Capital Markets: Debt & Equity (PRC Firms) | Greater China Region

Wang Lihua is the founding partner and chair of the firm. He is a highly revered figure in the market with decades of experience handling a wide range of capital markets transactions, including IPOs and convertible bond issuances.

Chen Limin of Zhong Lun's Shenzhen office is a revered figure with many decades of experience in handling capital markets transactions. He also offers advice on private equity and fund matters.

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.

Bai Wei is recognised as a highly venerable figure in the capital markets sphere. He has a solid track record of handling onshore and offshore transactions, with notable expertise in M&A mandates.

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.

Christophe Han is a managing partner at Llinks Law Offices and operates from its Shanghai office. He regularly partakes in domestic IPOs, mostly on the Shanghai and Shenzhen Stock Exchanges. He is also able to advise on overseas GDR offerings and is active in the issuance of bonds.

Wu Guanxiong is a longstanding figure in the market who is very familiar with domestic and overseas capital markets issuances. He serves as the executive director of Tian Yuan Law Firm.

Shen Guoquan is a senior partner in the firm with considerable experience in handling A-share issuances. He is highlighted for his deep knowledge of capital markets regulations.

Xu Jianjun is a prominent figure in the market who serves as the deputy director of DeHeng Law Offices. He specialises in capital markets and M&A, with strong capability advising issuers on domestic IPOs. Xu is also active in debt financing deals and has become increasingly active in the issuance of green bonds.

Zhang Liguo is the chair of the firm and a highly regarded practitioner in the capital markets, who has a strong understanding of the listing rules and procedures of the A-share market. Market sources often highlight his seniority and longstanding practice.

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.

Jiang Ruiming is well versed in securities issuance projects and also familiar with corporate law and asset restructuring matters. His recent work includes advising clients from the electronics and manufacturing sectors on their IPOs on the STAR Board of the Shanghai Stock Exchange, as well as the Shenzhen Stock Exchange.

Zhang Shenghuai is a veteran in the market and well versed in domestic issuances. He has received mandates regarding private placements, MTNs and convertible bonds.

Xu Shouchun is a skilled capital markets lawyer and is singled out by clients for his expertise in IPOs, specifically those in relation to the ChiNext board of the Shenzhen Stock Exchange.

Liu Su boasts a lengthy track record assisting issuers and underwriters on a wide range of capital markets transactions, including bond issuances and IPOs. His clientele includes a number of notable names such as China Merchants Bank and Chindata Group. He also serves as a member of the firm's management.

Li Tongyun leads the capital markets team at Merits & Tree Law Offices. She has a prestigious practice with notable expertise in issuances on the ChiNext board of the Shenzhen Stock Exchange and the STAR market of the Shanghai Stock Exchange.

Liu Wei is the group's managing partner and famous for his expertise in corporate and financial law. He boasts an impressive track record in handling complex and high-value IPOs, including both A-share and H-share issuances. He is additionally noted for his expertise in refinancing.

Wang Weiguo has an established practice in the market and is notably adept at handling equity transactions, including A-share, B-share and H-share issuances. He also offers advice on private offerings and M&A matters.

Chao Yijun is a seasoned lawyer and well recognised for his expertise in cross-border mandates, particularly in connection with listings on the New York Stock Exchange, Nasdaq, the Hong Kong Stock Exchange and the Singapore Exchange. He wins recognition for his experience in IPOs and financings with a technology focus.

Xiang Zhenhua brings over two decades of deal experience to the practice and is well versed in domestic IPOs and secondary issuances as well as bond issues. He also regularly advises public companies on sale and acquisition matters.

Anthony Zhao is a highly regarded figure in the market with an enviably broad transactional practice covering overseas capital markets issuances and private equity financing as well as M&A mandates. He is also chair of the firm's management committee.

Liu Jinrong is the managing partner of the firm and a venerable figure in the market, notably for capital markets transactions, private equity and M&A. He is adroit at handling cross-border and domestic transactions, most notably on the Hong Kong Stock Exchange.

Kong Xin is a senior figure within the firm who remains a hands-on lawyer. He is well regarded for his deft handling of overseas listings and is often mandated in high-value projects.

Yan Yu is a highly regarded figure in the field of equity issuances and is also the founding partner of the firm. She is valued by issuers and underwriters for her expertise in domestic and overseas IPOs.

Wu Gang has a longstanding presence in the market. He is best known for his expertise and achievements in H-share issuances, but also handles A-share and combined A+H-share issuances.

Jeffrey Ding is well reputed for handling both domestic and overseas listings. He is well versed in handling equity offerings for clients in the financial, pharmaceutical and software industries.

Guan Jianjun is a senior figure in the firm who is well regarded for his expertise in transactional matters, most notably initial public offerings and corporate bond issuances. He remains a popular counsel of choice among domestic hi-tech companies.

Guo Kejun is considered a veteran capital markets lawyer. He is known for his deft handling of A-share and H-share IPOs, attracting clients from the healthcare and energy sectors.

