Capital Markets: Securitisation & Derivatives (PRC Firms) - China
What the team is known for
King & Wood Mallesons remains top of the market for domestic, Hong Kong and overseas 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. China Southern Airlines, Huatai Securities and Xiamen Port Holding Group are examples of the practice's clients.
Strengths
"The KWM team have an efficient working style and good teamwork ability as well as a meticulous and dedicated service attitude. They are experts in the legal industry."
"The team are highly professional, responsive and have rich experience in domestic asset securitisation, private equity funds and overseas transactions."
"They propel projects forward, particularly surrounding the complexities of asset-backed transactions."
Work highlights
King & Wood Mallesons advised Eastern Shenghong on the issuance of global depositary receipts and its listing on the SIX Swiss Exchange.
King & Wood Mallesons assisted Empyrean Technology with its IPO on the Growth Enterprise Market of the Shenzhen Stock Exchange.
King & Wood Mallesons acted for State Power Investment on the issuance of asset-backed commercial papers with an aggregate value of CNY69.8 billion.
Notable practitioners
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.
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.
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. "She is an impressive and devoted lawyer."
Hu Zhe is widely regarded in the market as an expert on structured finance, and is based in Shanghai. He is often mandated on high-value asset-backed securities and commercial mortgage-backed securities transactions. "He is an excellent ABS lawyer and has experience in this field."
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.
Li Wenmin is a Guangzhou-based structured finance lawyer who wins wide acclaim for her versatile practice and professional skills. She is noted for her expert advice on transactions involving real estate and infrastructure. "Li Wenmin is very professional in the area of ABS and public REITs."
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. "Zhou Ning is an experienced and well-respected lawyer."
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.
Jianli Wen is highly regarded for his knowledge of securitisation transactions. His expertise in ABS, ABN and ABCP is regularly sought after by corporate and investment clients.
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.
