Department profile

Capital Markets: Debt & Equity (PRC Firms)

Greater China Region Guide 2026 : China

King & Wood

Rankings

Ranked Individuals

About

Provided by King & Wood

As a leader in China's securities and capital markets, we provide cutting-edge legal advice

King & Wood was one of the first law firms approved to provide legal advice on securities transactions in China. We have a team of experienced lawyers who practise in frontier markets, providing clients with access to the source of “new world” capital through our global network. With unrivalled depth in Asia and as the only international law firm capable of practicing PRC law, we help our regional clients access global capital, and our global clients access Asian capital.

We are uniquely positioned with strength in China, the fastest-growing capital market in the world. We advise multinational companies, financial institutions and Chinese issuers on their A-share, H-share, red chip, ADR and GDR offerings. We also represent Chinese issuers and underwriters in their IPOs on the Shanghai, Shenzhen, Singapore, New York, NASDAQ, and Frankfurt stock exchanges. These projects span almost all sectors, including the largest and most complex transactions in each sector.

Chambers Review

Provided by Chambers

Capital Markets: Debt & Equity (PRC Firms) - China

What the Team is Known For

King & Wood is top of the market for domestic and cross-border issuances. The team fields a deep bench with top-notch expertise across the securities arena, leveraging its global network to advise clients on complex onshore and offshore listings, refinancings and private equity financings. It is particularly well versed in pre-IPO structuring. Its expertise is in high demand among issuers and underwriters, and extends to bond issuances for both state-owned and privately owned clients.

业务优势

金杜律师事务所在国内、香港地区及海外发行的行业务领域仍然保持领先位置。该律所拥有深厚的团队阵容和证券领域一流的专业知识。团队充分利用其全球网络，为客户就复杂的境内和离岸上市、再融资以及私募股权融资提供法律意见。金杜尤其精通前IPO结构设计。其专业知识备受发行人和承销商青睐，并延伸到为国有企业和私营公司客户处理债券发行。

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Work Highlights

Provided by Chambers

King & Wood assisted Wafer Works (Shanghai) with its listing on the Science and Technology Innovation Board of the Shanghai Stock Exchange.
King & Wood assisted Midea Group in its issuance of H-shares and listing on the Main Board of the Stock Exchange of Hong Kong, achieving its A+H dual listing.
金杜律师事务所协助上海合晶硅材料股份有限公司在上海证券交易所科技创新板上市。
金杜律师事务所协助美的集团发行H股并在香港联合交易所主板上市，实现了A+H双重上市。

Strengths

Provided by Chambers

The team has rich experience in capital markets and deep understanding of the regulatory environment. It is able to assist clients on solving various complex problems encountered.
Capital Markets: Debt & Equity (PRC Firms) respondentGreater China Region
King & Wood has in-depth understanding of laws related to overseas capital markets, high professionalism and practical experience. The team is able to provide practical advice tailored to issuances.
Capital Markets: Debt & Equity (PRC Firms) respondentGreater China Region
金杜律师事务所对境外资本市场相关法律了解深入，专业度高，具有实操经验。团队能给出符合实际的法律建议。
Capital Markets: Debt & Equity (PRC Firms) respondentGreater China Region
该团队在资本市场拥有丰富的经验和对监管环境的深刻理解，能够协助客户解决遇到的各种复杂问题。
Capital Markets: Debt & Equity (PRC Firms) respondentGreater China Region

Notable Practitioners

Provided by Chambers

Senior Statespeople
Senior Statespeople
Lixin Wang
Wang Lixin is a very senior figure within the firm and the wider market, serving both on the management committee and also as the managing partner of the Guangzhou office. He is widely recognised for his expertise in corporate and securities law.王立新律师是在该所以及更广泛市场中非常资深的人物，兼任管理委员会委员以及广州分所管理合伙人。他在公司和证券法领域的专业能力广受认可。
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Senior Statespeople
Senior Statespeople
Yongliang Zhang
Zhang Yongliang is a recognised expert in capital markets transactions and is also noted for his expertise in corporate restructuring. The Beijing-based partner is equipped to advise on domestic and overseas mandates.张永良律师是资本市场交易领域公认的专家，并以其公司重组的专业能力受到关注。这位常驻北京的律师同时具备处理国内和海外工作的能力。
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Eminent Practitioners
Eminent Practitioners
Lizi Tang
Tang Lizi is one of the leading figures in the market, with three decades of experience handling big-ticket IPOs, especially on the Shenzhen Stock Exchange.唐丽子律师是业界领先人物之一，在处理尤其是在深交所的大型IPO方面拥有三十年的经验。
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Band 1
Band 1
Mulong Gong
Gong Mulong is a well-known expert on financial services law who handles both equity issuances and private equity financings. Chairing King & Wood's finance and securities team, he has considerable experience advising on domestic and cross-border mandates, acting for both issuers and underwriters.
龚牧龙律师是著名的金融服务法律专家，处理股权发行和私募股权融资。作为金杜律师事务所的金融和证券团队负责人，他拥有代表发行人和承销商处理国内及跨境业务的大量经验。
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Band 2
Band 2
Zheng Su
Su Zheng is a Beijing-based securities law expert who actively advises issuers and underwriters on Hong Kong and Swiss listings. Her practice extends to GDR offerings and M&A transactions.苏峥律师是常驻北京的证券法专家，积极就香港及瑞士上市事宜为发行人和承销商提供咨询服务。她的执业范围延伸至全球存托凭证（GDR）发行和并购交易。
Su Zheng has a high degree of professionalism and good service attitude, and is able to empower our business development and provide practical legal advice.
Capital Markets: Debt & Equity (PRC Firms) respondentGreater China Region
苏律师专业度高，服务态度好，能够为我们业务发展赋能并提供具有实操性的法律意见。
Capital Markets: Debt & Equity (PRC Firms) respondentGreater China Region
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Band 4
Band 4
Ning Zhou
Zhou Ning is adept at handling both A-share and debt issuances. She is well placed to handle spin-offs in connection to listings, alongside complex M&A transactions.
周宁律师擅长处理A股和债券发行。她非常擅长处理与上市有关的分拆以及复杂的并购交易。
Zhou Ning is professional with strong comprehensive service ability. We have had smooth cooperation with her.
Capital Markets: Debt & Equity (PRC Firms) respondentGreater China Region
周宁律师专业、综合服务能力强。我们跟她合作顺畅。
Capital Markets: Debt & Equity (PRC Firms) respondentGreater China Region
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Band 4
Band 4
Tianning Ma
Ma Tianning is actively building his reputation in the market by assisting corporates with A-share and Hong Kong issuances. He has additional knowledge in cross-border investments.马天宁律师通过协助企业处理A股及香港地区发行事宜，积极建立其市场声誉。他在跨境投资方面有额外的专业知识。
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