East Associates Law Firm and Concord & Partners. It is one of the largest law firms in China with integrated management. East Associates Law Firm and Concord & Partners, established in 1993 and 1995 respectively, were two of the earliest established law firms in China, both exerting nationwide influence and enjoying high prestige. East & Concord, headquartered in Beijing, with offices in Shanghai, Shenzhen, Wuhan, Hangzhou, Chengdu, Nanjing, Xi’an, Guangzhou, Hong Kong, Vancouver and Tokyo. East & Concord has also designated the Dongcheng District office in Beijing as a platform as our digital legal service development center.

Docvit Law Firm
5 practice areas
View full profile

Established in 2003, DOCVIT Law Firm is one of the earliest brands in China to manage with a corporate-like structure. Its core competitiveness lies in its innovative corporate system, industry-oriented market, and cross-border development, aiming to become the top brand of a new generation of law firms in China.

DOCVIT positions itself in high-end legal services, proactive legal services, and strategic legal services. It adheres to the integration of modular legal services and industry-specific services, practicing a research-oriented law firm concept, specializing and deeply cultivating various industries to form a matrix-like, multi-faceted business structure.

In recent years, DOCVIT has expanded to various provincial capitals and key cities, establishing offices in Beijing, Shanghai, Shenzhen, Tianjin, Jinan, Taiyuan, Haikou, Wuhan, and Chengdu. Internationally, it has established footholds in Hong Kong, London, New York, and Singapore, forming a broad network across six major regions domestically and four major regions internationally.

Adhering to the philosophy of "Extreme Professionalism, Ultimate Service," DOCVIT has earned a good reputation among clients and the industry. It has been awarded titles such as "National Outstanding Law Firm," "Beijing Outstanding Law Firm," and "Chaoyang District Outstanding Law Firm." It has received accolades from Chambers for "Charity and Public Welfare: Outstanding Law Firm," ALB's "Top 10 Boutique Law Firms in Asia," and the ALB "Pioneering Law Firm of the Year" award. Moreover, it has been recognized for three consecutive years as ALB China's "Top 15 Fastest Growing Law Firms" and "Excellence in Law Firm of the Year" by China Business Law Journal. DOCVIT has frequently appeared in rankings by Chambers, ALB, The Legal 500, China Business Law Journal, Benchmark Litigation, IFLR1000, asialaw, LEGALBAND, and DAWKINS, among other domestic and international evaluation agencies.

As of 2024, DOCVIT has established a matrix-like, multi-faceted business structure combining "Professional + Industry" fields, encompassing 14 professional areas, 12 industry sectors, and 6 highlighted practice areas.

14 Professional Areas:
1. Corporate
2. Dispute Resolution
3. Competition and Antitrust
4. Securities and Capital Markets
5. Intellectual Property
6. Criminal
7. Administrative and Government Legal Counsel
8. Bankruptcy, Reorganization, and Liquidation
9. International
10. Compliance
11. Investment and M&A
12. Tax
13. Maritime and Admiralty
14. Marriage, Family, and Wealth Management

12 Industry Sectors:
1. Finance
2. Real Estate and Construction
3. Telecommunication, Technology, and Internet
4. Automotive and Advanced Manufacturing
5. Pharmaceuticals and Life Sciences
6. Private Equity and Fund
7. Media and Entertainment
8. Environment, Energy, and Resources
9. Transportation, Trade, and Supply Chain
10. Charitable Organizations and Social Enterprises
11. Retail and Fast-Moving Consumer Goods
12. Education

6 Key Practice Areas:
1. High-end Commercial Dispute Resolution
2. Financial and Capital Markets
3. Intellectual Property
4. Administrative and Government Legal Counsel
5. Real Estate and Construction
6. International Business

Merits & Tree
10 practice areas
View full profile

M&T is now a comprehensive law firm with 9 offices (Beijing, Shanghai, Shenzhen, Wuhan, Hangzhou, Qingdao, Chengdu, Haikou, and Hong Kong), and 600 lawyers and professionals, including 150 partners.

