We have a long-standing presence in Asia: we opened our Hong Kong office in 1974. Our Beijing office, which opened in September 2009, is a natural extension of our practice in the region. By combining the strength of our own offices with that of the leading law firms in the region, we are able to provide a pan-Asian legal service of the highest quality.
We have 12 partners, over 40 other lawyers and a total staff of over 100 in our Beijing and Hong Kong offices. In Hong Kong we practise English and Hong Kong law and provide US securities law capability for capital markets transactions in Hong Kong. In Beijing we focus on M&A and outbound investment from China, as well as inbound investment and other projects involving China. Most of our lawyers are fluent in Mandarin and are able to draft, negotiate and advise in a trilingual environment.
We are also continuously engaged in a broad range of work throughout Asia advising clients on their cross border needs especially local and international public and private companies with their inbound and outbound M&A in Asia. Our close working relationships with market leading independent law firms in the PRC and throughout the Asia Pacific region ensure that we are able to deliver an integrated pan-Asian and China legal service of the highest quality for our clients.
Our key experience includes advising:
China Reinsurance (Group) Corporation (China Re) on the US$2 billion global offering and the listing on the Main Board of the Hong Kong Stock Exchange of its H shares. China International Capital Corporation Hong Kong Securities Limited, UBS Securities Hong Kong Limited and HSBC Corporate Finance (Hong Kong) Limited were the joint sponsors. Dealing in the shares of China Re on the Hong Kong Stock Exchange commenced on 26 October 2015 and it is one of the largest IPOs in Hong Kong in 2015.
COSCO Pacific Limited (CPL) on the formation of its joint venture with China Merchants Holdings (International) Company Limited and China Investment Corporation for the acquisition of approximately 65% of Kumport Terminal, the third largest container terminal in Turkey which is a strategic location along the "Silk Road Economic Belt" and "the 21st Maritime Silk Road".
Alibaba Group Holding Limited in relation to its acquisition, through its subsidiary Alibaba Investment Limited, of the media business of SCMP Group Limited (SCMP), a company listed on the Hong Kong Stock Exchange, for a total consideration of approximately HK$2.06 billion; and the injection of its Online Movie Ticketing and Yulebao businesses into Alibaba Pictures Group Limited. The total consideration for the asset purchase is approximately HK$4.06 billion (approximately US$520 million).
Standard Chartered in the sale of its consumer finance businesses in Hong Kong and Shenzhen, being PrimeCredit Limited and Shenzhen PrimeCredit Limited, to a consortium comprising China Travel Financial Holdings Co., Limited, Pepper Australia Pty Limited and York Capital Management Global Advisors, LLC.
Oversea-Chinese Banking Corporation Limited, the second largest financial services group in Southeast Asia by assets, on its US$4.95 billion acquisition of Wing Hang Bank, Limited.
Liu Chong Hing Investment Limited and its subsidiary, Chong Hing Bank Limited, a Hong Kong-based commercial bank, on the US$1.5 billion acquisition by municipality-owned and Guangzhou-based Yue Xiu Enterprises (Holdings) Limited.
Thermo Fisher Scientific Inc., on the competition aspects of its US$13.6 billion takeover of Life Technologies Corporation which included competition clearances in nine jurisdictions including China, Japan, South Korea, Australia, and New Zealand.
Malaysian Airports Holdings Berhad in the acquisition of a 40% equity stake in İstanbul Sabiha Gökçen Uluslararası Havalimanı Yatırım Yapım ve İşletme A.Ş. (the company which manages operations at Sabiha Gökçen Airport) and LGM Havalimanı İşletmeleri Ticaret ve Turizm A.Ş. (the company which establishes and manages hotels, lounges and food and beverage facilities at Sabiha Gökçen Airport) from the GMR Group for a total cash consideration of EUR 225 million.
Ratnakar Bank Limited, one of India’s fastest growing private sector banks, on English law aspects of their acquisition of RBS’s business banking, credit cards and residential mortgage businesses in India.
Talisman Energy on its North Sea joint venture with Sinopec.
China Construction Bank (London) Limited and its parent company, China Construction Bank Corporation, in connection with a US$200 million acquisition finance facility for Geely Sweden AB, a subsidiary of Zhejiang Geely Holding Group Co. Ltd., the largest private car-maker in China.