Tag: Hong Kong
Linklaters, NKF assist on Hong Kong’s first tokenised notes
Linklaters and Niederer Kraft Frey (NKF) advised Bank of China International (BOCI) on launching the first digital structured notes based on public blockchain in Hong Kong valued at USD27.7 million
AllBright initiates local practice in Hong Kong
AllBright Law Offices has been given approval from the Law Society of Hong Kong to establish a local practice in the firm’s second overseas office to open this year, with its Tokyo branch having started operations in March
Han Kun lands in Singapore, opening first office outside China
Han Kun Law Offices has set up in Singapore, the firm’s first branch outside China and the second overseas premises after its Hong Kong arm qualified to practice in November last year
Withers lawyer in Hong Kong moves to Charles Russell
After 15 years working at Withersworldwide as a senior associate, Hong Kong-based family lawyer Vanessa Duff joins Charles Russell Speechlys as a partner
New travel scheme opens Hong Kong, Macau to GBA talent
Anew travel endorsement pilot scheme permits mainland talent in the Greater Bay Area (GBA) to travel to Hong Kong and Macau for multiple-entry exchanges and visits
DLA Piper appoints APAC restructuring head Naomi Moore
DLA Piper has hired Naomi Moore, who joined from Akin Gump’s Hong Kong office, as partner and head of APAC restructuring
Baker McKenzie hires Hong Kong capital markets partner
Baker McKenzie has bolstered its capital markets practice in Hong Kong with the addition of partner Chen Sheng, who previously practised at Clifford Chance
HSF relocates Tokyo partner to head new arbitration hub
Supporting the Asia-Pacific arbitration practice, Herbert Smith Freehills launches an Australian arbitration hub in Melbourne led by partners James Allsop and Chad Catterwell
AnJie Broad sets up Hong Kong branch with firm partner
AnJie Broad Law Firm has set up its first overseas branch in Hong Kong to break into the international market
White & Case disputes head Melody Chan moves to Allen & Overy
White & Case’s head of greater China dispute resolution practice, Melody Chan, has left the firm to join Allen & Overy as a partner in Hong Kong
HK passes bill for reciprocal enforcement of mainland judgments
Hong Kong’s Legislative Council (Legco) passed the long overdue Mainland Judgments in Civil and Commercial Matters (Reciprocal Enforcement) Bill on 26 October 2022
Han Kun associate law firm merges with Hong Kong branch
Miao & Co, an associate law firm with Han Kun Law Offices, has merged with Han Kun’s Hong Kong branch
Leading ESG lawyer joins Ben McQuhae & Co in London
Hong Kong boutique law firm Ben McQuhae & Co has strengthened its environmental, social and governance (ESG) advisory practice with the appointment of Paul Watchman.
China sets up HK office to prepare for International Mediation Centre
China will set up an office in Hong Kong next year to prepare for the establishment of an International Mediation Centre, which will conduct negotiations on international conventions among various countries
Linklaters assists Thai power company in Taiwan wind farm investment
Linklaters advised Thai utility provider GPSC in acquiring a 25% stake in the Changfang and Xidao offshore wind farm in Taiwan from local shareholders, Copenhagen Infrastructure Partners, for a USD500 million investment
Tims China merges with Silver Crest to debut on Nasdaq
Tims China started to sell its shares on the Nasdaq after closing a merger with blank cheque company Silver Crest Acquisition Corp and at the same time received nearly USD200 million of additional financing
Former SFC executive director in HK joins Kirkland & Ellis as partner
Brian Ho, the former executive director of corporate finance at Hong Kong’s Securities and Futures Commission (SFC), has joined Kirkland & Ellis’ transactional group as a partner
Malaysia’s top 100 lawyers 2022
Following an extensive nomination process, Asia Business Law Journal unveils its top performers of the country’s legal profession
Reed Smith adds arbitration partner in Hong Kong
To strengthen its litigation team and international arbitration practice, Reed Smith has hired Matthew Townsend as a partner in Hong Kong
Arbitration specialist bolsters Loeb & Loeb in Hong Kong
International arbitration lawyer Terence Wong has joined Loeb & Loeb as a partner in the firm’s litigation department in Hong Kong
HK court backs established means for protecting cryptos
A recent Hong Kong judgment confirms that familiar legal principles of trusts and injunctions apply equally to cryptocurrency as a novel asset class
Trio in Fullerton Healthcare’s high-profile merger
Singapore-headquartered healthcare service provider Fullerton Healthcare has completed a merger led by Hong Kong-headquartered private equity firm RRJ Capital with an equity injection and a senior loan totalling SGD390 million (USD283 million)
White & Case, Bedell Cristin team up in Gopher investment
Hong Kong-based Gopher Investments has acquired London-headquartered fintech company Finalto, the financial trading division of online gambling software supplier Playtech, for USD250 million
Mayer Brown brings back restructuring lawyer to Hong Kong
Restructuring lawyer Ben McCosker has joined Mayer Brown as counsel in Hong Kong
Japan’s top 100 lawyers 2022
Following an extensive nomination process, Asia Business Law Journal unveils the top performers of Japan’s legal profession
PE specialist joins Goodwin in Hong Kong
Private equity expert Daniel Dusek has joined Goodwin in Hong Kong as a partner in its global private equity practice after spending six years with Kirkland & Ellis’ office in the city as a partner
Will SBLCs pave new financing route for property companies?
