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Freshfields

Capital Markets: Debt (International Firms)

Global Guide 2026 : China

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Freshfields

Rankings

About

Provided by Freshfields

Please visit the Freshfields website for more details about our work in these categories:

Debt: http://www.freshfields.com/en-gb/what-we-do/services/financing-and-capital-markets/debt-capital-markets/

Equity: Please visit the Freshfields website for more details about our work in this category: http://www.freshfields.com/en-gb/what-we-do/services/corporate-and-ma/equity-capital-markets/

Chambers Review

Provided by Chambers

Capital Markets: Debt (International Firms) - China

Band 3

What the Team is Known For

Freshfields maintains its reputation as a stellar ECM practice, handling some of the largest and most complex deals in the market from its Hong Kong office. The team is respected for advising both Chinese and foreign issuers and bookrunners on IPOs, H-share spin-off listings and block trades. It is also skilled on the DCM front, acting for issuers and underwriters on both US dollar and renminbi-denominated offerings. The team is also active on a range of sizeable work under medium-term note programmes, as well as on convertible and green bond issuances. It handles transactions relating to the transport, pharmaceutical and healthcare industries.

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Work Highlights

Provided by Chambers

  • Freshfields advised the joint sponsors and the underwriters on the approximately USD4.6 billion global offering and listing of H shares of Midea Group on the Hong Kong Stock Exchange.

  • Freshfields advised Zijin Mining Group on the issuance of USD2 billion 1% guaranteed convertible bonds due 2029 by Gold Pole Capital, a wholly owned subsidiary of Zijin Mining Group, and unconditionally and irrevocably guaranteed by Zijin Mining Group.

Strengths

Provided by Chambers

  • Freshfields is capable of handling complicated deals and always provides creative and practical advice.

    Capital Markets: Debt (International Firms) respondentGlobal

  • They can respond to the needs and questions raised by clients in a timely manner, making clients feel at ease. Their professional quality can be guaranteed and the quality of the documents is high.

    Capital Markets: Debt (International Firms) respondentGlobal

  • The Freshfields team is professional and experienced and provides high quality services to its customers. As a leading firm, it provides a global view and solutions.

    Capital Markets: Debt (International Firms) respondentGlobal

Notable Practitioners

Provided by Chambers

  • Grace Huang
    Grace Huang

    Grace Huang

    Grace Huang co-heads Freshfields' global capital markets group and is a widely respected specialist adviser on all manner of equity capital markets transactions.

    • She'll never give you wrong advice. It is always technically well-founded and commercial. She gives solutions to novel issues. It's rare to see a partner with her work ethic who is that hands-on.

      Capital Markets: Debt (International Firms) respondentGlobal

    • She's a very savvy and commercially-oriented lawyer with good relationships with HKEX officers.

      Capital Markets: Debt (International Firms) respondentGlobal

    • Grace is one of the most experienced capital markets lawyers in the Hong Kong IPO market. She's always responsive and offers practical solutions.

      Capital Markets: Debt (International Firms) respondentGlobal
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  • Bing Guan
    Bing Guan

    Bing Guan

    Guan Bing leads Freshfields' China DCM practice and is well regarded by Chinese SOEs and corporates for assisting them with debt issuances and raising funds.

    • When our team freaks out over a regulation, Guan’s on the phone in minutes with practical solutions, not just legal theory.

      Capital Markets: Debt (International Firms) respondentGlobal

    • One of his key advantages is his ability and patience to communicate with less sophisticated first-time issuers. His experience and personality were definitely key factors in his standing out.

      Capital Markets: Debt (International Firms) respondentGlobal

    • He often anticipates questions before they arise. His ability to coordinate across time zones and manage multiple stakeholders ensures smooth execution.

      Capital Markets: Debt (International Firms) respondentGlobal
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  • Richard Wang
    Richard Wang

    Richard Wang

    Richard Wang advises Chinese issuers and bookrunners on SEHK listings. He is head of the Freshfields China equity capital markets practice.

    • Richard is also very helpful and has a good balance between commercial sensitivity and addressing the regulations.

      Capital Markets: Debt (International Firms) respondentGlobal

    • Richard can apply his strong technical skills and come up with a commercially sensible solution. He's a true problem-solving expert. He understands clients’ needs very well.

      Capital Markets: Debt (International Firms) respondentGlobal
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  • Howie Farn
    Howie Farn

    Howie Farn

    Howie Farn is a dual-qualified partner with the right to practice in both the US and Hong Kong. He is experienced in advising banks a sponsors and underwriters on a wide range of IPOs.

    • He's a very good US lawyer with very good drafting capabilities.

      Capital Markets: Debt (International Firms) respondentGlobal

    • He’s hands-on and technically strong. I like his style of being on top of things and I enjoy working with him.

      Capital Markets: Debt (International Firms) respondentGlobal
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  • David Yi
    David Yi

    David Yi

    David Yi is quickly building a reputation for strong work on an array of ECM work, including H-share listings, the issuance of convertible bonds and share placings.

    • David is technically strong and responsive. He can always provide creative and practical advice.

      Capital Markets: Debt (International Firms) respondentGlobal

    • His diligence, professionalism and attention to detail are truly remarkable. He consistently goes above and beyond. David embodies everything we could hope for in a legal adviser.

      Capital Markets: Debt (International Firms) respondentGlobal
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Ranked Individuals at Freshfields (5)

China

  • Profile image of Grace Huang

    Grace Huang

    Capital Markets: Equity (International Firms)

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  • Profile image of Richard Wang

    Richard Wang

    Capital Markets: Equity (International Firms)

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  • Profile image of Howie Farn

    Howie Farn

    Capital Markets: Equity (International Firms)

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  • Profile image of David Yi

    David Yi

    Capital Markets: Equity (International Firms)

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