Capital Markets: Securitisation & Derivatives (PRC Firms)

FenXun Partners maintains its top-tier position after continued recognition from peers and clients alike for its broad scope of capabilities. The firm is an authority in the securitisation market, especially for the securitisation of corporate assets. The firm has experience working with a variety of underlying assets, such as lease receivables, small loans and credit rights of non-performing assets. The team is involved in a number of complex supply chain asset securitisations. It is regularly mandated on REITs and ABS matters and is also revered for its expertise in ABN projects. Its client roster includes asset management and securities companies, and the team is also highlighted for innovative securitisation work for technology companies. Its clients benefit from the firm's partnership with Baker McKenzie and the access to global resources that it provides. The firm includes JD.com, BMW and CITIC Securities among its key clients.

"FenXun provided very professional services with a solid understanding of the China onshore ABS market."

"The team is one of the leading teams of lawyers in the asset securitisation market."

FenXun Partners provided legal services for Mercedes-Benz Auto Finance on the issuance of Silver Arrow China 2022-2 asset-backed securities.

Yang Guangshui principally handles supply chain asset-backed securitisation matters and is particularly active on REITs mandates. He is also a capable practitioner when it comes to equity issuances as well as mergers, acquisitions and corporate restructurings. "Yang Guangshui's strengths are his positive service attitude, timely and high-quality feedback, as well as his strong creative and active thinking." "He has a strong sense of professional service and high feedback efficiency."

奋迅律师事务所持得同行和客户对其广泛业务能力的续获认可，在市场中保持其最高级别的位置。该团队是证券化市场的权威，尤其是对于企业资产证券化事宜。该律所在处理各种的基础资产上具有经验，例如租赁应收款、小额贷款和不良资产的信用权。该团队参与多项复杂的供应链资产证券化。律所定期接受房地产投资信托和资产支持信托事务的业务委托，并因其在资产支持票据项目方面的专业知识而受到尊敬。其客户名单包括资产管理和证券公司， 市场还强调该团队为互联网公司处理创新型的证券化工作。客户得益于其和贝克·麦坚时的联合，因而能够获得后者提供的全球资源。奋迅的关键客户包括京东、宝马和中信证券。

“奋迅提供了非常专业的服务，对中国在岸资产证券化市场有着深入的了解。”

“该团队是资产证券化市场领先的律师团队之一。”

奋迅律师事务所为梅赛德斯-奔驰汽车金融有限公司发行速利银丰中国2022年第二期个人汽车抵押贷款资产支持证券提供法律服务。

杨广水律师主要处理供应链资产证券化事宜，并且也活跃于房地产投资信托业务。他也是一位在股权发行以及合并、收购和企业重组等方面有能力的律师。 “杨广水律师优势是服务态度积极，反馈及时且反馈的内容质量很高，此外还具有较强的创造力，思维比较活跃。” “他专业服务意识强且反馈效率高。”