Clara Choi

Partner
Joined firm 2004. Partner since 2014.

Clara is a partner in our corporate department. Her practice focusses on mergers and acquisitions, joint ventures, listings and corporate finance, including advising on domestic and cross-border transactions, Hong Kong public takeovers, private equity deals, securities transactions and spin-offs by large cap companies.

Her recent highlights include advising:

  • Standard Chartered Bank on its digital bank joint venture (Mox Bank) with PCCW, HKT and Ctrip.com. Mox Bank was one of the first successful applicants to have obtained a virtual bank licence from the Hong Kong Monetary Authority
  • Prudential plc on the demerger of M&G plc
  • Alibaba Group on its acquisition of the South China Morning Post
  • HNA Group on a number of public acquisitions and disposals, including the mandatory general offers for Tysan Holdings and China Shun Ke Long, the acquisition of a 25% stake in Hilton (as international counsel) and the sale of HKICIM to Blackstone
  • Standard Chartered plc on its 2-for-7 rights issue

Clara is the only lawyer to have advised on all three takeovers of Hong Kong banks in recent years:

  • Advising Chong Hing Bank on its US$1.5 billion takeover by Yue Xiu Enterprises
  • Advising OCBC on its US$4.95 billion privatisation of Wing Hang Bank. This transaction won the ‘M&A Deal of the Year: North Asia’ at The American Lawyer’s Asia Legal Awards 2015 and the ‘M&A Deal of the Year’ at the IFLR Asia Awards 2015
  • Advising a bidder on the auction sale of Nanyang Commercial Bank (which was sold for US$8.8 billion)

In ECM, she has advised on many Hong Kong IPOs and listings, including those of PICC, Swire Properties (spun off from Swire Pacific), Beijing Enterprises Urban Resources Group, Golden Throat and Fosun International. The PICC IPO was the largest IPO in Hong Kong in 2011-2012 and the fourth largest IPO globally (2012) which set a global record for the number of underwriters. It also won the 'Deal of the Year' at the Asian-Mena Counsel Awards 2012 and the 'Equity Deal of the Year' at the IFLR Asia Awards 2013.  She also has substantial experience in advising large cap companies on spin-offs and separate listings of their subsidiaries.

In private equity, Clara has advised clients such as Baring, SoftBank Vision Fund and Goldman Sachs PIA on investments into PRC companies at different stages, ranging from pre-IPO investments, cornerstone investments to PIPE deals.

In addition, Clara regularly advises on corporate governance and listing rules matters. Clients include many listed companies, amongst which are Standard Chartered (dual-listed), Prudential (dual-listed), Wing Tai Properties and Prada.

Clara is admitted as a solicitor in England and Wales and Hong Kong and speaks fluent Mandarin and Cantonese and reads and writes Chinese. She read Philosophy, Politics and Economics at Oxford University.