About

Provided by Herbert Smith Freehills Kramer LLP

The firm has world class capital markets teams in China, providing full legal services in capital markets with a strong track record of advising issuers, underwriters and shareholders on public offerings (including IPOs) and private placements across a wide range of industry sectors in jurisdictions around the world.

We have been at the forefront of many innovative IPOs, including spin-off listings, A to H listings and A and H dual listings. We also advised on the listings on the Hong Kong Stock Exchange of companies incorporated in different jurisdictions, including Singapore and England and Wales. We also have a US securities team based in Hong Kong which provides support on US securities laws and liability issues.

In the debt capital market, our teams in China have extensive experience in advising governments, SOEs, banks and enterprises involving bond issuance in energy, biotechnology, finance, real estate, consumer, state-owned asset management, infrastructure and other key sectors.

Our knowledge includes medium-term note programmes, sovereign bonds, convertible bonds, perpetual bonds, credit enhancement bonds, exchangeable bonds, “dim sum” bonds, secured bonds, high-yield bonds, SBLC-backed bonds, secured bonds and subordinated bonds, covering denomination in various global and regional major currencies.

Chambers Review

Provided by Chambers

Capital Markets: Debt (International Firms) - China

3
Band 3

What the Team is Known For

Herbert Smith Freehills Kramer has a respected ECM team spanning Hong Kong IPOs and secondary offerings. The team is familiar with acting on large-scale rights issuances and is additionally well regarded in debt matters, advising issuers and underwriters on investment-grade bonds and MTN programmes. Its expertise spans convertible and exchangeable issuances, as well as trustee representation. The firm frequently represents clients in the healthcare, technology and biopharma sectors.

Work Highlights

  • Herbert Smith Freehillls Kamer advised the Hong Kong Monetary Authority and Hong Kong Government on the establishment of the retail portion of its infrastructure bond programme and the issuance of HKD20 billion retail infrastructure bonds due 2027 and HKD55 billion silver bonds due 2027.

  • Herbert Smith Freehills Kamer advised Morgan Stanley Asia, Citigroup Global Markets Asia, Huatai Financial Holdings (Hong Kong), UBS AG Hong Kong Branch and other underwriters of Jiangsu Hengrui Pharmaceuticals' H-share listing on the Main Board of the Hong Kong Stock Exchange.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

Matt Emsley
2
Matt Emsley
2
Band 2
Matt Emsley is the head of Herbert Smith Freehills' ECM team in Hong Kong and a trusted adviser to banks and funds on a variety of ECM work.

Matt is super experienced and he has a good relationship with the stock exchange and SFC.

He's a very hands-on and technically strong lawyer.

Matt is very senior with a good understanding of his practice area.

William Ku
3
William Ku
3
Band 3
William Ku is head of Herbert Smith Freehills' DCM team and is recognised for his focus on advising Chinese clients on debt issuances.

William is truly experienced and reliable.

William has in-depth knowledge and a high level of commercial awareness. He knows the market and DCM very well. He's accommodating to client requests and attentive to the issues.

Jason Sung
5
Jason Sung
5
Band 5
Jason Sung offers clients two decades' experience advising on Hong Kong IPOs, most frequently for sponsors and underwriters.

Jason Sung is the key partner. He's excellent.

I highly recommend Jason. He is a pleasure to work with, truly understands what matters to us, manages the team perfectly, is very commercial and is always available.

Ranked Lawyers at
Herbert Smith Freehills Kramer LLP

Provided by Chambers
Filter by
Band

China

Capital Markets: Debt (International Firms)

William Ku
3
William Ku
3
Band 3
Capital Markets: Equity (International Firms)

Matt Emsley
2
Matt Emsley
2
Band 2
Jason Sung
5
Jason Sung
5
Band 5

Members

Provided by Herbert Smith Freehills Kramer LLP

Jeremy Shen

Jin Kong

Maisie Ko

Matt Emsley

Matt Emsley

Head of Department

Stanley Xie

William Ku

William Ku

Head of Department

Industries

Provided by Herbert Smith Freehills Kramer LLP

Financial Investors

Financial Services

Government and Public Sector

Health and Life Sciences

Retail and Consumer

Technology, Media and Telecoms (TMT)