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Rankings published in 2027
Capital markets : Equity
Tier 3
31 firms ranked
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Investment funds
Tier 2
27 firms ranked
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M&A
Tier 3
44 firms ranked
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Private equity
Tier 3
30 firms ranked
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Restructuring and insolvency
Tier 4
32 firms ranked
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Linked Reviews
Financial and corporate

DaHui Lawyers is a boutique law firm based in Beijing.

Focusses / specialisms    

The firm services private equity and venture capital investors to include hedge funds and other investors forming and investing in funds.

Key clients   

Key clients include China International Capital Corporation, Credit Suisse, Goldman Sachs, JPMorgan, Yinxiang Biji, Hewlett Packard Enterprise and Alibaba.

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

The firm performed well in capital markets in 2021. They worked—mainly as lead counsel—on several (de-)SPAC deals as well as some IPOs and numerous pre-IPO private placements and share transfers.

In 2020, the firm assisted on over a dozen matters centred around funds—not counting many private equity or venture capital investments that just involved funds—and the total value involved was over $1 billion. Highlighted cases include Tiger Brokers’ various confidential transactions, Lenovo’s investment in Cyclone, and Xiaomi’s investment in a Chinese company. Although most of its cases are confidential, the legal issues and solutions involved have shown the professionalism of the firm.

Last year, the firm hired Lucy Lu from Morrison & Foerster. She focuses on cross-border investment and M&A. In 2021, the firm added Zhao Pei, a funds specialist, from Shearman & Sterling.

Deal highlights

All highlight cases the firm submitted are confidential.

8 results8 results
Deal Highlights
22 results22 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Sequoia CBC Cross-Border Digital Industry Fund - Joint venture
2021-02-25
DaHui Lawyers
China (National)
Joint venture
Richard Ma, Jacky Zhu
Sequoia CBC Cross-Border Digital Industry Fund
Joint venture partner
Tencent Holdings Ltd - Financing
DaHui Lawyers
China (National)
Financing
Julia Dai
Tencent Holdings Ltd
Investor
Saudi Aramco Energy Ventures - Financing
2022-05-21
DaHui Lawyers
China (National)
Financing
Julia Dai
Saudi Aramco Energy Ventures
Investor
Mirana Tech - Financing
2022-01-22
DaHui Lawyers
China (National)
Financing
Cloud Li
Mirana Tech
Investor
Oriza - Fund formation
DaHui Lawyers
China (National)
Fund formation
Zheng Zha, Cloud Li, Yingyuan Xue
Oriza
Fund manager
Hidden Hill Capital - Fund formation
DaHui Lawyers
China (National)
Fund formation
Cloud Li, Julia Dai
Hidden Hill Capital
Fund manager
Hangzhou Donghan Paifu Investment Management Co - Fund formation
2022-08-21
DaHui Lawyers
China (National)
Fund formation
Jie Tong, Cloud Li
Hangzhou Donghan Paifu Investment Management Co
Fund manager
CICC - Fund raising
2022-12-22
DaHui Lawyers
China (National)
Fund raising
Jie Tong, Cloud Li
CICC
Fund manager
Yellow River Ltd - IPO
DaHui Lawyers
China (National)
IPO
Richard Ma, Cloud Li, Gary Li
Yellow River Ltd
Issuer
Ideanomics - Joint venture
2022-08-21
DaHui Lawyers
China (National)
Joint venture
Richard Ma, Joanna Jiang
Ideanomics
Joint venture partner
Prenetics Ltd - M&A
DaHui Lawyers
China (National)
M&A
Julia Dai
Prenetics Ltd
Merger party
Prenetics Ltd - IPO
DaHui Lawyers
China (National)
IPO
Julia Dai
Prenetics Ltd
Issuer
FBA Capital Management LLC - M&A
2022-08-21
DaHui Lawyers
China (National)
M&A
Richard Ma, Gary Li
FBA Capital Management LLC
Acquirer
Yellow River - IPO
DaHui Lawyers
China (National)
IPO
Richard Ma, Cloud Li, Gary Li
Yellow River
Issuer
Comcast - Restructuring
DaHui Lawyers
China (National)
Restructuring
Richard Ma Joanna Jiang, Gary Li
Comcast
Investor
Xiaomi - M&A
2021-03-01
DaHui Lawyers
China (National)
M&A
Zheng Zha, Gary Li
Xiaomi
Investor
FBA Capital Management LLC - M&A
DaHui Lawyers
China (National)
M&A
Richard Ma, Gary Li
FBA Capital Management LLC
Acquirer
Ideanomics Inc - Secondary share offering
2022-01-01
DaHui Lawyers
China (National)
Secondary share offering
Richard Ma, Joanna Jiang
Ideanomics Inc
Issuer
Tencent Holdings Ltd - Derivatives
2022-02-24
DaHui Lawyers
China (National)
Derivatives
Julia Dai
Tencent Holdings Ltd
Hedging party
JHD/Yellow River - M&A
2022-02-24
DaHui Lawyers
China (National)
M&A
Richard Ma, Cloud Li, Gary Li
JHD/Yellow River
Merger party
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IFLR1000
PRC firm develops regional capacity with the addition of two new partners
IFLR1000
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IFLR1000
Shortlists for deals, firms, individuals and teams of the year available to view online
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