We strives to provide legal services for each stage during the cycle of investment (issue-end), transaction (asset-end) and exit (dispute-end). We address legal needs along the life chain of our corporate, financial and capital market clients (both domestic and foreign), serving from start-up, through growth, to maturity stages.

PacGate Law Group
2 practice areas
View full profile

PacGate Law Group is a boutique law firm that offers the highest-standard legal services with comprehensive capabilities. We are committed to providing all-around premium legal services for our clients, who consist mainly of business entities and institutional investors. Headquartered in Beijing and having a branch office in Shanghai, the firm consists of elite transactional attorneys and litigators, who are highly professional in their practice areas and enjoy outstanding recognition in the industry.

Zhong Lun Law Firm
13 practice areas
View full profile

Founded in 1993, Zhong Lun Law Firm is one of the first partnership law firms in the PRC. With effect from April 17, 2012, it has been restructured into a limited liability partnership in accordance with the law. After decades of rapid and steady growth, today Zhong Lun has established itself as one of the largest top-notch full-service law firms in China, including nearly 400 equity partners and more than 2,200 professionals working in seventeen offices in Beijing, Shanghai, Shenzhen, Guangzhou, Wuhan, Chengdu, Chongqing, Qingdao, Hangzhou, Nanjing, Haikou, Tokyo, Hong Kong, London, New York, Los Angeles, San Francisco, and Almaty. Our in-depth expertise and close inter-department collaborations enable us to provide clients with high-quality legal services in more than 60 jurisdictions across a wide range of industries and sectors.

Leaf Law Firm
6 practice areas
View full profile

Leaf is a corporate law firm specialized in operations in China, especially in M&A, Private Equity, Corporate, Data protection & cybersecurity, Distribution, Compliance and Intellectual property.

Our partners have worked with leading international law firms in Europe and in Asia. Our team includes talented Chinese and international corporate lawyers. We work as a bi-cultural team to provide efficient solutions that navigate complex legal environments around the world. 

Leaf’s experience allows its team to fully understand the legal implications of doing business in China. It is in a position to help evaluate risk level and propose pragmatic solutions

Jiayuan Law Firm View full profile
China
Chance Bridge Law Firm
8 practice areas
View full profile

Founded in 2011, Chance Bridge currently has four offices in Beijing, Shanghai, Shenzhen and Haikou, and there are nearly 100 professionals in Chance Bridge. Our main practice areas include capital markets, financial markets, corporate, international trade and compliance, intellectual property, competition/anti-trust, criminal law, dispute resolution and other related areas.

Our commitment and our ambition is to continue to provide our clients with top quality corporate, commercial and financial legal solutions in the most efficient and cost-effective manner possible.

Shihui Partners
11 practice areas
View full profile

SHIHUI PARTNERS is a comprehensive law firm with strong capabilities and a spirit of innovation. Headquartered in Beijing, SHIHUI has more than 300 legal professions based across our offices in Beijing, Shanghai, Shenzhen and Hongkong, expanding its presence across key regions in China.

SHIHUI serves plenty of well-known enterprises in various fields, committed to providing clients with high-quality legal services, including internet & telecommunications, life sciences, high-technology, entertainment & media, financial services, retail & luxury, automotive, manufacturing & industrial.

SHIHUI has demonstrated its value to both domestic and international clients, earning their trust and recognition.

SHIHUI has been widely recognized by authoritative rating agencies and prestigious legal media, such as Chambers and Partners, The Legal 500, Asia Legal Business (ALB), asialaw, Managing IP, IAM, IFLR1000, Benchmark Litigation, and China Business Law Journal (CBLJ), for its excellence and achievements.

Allen & Gledhill
1 practice area
View full profile

Allen & Gledhill is an award-winning full-service law firm which provides legal services to a wide range of premier clients, including local and multinational corporations and financial institutions in Asia. The Firm is consistently ranked as a market leader in Singapore for every major practice area, with many partners recognised as leaders in their respective fields. With offices in Singapore, Myanmar, Vietnam and China, as well as associate firms in Malaysia (Rahmat Lim & Partners) and Indonesia (AGI Legal), the Allen & Gledhill network known as A&G Asia has over 600 lawyers, making it one of the largest law firm networks in the region.

