China (National)

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.