Department profile
Ashurst Perkins Coie – London, New York, Seattle, Sydney

Capital Markets: Derivatives & Structured Products (International Firms)

Greater China Region Guide 2026 : China


Ashurst Perkins Coie – London, New York, Seattle, Sydney

Rankings

Chambers Review

Provided by Chambers

Capital Markets: Derivatives & Structured Products (International Firms) - China

Band 2

Band 2


What the Team is Known For

Ashurst boasts a solid structured finance and derivatives team which advises on OTC derivatives and CLNs among other products across the Asia-Pacific region, regularly drawing on the strengths of its regional offices to offer clients solutions to cross-border issues. Its expertise spans synthetic note issuances, mini-future warrants, total return swaps and credit default swaps. The team is well versed in assisting with large scale repackaging programmes and frequently acts on behalf of international banks and Chinese asset management companies.

Strengths

Provided by Chambers

  • The team excels at understanding client needs, offering a deep understanding of the market, as well as the thought processes and key considerations of clients when structuring.

    Capital Markets: Derivatives & Structured Products (International Firms) respondentGreater China Region
  • They are particularly helpful in that they're very knowledgeable and experienced in the PRC market and know the market standards.

    Capital Markets: Derivatives & Structured Products (International Firms) respondentGreater China Region
  • They have a deep understanding of market practices, offering tailored advice on risk mitigation and enforceability issues. They combine strong technical expertise with commercial pragmatism.

    Capital Markets: Derivatives & Structured Products (International Firms) respondentGreater China Region

Notable Practitioners

Provided by Chambers

  • Band 2Patrick Phua
    Band 2Patrick Phua

    Patrick Phua

    Patrick Phua leads Ashurst's PRC structured finance, derivatives and regulatory practice, splitting his time between the firm's Hong Kong and Beijing offices. He advises clients on the setting up of equity and fund derivatives platforms and OTC commodity derivatives clearing houses, as well as advising more broadly on structured products and total return swaps.
    • He delivers quality advice with technical precision and practical judgement. He is highly responsive, collaborative and has a clear understanding of both legal complexities and commercial priorities.

      Capital Markets: Derivatives & Structured Products (International Firms) respondentGreater China Region
    • His understanding of the China PRC market and Asia more broadly is very strong. It's very practical advice.

      Capital Markets: Derivatives & Structured Products (International Firms) respondentGreater China Region
  • Band 3Jonathan Chapman
    Band 3Jonathan Chapman

    Jonathan Chapman

    Jonathan Chapman remains a solid adviser on matters relating to cross-border structured products. His clientele include global investment banks, investment managers and financial institutions.
    • Jonathan is insightful and has a keen commercial eye. He sees through all the fog and gets to the nub of the issue quickly. He's highly sought after.

      Capital Markets: Derivatives & Structured Products (International Firms) respondentGreater China Region

Ranked Individuals at Ashurst Perkins Coie – London, New York, Seattle, Sydney (2)

China

  • Profile image of Patrick Phua

    Patrick Phua

    Capital Markets: Derivatives & Structured Products (International Firms)

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  • Profile image of Jonathan Chapman

    Jonathan Chapman

    Capital Markets: Derivatives & Structured Products (International Firms)

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Ashurst Perkins Coie – London, New York, Seattle, Sydney has rankings in the following guides

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