Gong Mulong is a well-known expert on financial services law who handles both equity issuances and private equity financings. Chairing King & Wood Mallesons' finance and securities team, he has considerable experience advising on domestic and cross-border mandates, acting for both issuers and underwriters.

Tang Qier is based in Shanghai and an active capital markets lawyer. She is well versed in a range of different types of securities issuances, and is sought after as lead counsel by both issuers and underwriters. She has notable skills in taking on cross-border mandates.

Wei Shuangjuan is known for her deft handling of public and private financing transactions. She is recommended for her knowledge in debt offerings and regularly assists clients with listings on the Hong Kong Stock Exchange.

Fu Siqi is sought after by issuers and underwriters for major equity offerings. He is highly respected for his expertise in H-share issuances, as well as financing at various stages.

Wayne Chen remains a well-recognised figure in the market, specialising in A-share and convertible bond issuances. He ably advises domestic clients on STAR Board listings. His broad practice also covers private equity and corporate/M&A transactions.

Gao Xiang has garnered a strong reputation in the market, being well known for overseas equity issuances. He skilfully acts for both issuers and underwriters on listings, typically on the Hong Kong Stock Exchange.

Zhu Xiaohui is a managing partner at Tian Yuan Law Firm with a wealth of experience assisting with ECM matters. He serves clients from varying industries, such as agriculture, construction and real estate. He is equally capable in handling private equity issues.

Liu Yan is a strategist as the head of the firm's department and is well regarded for her capital markets expertise. She serves issuers in major equity offerings in the A-share and H-share markets. She also actively advises on overseas bond and GDR issuances.

Zhang Zhiqiang is a leader of the firm's domestic capital markets practice and handles a range of debt and equity offerings. He is well versed in both onshore and offshore transactions.

Lou Aidong heads the securities practice at Kangda Law firm and is a well-regarded capital markets lawyer who has considerable expertise in the IPO regulations and review process. She regularly serves as issuer's counsel on debt and equity offerings.

Li Cheng is one of several heads of the firm's capital markets offering. He has a broad transactional practice, covering a range of domestic and overseas listings, and is also familiar with the details of corporate/M&A transactions and corporate restructuring projects.

Christine Chen heads the international debt capital markets practice at Fangda and is recognised for her proficiency in debt financing. She represents clients from a range of industries, including the automotive, shipping and finance industries.

Liang Chunwei is an experienced capital markets lawyer who is known for his skilful handling of Hong Kong issuances. He handles issuances in connection to the real estate, retail and technology sectors.

Zhou Ning is adept at handling both A-shares and debt issuances. She is well placed to handle spin-offs in connection to listings, alongside complex M&A transactions.

Xu Ping joined Han Kun Law Offices in early 2023 and maintains a busy practice in the market. She is noted for her cross-border transactional practice but also handles domestic capital markets work, including IPOs on the STAR market.

Hu Qi specialises in equity issuances and is notably active on tech firm IPOs, with a focus on domestic capital markets. She possesses expertise in bond issuances and asset securitisation matters.

Gao Wei leads the department and is a prominent figure in the capital markets sphere, being noticeably active on backdoor listings, domestic IPO listings and asset-backed note issuances. In addition to securities issuances, he is also sought after for his M&A expertise.

Zhang Wen co-leads Jia Yuan's capital markets practice and handles a range of transactional matters, including overseas issuances, M&A and FDI mandates. He also stands out for his deft handling of red-chip transactions.

Wang Xian'an is a capital markets specialist and regularly assists with IPOs in Shanghai and Shenzhen, as well as ECM matters in relation to the Hong Kong Stock Exchange.

Zhang Xiaohong co-heads the capital markets practice at AllBright Law Offices and is a capital markets veteran who is well versed in a wide range of financial law matters. Although now based primarily in Shanghai, he also has a strong base of clients in Zhejiang Province, where he spends part of his time.

Zhang Xiaoman has a robust practice that balances capital markets and corporate/M&A. He is well versed in both domestic and overseas issuances, acting for issuers and underwriters.

Ma Zhe has a healthy practice that sees her handling a range of domestic and cross-border capital markets transactions. Aside from share and bond issuances, she also offers advice on asset securitisation.

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.

Hu Zhengzheng is an accomplished transactional lawyer who focuses on capital markets and private equity matters. He has notable experience dealing with Hong Kong and Nasdaq-related mandates. He serves clients in the medical, technology and retail sectors from Jingtian & Gongcheng's Nanjing and Beijing offices.

Liu Chengwei is a capable capital markets specialist who is also noted for his technical strength in this sphere. He possesses extensive knowledge of a variety of equity deal structures. His experience in overseas issuances is highlighted by market sources.

Zhang Jian heads the capital markets practice at Shihui and attracts attention for his noted experience acting for major clients on listings. He continues to build his reputation by offering advice on related issues, including spin-offs and restructuring.

Sun Lin co-heads the capital markets department at Grandway and is regularly engaged in IPO listings on domestic markets. He has built a particularly strong reputation among his Guangdong-based clientele.