Kingland Partners
2 practice areas
View full profile

Kingland Partners is a pioneering dual-ownership law firm in China, combining a corporate structure with independent team-based operations. With a tightly integrated corporate framework at its core and independent partners and teams as its foundation, Kingland Partners embraces diversity, providing a platform for lawyers from various professional backgrounds to thrive. The firm promotes seamless collaboration across departments and fluid communication among team members, maximizing efficiency to deliver high-quality, cost-effective legal services to its clients.

Zhong Yin Law Firm
9 practice areas
View full profile
China
W&H Law Firm
4 practice areas
View full profile
China
Tahota Law Firm
14 practice areas
View full profile

Tahota has deeply explored and developed in many business fields, and Tahota is always on the cutting edge of legal service both in traditional business field and in the emerging business field.

Lantai Partners
5 practice areas
View full profile

Lantai Partners was founded in 2002 and is based in Beijing. After more than 20 years of development, Lantai has become a comprehensive professional law office with deep practice and industry-leading position in many lines of business. Lantai has set up 28 offices in China and established a business team of more than 1000 professionals, provides clients with high-quality legal services of "compliance for the expected results", and keeps exploring and optimizing its unique integrated management and operation mechanism, to the extent that the "high-quality" and "efficient" legal services are truly effectuated in every service link.

King & Wood
14 practice areas
View full profile

As an international law firm in the world able to provide Chinese, Hong Kong SAR, U.S., Canadian, and Japanese law capabilities, our presence and resources in the world’s most dynamic economies are profound. We open doors to global clients and unlock opportunities for them as they look to unleash the fullest potential of the Asian Century. Leveraging our exceptional legal expertise and depth of knowledge in the China market, we advise Chinese and overseas clients on a full range of domestic and cross-border transactions, providing comprehensive legal services.

AllBright Law Offices
12 practice areas
View full profile
AllBright Law Offices was founded in 1999 as a full-service law firm committed to providing highest standard quality services to clients.

Based in Shanghai, China, AllBright has established offices in Beijing, Hangzhou, Shenzhen, Suzhou, Nanjing, Chengdu, Chongqing, Taiyuan, Qingdao, Xiamen, Tianjin, Jinan, Hefei, Zhengzhou, Fuzhou, Nanchang, Xi’an, Guangzhou, Changchun, Wuhan, Urumqi, Haikou, Changsha, Kunming,Hong Kong SAR, London, Seattle, Singapore and Tokyo. In addition, we have established an association with a Hong Kong SAR law firm, Stevenson, Wong & Co. and a strategic cooperation with an international law firm, Bird & Bird LLP.

AllBright has always focus on upgrading and improving its legal professional services and continues to optimize its practice areas. Currently there are twenty professional practice committees, industry committees and business committees, i.e. Securities and Capital Markets, Banking and Finance, Corporate and M&A, Litigation and Arbitration, Real Estate and Construction, Intellectual Property, International Trade, Cross-Border Investment, Maritime, Bankruptcy Liquidation and Reorganization, Criminal, Tax Law, Labor and Social Security, Marriage, Family Affairs and Private Wealth Management, Internet and Information Technology, Healthcare and Pharmaceuticals, Energy, Natural Resources and Environmental Protection, Consumption and Retail, State owned Enterprises, Automobile and Equipment Manufacturing Industry.
AnJie Broad Law Firm
8 practice areas
View full profile

AnJie Broad is a full-service law firm with a wide range of practice areas. We are committed to delivering high-quality bespoke legal solutions to clients.

AnJie Broad has extensive experience serving clients in practice areas such as Capital Market & Securities, Antitrust & Competition, Private Equity & Venture Capital, Intellectual Property, Dispute Resolution, Labor & Employment, Cross-border Investment & Acquisition, Insurance & Reinsurance, Maritime & Shipping, Banking & Finance, Energy, International Trade, Technology Media & Telecommunications, Life Sciences & Healthcare, Private Wealth Management, Real Estate & Construction, Hotels Resorts & Tourism and Media, Game and Entertainment & Sports.