Three significant offshore bonds with a combined value of USD700 million issued under standby letters of credit (SBLC) this year caught people’s attention
Hong Kong’s Baker in London residential tower tokenisation
Baker McKenzie’s Hong Kong team advised UK-based property developer Knight Dragon and its subsidiary KD Tokens to raise GBP140 million (USD171.4 million) via tokenisation
JunHe steers Publicis’ acquisition to power up digital business
JunHe advised the largest French communications giant Publicis Groupe on its China branch’s acquisition of a digital product consultancy Wiredcraft
Mega Genomics raises HKD215.3m on debut
China’s largest consumer genetic testing platform Mega Genomics raised HKD215.3 million (USD27.6 million) from its IPO on the HKEX
Departing IT staff getting tied up with non-compete clauses
With many IT employees offered huge salary hikes and perks from competing firms amid soaring global demand for IT services
Business law digest
The Hong Kong Monetary Authority announced the Mandatory Reference Checking Scheme and its implementing guidelines, which aim to tackle the “rolling bad apples” problem, a term referring to people who commit misconduct at a financial institution but can get a new job without disclosing it
HKEX gong chimes as GoGoX goes public
China’s third largest online logistics platform has debuted on the Hong Kong bourse – a move that summoned the strike of the gong back to the trading floor
Deacons and Maples in Yoho HK listing
The IPO raised HKD115 million with Deacons advising Yoho Group in relation to the listing with Maples Group providing Cayman Islands counsel
Watching the watchers
New roles of intermediaries place them under the microscope of capital market regulation
HK sees landmark catastrophe bond
King & Wood Mallesons acted as Hong Kong counsel with Cadwalader, Wickersham & Taft providing international counsel on the city’s first 144A catastrophe bond and only its second insurance-linked securities (ILS)
Dimsey and Ng in new roles at HKIAC
CMS partner Mariel Dimsey will take up the post of secretary-general at the Hong Kong International Arbitration Centre in August while Eric Ng, who currently serves as HKIAC’s managing counsel, is being promoted to deputy secretary-general
Fund lawyer moves to Clifford Chance
Clifford Chance has strengthened its global funds and investment management team with the hire of Xing Liyong as a partner in Hong Kong
Vision Deal gets nod as HK’s second SPAC listing
The HKEX listing of Vision Deal, a special purpose acquisition company backed by former Alibaba CEO David Wei, saw three firms advising in the HKD1 billion (USD127 million) transaction
HKIAC: Changes at the top
Having served as the secretary-general of the Hong Kong International Arbitration Centre (HKIAC) since 2016, Sarah Grimmer will be stepping down in August to be succeeded by Mariel Dimsey
Laura Cha re-elected as HKEX chair
Laura Cha Shih May-lung will continue her role as HKEX chair for two more years after being re-elected to the post she has held since 2018
Slaughter and May in HK’s new MTR line
Slaughter and May advised Hong Kong’s MTR Corporation on the USD10 billion Sha Tin-Central Link, the largest infrastructure investment in Hong Kong
Haiwen hires energy specialist
Su Hao has joined the Haiwan & Partners in the firm’s Beijing and Hong Kong offices as a partner
HKIAC’s appointments chair pushes for expanding talent pool
Welcoming Hong Kong's proposals to reform the arbitration fee structure Yang Ing Loong, a council member of the HKIAC and chair of its appointments committee, suggested the next step should be to “enlarge the pool of qualified arbitrators”
HK Justice Secretary: arbitration fee shake-up a win-win
The Hong Kong SAR Government has submitted an amendment bill to the Legislative Council to propose three new fee agreements to allow lawyers to charge arbitration cases by the principles of "no win, no fee" and "no win, low fee"
What does it take to be a top lawyer?