Li Qiang operates from Grandall's Shanghai office and has a focused capital markets practice. He is capable of handling high-value IPOs across many domestic boards, including the STAR and ChiNext boards, and is also active in handling the issuance of convertible bonds.

Li Shoushuang is a managing partner of Dacheng's Beijing office, as well as an experienced capital markets lawyer. His expertise in overseas IPOs has earned him high praise from his clients in the technology, automotive and pharmaceutical industries.

Ling Tezhi of Jingtian & Gongcheng's Beijing office has a growing reputation in the market. He specialises in overseas bond and note issuances, but also handles H-share IPOs. His clientele includes domestic issuers and underwriters.

Ren Wei is an experienced securities law practitioner who is active on overseas listings. He is sought after by clients from the real estate, healthcare and technology industries.

Zang Xin has gained recognition for his securities issuance practice. He is most active on A-share IPOs on the Shanghai and Shenzhen Stock Exchanges and is also able to advise on share issuances on the Hong Kong Stock Exchange.

Pan Xinggao is active on a wide range of financial legal projects for corporate clients, including A-share and overseas bond issuances, and mergers and acquisitions. He has over two decades of experience and has maintained a notable focus on capital markets.

Jiang Xueyan is the head of the equity capital markets department at Fangda and has a robust practice that specialises in domestic securities issuances. She represents a number of financial institutions including Bank of China and China International Capital Corporation Hong Kong Securities.

Piao Yu has a robust capital markets issuance practice. She is recognised for her knowledge in Hong Kong and overseas listings, in particular her expertise in VIE structure.

Wang Yuan brings capital markets knowledge to the firm with experience handling equity and bond issuances. He has particular expertise in advising healthcare clients on IPOs.

Tang Zhoujun co-heads the capital markets practice at Zhong Lun Law Firm and demonstrates a strong involvement in ECM matters. He also advises on public M&A, in addition to IPO work on a large cross-section of domestic stock markets. His expertise is sought after by clients in the manufacturing, technology and energy industries.

Bao Fangzhou is an active capital markets practitioner and is regularly approached by clients in the semiconductor industry for his experience in handling IPOs. He is also noted for his expertise in corporate/M&A transactions.

Jia Haibo co-leads the Hong Kong and overseas capital markets practice at Zhong Lun Law Firm. He is equipped to handle domestic and overseas debt and equity offerings for both issuers and underwriters. His recent work includes advising domestic clients in the TMT and pharmaceutical sectors.

Wang Jin is an experienced capital markets specialist with a particular focus on overseas public offerings. She receives mandates on listings on the Hong Kong and Singaporean stock exchange markets.

Wang Li is a senior partner at AllBright Law Offices and is noted for his experience in handling listings on the STAR market. He predominantly serves clients in the semiconductor industry.

Zhu Rui is a managing partner at Grandway's Shanghai office and possesses a focused capital markets practice. He specialises in pre-IPO filing and domestic listings and is recognised for his wide experience in financing and investment.

Lu Wangsheng enters the ranking table this year thanks to his extensive capital markets practice. He is well recognised by clients in the logistics and manufacturing sectors for his expertise in handling notes and convertible bonds. His advice on domestic IPOs is also highly valued.

Fan Xingcheng is the head of the firm's capital markets practice. He displays strong capabilities in domestic and overseas IPOs, convertible bond issuances and red-chip structures.

Huang Yaping has an established capital markets practice based in Shenzhen. She enters the ranking table on the basis of her proficiency in dealing with IPO projects and convertible corporate bonds.

Liu Yinhong is a key corporate and capital markets lawyer at Jincheng Tongda & Neal Law Firm. He is sought after by SOEs for his skills in dealing with IPOs, spin-offs and regulatory compliance.

Li Yuan enters the ranking table this year for his expertise in domestic capital markets. He is frequented by clients in the electronics and technology industries who seek his advice on A-share listings.

Shen Cheng is a key member of AllBright Law Offices' capital markets offering. He demonstrates expertise in handling high-profile STAR Board listing and A-share issuance matters. He is also capable of advising clients on complex equity incentives.

Xia Huijun is an up-and-coming lawyer with a growing reputation in the capital markets sphere. She is well regarded by clients in the technology industry for her work on debt financing plans and IPOs.

Pang Jing is highlighted for handling both debt and equity offerings. He is sought after for his knowledge in overseas issuances.

Tan Qing has a growing presence in the market which sees him engaging in domestic IPOs. His clients also benefit from his ability to advise on overseas issuances. He serves a host of clients from Tian Yuan's offices in Beijing and Shenzhen.

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.

Kang Xiaoyang has a growing presence in the debt and equity issuance markets. He receives endorsements from clients for his expertise in handling domestic issuances.

Fu Yangyuan has a burgeoning reputation in the market for her handling of A-share and H-share issuances. Her practice extends to M&A and restructurings.

Hou Zhiwei continues to make a name for himself in the market, particularly on debt issuance mandates. He is also sought after by a range of corporate clients for his expertise in domestic listings, as well as offshore transactions.