We have won multiple awards in most of the above areas, so you can rest assured that your business will be left in safe hands should you engage us.

AnJie Broad was founded by a group of senior attorneys from different practice areas, and all of its key partners are graduates of the most prestigious law schools in China and overseas, with abundant work experience from leading international law firms.

695 results695 results
1
of
35
Deal Highlights
4,240 results4,240 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
West Coast Expressway Sdn Bhd - Bond Issue
2021-04-01
Adnan Sundra & Low
China (National)
Bond issue
West Coast Expressway Sdn Bhd
Issuer
Qingdao West Coast Development Group Co - Bond Issue
2021-06-01
Adnan Sundra & Low
China (National)
Bond issue
Qingdao West Coast Development Group Co
Issuer
Xuchang General Investment Co - Bond Issue
2021-09-01
AllBright Law Offices
China (National)
Bond issue
China Zheshang Bank Co Ltd, China International Capital Corp, CISI Financial, CSC Financial Co Ltd, Haitong Securities Co Ltd
Underwriter
CMB International Capital Ltd - Bond Issue
2021-01-01
AllBright Law Offices
China (National)
Bond issue
CMB International Capital Ltd
Issuer
Jingdezhen Urban Construction & Development Investment Co Ltd - Bond Issue
2021-03-01
AllBright Law Offices
China (National)
Bond issue
Jingdezhen Urban Construction & Development Investment Co Ltd
Issuer
Lianfa Group Co - Bond Issue
2021-09-01
AllBright Law Offices
China (National)
Bond issue
Lianfa Group Co
Issuer
Xuchang General Investment Co - Bond Issue
2021-06-01
AllBright Law Offices
China (National)
Bond issue
Central Wealth Securities Investment Ltd, Huatai Securities Co Ltd, CNCB (Hong Kong) Capital Ltd, China Securities Co Ltd, Guotai Junan Capital, China International Capital Corp, Hua Xia Bank Co Ltd, Soochow Securities Co Ltd
Underwriter
Xuchang General Investment Co - Bond Issue
2021-07-01
AllBright Law Offices
China (National)
Bond issue
Central China International Capital Ltd, Soochow Securities Co Ltd, CNCB (Hong Kong) Capital Ltd, Central Wealth Securities Investment Ltd, CSC Financial Co Ltd, Hua Xia Bank Co Ltd, Guotai Junan Capital, Huatai Securities Co Ltd
Underwriter
Guojin Securities Co Ltd - Bond Issue
2021-01-01
AllBright Law Offices
China (National)
Bond issue
Guojin Securities Co Ltd
Issuer
Jinke Property Group Co Ltd - Bond Issue
2021-05-01
AllBright Law Offices
China (National)
Bond issue
Jinke Property Group Co Ltd
Issuer
Jiangxi Provincial Communications Investment Group Co Ltd - Bond Issue
2021-03-01
AllBright Law Offices
China (National)
Bond issue
Jiangxi Provincial Communications Investment Group Co Ltd
Issuer
Guoren Property & Casualty Insurance Co Ltd - Bond Issue
2021-05-01
AllBright Law Offices
China (National)
Bond issue
Haitong Securities Co Ltd, Guosen Securities Co Ltd, China Merchants Bank, Bank of China, Hua Xia Bank Co Ltd, China International Capital Corp, ICBC, Bank of America Merrill Lynch, Shanghai Pudong Development (Group) Co Ltd, Bank of Communications, CMB International Capital Ltd, BOSC International Co Ltd, CNCB (Hong Kong) Capital Ltd, China Securities Co Ltd, Standard Chartered Bank
Underwriter
Guoren Property And Casualty Insurance Co Ltd - Bond Issue
2021-06-01
AllBright Law Offices
China (National)
Bond issue
