Outward investment and foreign partnerships from China continue to increase. Outbound Chinese investment is global, with particularly high levels of investment into Africa, Latin America and other parts of Asia Pacific. We also regularly see high-profile and high-value cross-border transactions involving European businesses and North American companies.
We advise Chinese clients as they undertake strategic outbound opportunities, as well as foreign investors executing on global strategies including China. Working with advisors who have deep experience in China and up-to-date insights into global markets is crucial for any business to be successful in China.
With offices in Beijing, Hong Kong and Shanghai, and over 30 years of experience in China, we help clients navigate both the legal issues of doing business in the region, as well as offering practical advice and knowledge. Our multidisciplinary and multicultural teams navigate clients through their most complex transactions.
Our China offices are led by international and Chinese lawyers recognized for their leadership in the legal and business community. They are native to China, or have resided in the region for many years. The majority of our lawyers are fluent in Mandarin and other Chinese dialects and include lawyers trained in PRC law as well as those qualified to practice English, US and Hong Kong law.
AWARDS & RECOGNITION
Tier 1: Corporate/M&A (Highly Regarded), China
Chambers Asia (China) 2014
Tier 1: Banking & Finance, China
Chambers Asia (China) 2014, 2013, 2009, 2008
Tier 1: Projects & Infrastructure, China
Chambers Asia (China) 2014, 2013, 2012, 2011
Advised Haier Group, the Chinese multinational consumer electronics manufacturer, on the M&A and financing aspects in relation to the US$5.4 billion acquisition of GE Appliances unit from GE through an auction process. This is one of the largest acquisitions of a US company by a Chinese entity to date.
Advised a syndicate of banks as mandated lead arrangers in an aggregate US$19 billion financings for Alibaba Group, China's largest e-commerce company, including two award-winning financings of Alibaba.com's privatization and stake repurchase and refinancing.
Suzhou Dongshan Precision Manufacturing
Advised Suzhou Dongshan Precision Manufacturing, one of the largest suppliers of precision sheet metal components headquartered in Suzhou, China, on its US$610 million acquisition of Multi-Fineline Electronix, a California-based global provider of high-quality, technologically advanced flexible printed circuits and assemblies.
Bank of China and Ping An Bank
US$2 billion financing for the take private of Shenzhen-headquartered Mindray Medical International Limited, a leading developer, manufacturer and marketer of medical devices worldwide listed on the NYSE.
Las Bambas acquisition
Advised MMG Limited and the MMG-led consortium, including Guoxin International Investment Corporation Limited and CITIC Metal Co., Ltd., through the successful US$5.85 billion acquisition of the Las Bambas copper project in Peru from Glencore plc and the US$7 billion acquisition funding and ongoing project development costs in a deal named "Global M&A Deal of the Year for Latin America/Peru" by American Lawyer (2014) and "Deal of the Year" by China Business Law Journal (2014).
Offshore equity investment in Shenzhen Zhaoheng Hydropower Co. Ltd. and onshore loans to finance the construction, ownership and operation of six hydro power projects in China. Named "Asia Pacific Hydropower Deal of the Year" Project Finance Magazine 2013.
Industrial and Commercial Bank of China and Bank of China
Financing one of the largest acquisitions ever completed by a Chinese non-SOE €550 million. Syndicated acquisition financing for Fosun International's €1 billion majority acquisition of the insurance assets of Portuguese state-owned Caixa Geral de Depositos. This transaction was Fosun’s largest acquisition outside China.