Our A-List lawyers share strategies for success
In-house Counsel Awards revealed
After months of intensive surveys, we reveal the winners of our In-house Counsel Awards 2021-22
Diagnostic provider Yunkang goes public in HK
The fifth-largest market player in China’s medical operation services sector has been listed on the HKEX
V&T makes another Greater Bay play
V&T Law Firm has furthered its commitment to the Greater Bay Area by setting up a joint-operation office with Hong Kong-based CW Chan & Co
Litigator moves to Eric Chow & Co
Hong Kong law firm Eric Chow & Co in Association with Commerce & Finance Law Offices, has bolstered its litigation practice by adding Christy Leung as a partner
The art of bridge-building
Hang Dongxia, board secretary at Huarui Bank, shares her strategies for working with external lawyers
Towards the light
Easing of regulations on offshore listing brings hope for an end to a long-running Sino-US dispute
DWF and Hauzen agree to affiliate
DWF has secured an affiliation agreement with Hauzen, a Hong Kong law firm specialising in financial services regulation, contentious insurance, complex commercial problems and arbitration
Hong Kong and Singapore in lockstep for regtech adoption
Hong Kong Monetary Authority (HKMA) has launched Regtech Knowledge Hub to heighten awareness of regulatory compliance in fintech-related fields and encourage the sharing of expertise
Addleshaw to close Hong Kong office
Addleshaw Goddard has announced the closure of its Hong Kong office when the current lease expires in September
HSF sets construction disputes hub in Kuala Lumpur
Herbert Smith Freehills has opened a construction and infrastructure disputes hub in Kuala Lumpur
NIO plugs into Singapore Exchange
Chinese electric carmaker NIO debuted on Singapore Exchange by way of introduction without raising funds to become a triple-listed company in Singapore, the US and Hong Kong
In her words
Senior women lawyers across Asia describe their journeys to success and share words of wisdom for aspiring juniors in the profession. Vandana Chatlani reports
Banking lawyer joins DLA Piper in Hong Kong
DLA Piper has strengthened its finance, projects and restructuring practice in Hong Kong with the hiring of banking and finance lawyer Crystal Chen as a partner
Deal highlights
Aquila Acquisition Corporation became the first special purpose acquisition company (SPAC) to list in Hong Kong
JunHe recruits data protection specialist
JunHe’s Shanghai office has added Lu Sipei as a partner specialising in data compliance, cybersecurity, M&A, and domestic and overseas investment
NIO plugs into HKEX without fundraising
Electric vehicle manufacturer NIO successfully listed on the main board of the HKEX by way of introduction with shares beginning trading on March 10
Compliance issues for HK-listed companies in financial difficulties
Under the Hong Kong regulatory framework, listed companies should focus on the following aspects of compliance.
Freshfields adds capital markets partner in HK
Freshfields Bruckhaus Deringer has hired Howie Farn as a partner in its global transactions group in Hong Kong. Farn joined from Kirkland & Ellis where he was a capital markets partner focusing on US securities transactions
Markets expert joins Baker in HK
Baker McKenzie has added senior capital markets specialist Thomas Tarala as partner to commit its strategic development for SPAC listing regimes in Hong Kong bond markets and ESG (environmental, social and governance) investments
Project dispute specialist moves to Clifford Chance
Clifford Chance hired major projects and contentious construction specialist Spencer Flay as a partner in its litigation and dispute resolution practice in Perth
Funds lawyer and litigator join Carey Olsen in Singapore
Carey Olsen’s Singapore office has added investment funds specialist Tom Katsaros to its investment funds offering as a consultant, and experienced litigator Helen Wang to its litigation, insolvency and restructuring practice as a counsel
Squire assists Seaspan in innovative structured financings
Squire Patton Boggs has advised independent containerships owner Seaspan Corporation on securing two separate export credit agency (ECA)-backed Japanese Operating Lease with Call Options (JOLCOs) totalling USD838 million and USD1.4 billion
Ropes & Gray’s new Hong Kong leader sets priorities
Ropes & Gray has appointed asset management lawyer Vincent Ip as the managing partner of the firm’s Hong Kong office to succeed Dan Anderson who had been the office managing partner for five years
ACC HK opens door on pro bono policy
The Association of Corporate Counsel Hong Kong (ACC HK) conducted a webinar on 24 March on the current opportunities for in-house counsel to do pro bono work and the issues they need to consider before starting
How will PIPL impact corporate compliance probes?
To further fulfil the commitment to protect personal information, mainland China promulgated the new Personal Information Protection Law (PIPL)
Han Kun sets up Haikou office
Han Kun Law Offices has opened a branch in Haikou, its fifth after Beijing, Shanghai, Shenzhen and Hong Kong
Lawyer back to Shearman
Shearman & Sterling has re-hired Wanda Woo as a capital markets partner in Hong Kong
Needs of the many
With a state-led "common prosperity" philanthropy campaign well underway, what options do private enterprises have? Jasmine Wen reports