Bank of Communications, Bank of America Merrill Lynch, CSC Financial Co Ltd, Agricultural Bank of China, Haitong Securities Co Ltd, Bank of China, ICBC, CNCB (Hong Kong) Capital Ltd, Shanghai Pudong Development (Group) Co Ltd, Guosen Securities Co Ltd, Central China International Capital Ltd, Hua Xia Bank Co Ltd, China Merchants Bank, Standard Chartered Bank
Underwriter
Jiangsu Wuzhong Economic & Technological Development Corp - Bond Issue
2021-04-01
AllBright Law Offices
China (National)
Bond issue
Jiangsu Wuzhong Economic & Technological Development Corp
Issuer
Shenergy Group Co Ltd - Bond Issue
2021-02-01
AllBright Law Offices
China (National)
Bond issue
Shenergy Group Co Ltd
Issuer
Haitong Securities Co Ltd - Bond Issue
2021-01-01
AllBright Law Offices
China (National)
Bond issue
Haitong Securities Co Ltd
Issuer
Wuhan Trade State-Owned Holdings Group Co - Bond Issue
2021-04-01
AllBright Law Offices
China (National)
Bond issue
Wuhan Trade State-Owned Holdings Group Co
Issuer
Jiangxi Provincial Communications Investment Group Co Ltd - Bond Issue
2021-01-01
AllBright Law Offices
China (National)
Bond issue
Jiangxi Provincial Communications Investment Group Co Ltd
Issuer
Xiamen Jinyuan Investment Group Co - Bond Issue
2021-03-01
AllBright Law Offices
China (National)
Bond issue
Xiamen Jinyuan Investment Group Co
Issuer
Jiangsu Shagang Group Co - Bond Issue
2021-05-01
AllBright Law Offices
China (National)
Bond issue
Jiangsu Shagang Group Co
Issuer
1
of
212
By Firm
488 results488 results
Firm Name Jurisdiction Total Deals Deals (Last 12 Months)
A&O Shearman
China (National)
30
0
A&O Shearman - China
China (National)
15
0
Adnan Sundra & Low
Malaysia
4
0
AllBright Law Offices
China (National)
37
0
Allens
China (National)
1
0
AnJie Broad Law Firm
China (National)
3
0
AnJie Broad Law Firm - Global (ARCHIVED)
China (National)
4
0
Anli Partners
China (National)
1
0
Appleby
1
0
Arendt & Medernach
Luxembourg
1
0
Arthur Cox
Ireland
1
0
Ashurst Perkins Coie
China (National)
3
0
Baijus Law Firm
China (National)
3
0
Bainian Yinghao Law Firm
China (National)
1
0
Bairui Law Firm
China (National)
1
0
Baker McKenzie
China (National)
4
0
Baoying Law Firm
China (National)
1
0
Becker & Poliakoff
United States (National)
1
0
Bihai Law Firm
China (National)
1
0
Bihong Law Firm
China (National)
2
0
1
of
25
Domestic firms dominate Tier 1, while no foreign firms have been promoted to the highest ranking
Exclusive IFLR data points to a sharp expectation-delivery disconnect on tech, but firms say they are ramping up AI adoption behind the scenes
Three banking and finance and dispute resolution partners join the firm following landmark split from Mallesons
Partners at Hogan Lovells Hong Kong, Allen & Gledhill Singapore, and Baker McKenzie Japan share insights on the 2026 outlook for private credit market in the APAC region
Ester Chow, partner in the firm’s financial markets group in Hong Kong, discusses fragmented APAC markets, private capital inflows and advising across borders
The Financial Reporting Council is consulting on temporary audit rule changes to attract Chinese listings on the LSE, in a bid to support the UK government’s economic growth plan
Sherlyn Lau has brought a team of 12 to the firm’s Hong Kong office after spending nearly two decades at Sidley
Partners at Deacons, Cheang & Ariff, and AZB & Partners discuss the 2026 equity capital markets outlook in Hong Kong, Malaysia, and India
Sponsored

Sponsored