Ranking tables
Capital Markets: Debt & Equity (PRC Firms) | Greater China Region
China
Rankings overview for Lawyers
Senior Statespeople
- Chunyang Shao JunHe LLP18 Years Ranked
- Liguo Zhang Grandway Law Offices15 Years Ranked
- Lihua Wang Tian Yuan Law Firm16 Years Ranked
- Limin Chen Zhong Lun Law Firm14 Years Ranked
- Lixin Wang King & Wood Mallesons18 Years Ranked
- Shenghuai Zhang Hai Run Law Firm5 Years Ranked
- Wei Bai Jingtian & Gongcheng18 Years Ranked
- Wei Liu Grandall Law Firm15 Years Ranked
Eminent Practitioners
- Christophe Han Llinks Law Offices13 Years Ranked
- Guanxiong Wu Tian Yuan Law Firm9 Years Ranked
- Guoquan Shen AllBright Law Offices9 Years Ranked
- Jianjun (Charles) Guan Grandall Law Firm15 Years Ranked
- Jianjun Xu DeHeng Law Offices11 Years Ranked
- Lizi Tang King & Wood Mallesons13 Years Ranked
- Ruiming Jiang Merits & Tree Law Offices10 Years Ranked
- Shouchun Xu Merits & Tree Law Offices6 Years Ranked
- Su Liu Haiwen & Partners17 Years Ranked
- Tiejun Shi JunHe LLP18 Years Ranked
- Tongyun Li Merits & Tree Law Offices3 Years Ranked
- Weiguo Wang Jingtian & Gongcheng13 Years Ranked
- Xiaohui Zhu Tian Yuan Law Firm14 Years Ranked
- Yijun Chao Han Kun Law Offices17 Years Ranked
- Yongliang Zhang King & Wood Mallesons11 Years Ranked
- Zhenhua Xiang Jingtian & Gongcheng2 Years Ranked
Band 1
Band 2
- Aidong Lou Kangda Law Firm8 Years Ranked
- Cheng Li Global Law Office13 Years Ranked
- Christine Chen Fangda Partners3 Years Ranked
- Gang Wu Commerce & Finance Law Offices (Tongshang)17 Years Ranked
- Kejun Guo Zhong Lun Law Firm17 Years Ranked
- Qier Tang Fangda Partners17 Years Ranked
- Shuangjuan Wei Haiwen & Partners6 Years Ranked
- Siqi Fu Jingtian & Gongcheng12 Years Ranked
- Wayne Chen Llinks Law Offices14 Years Ranked
- Xiang Gao Jingtian & Gongcheng11 Years Ranked
- Yan Liu Tian Yuan Law Firm14 Years Ranked
- Yi Wang JunHe LLP14 Years Ranked
- Yongqiang Yu JunHe LLP8 Years Ranked
- Zheng Su King & Wood Mallesons9 Years Ranked
- Zhiqiang Zhang Jingtian & Gongcheng8 Years Ranked
- Xiaoliang WuCM Law Firm
Band 3
- Chengwei Liu Global Law Office8 Years Ranked
- Lin Sun Grandway Law Offices2 Years Ranked
- Ning Zhou King & Wood Mallesons15 Years Ranked
- Ping Xu Han Kun Law Offices9 Years Ranked
- Qi Hu Grandway Law Offices9 Years Ranked
- Qiang Li Grandall Law Firm2 Years Ranked
- Shoushuang Li Dacheng Law Offices5 Years Ranked
- Tezhi Ling Jingtian & Gongcheng5 Years Ranked
- Wei Gao Haiwen & Partners8 Years Ranked
- Wei Ren Jingtian & Gongcheng6 Years Ranked
- Wen Zhang Jia Yuan Law Offices12 Years Ranked
- Xian'an Wang DeHeng Law Offices2 Years Ranked
- Xiaohong Zhang AllBright Law Offices10 Years Ranked
- Xiaoman Zhang Commerce & Finance Law Offices (Tongshang)9 Years Ranked
- Xin Zang Grandway Law Offices7 Years Ranked
- Xueyan Jiang Fangda Partners9 Years Ranked
- Yu Piao Tian Yuan Law Firm7 Years Ranked
- Zejia Chen Jingtian & Gongcheng10 Years Ranked
- Zhe Ma Grandway Law Offices11 Years Ranked
- Zhengzheng Hu Jingtian & Gongcheng8 Years Ranked
- Zhoujun Tang Zhong Lun Law Firm3 Years Ranked
Band 4
- Bing Xue Han Kun Law Offices2 Years Ranked
- Bo Su Guantao Law Firm6 Years Ranked
- Chenliang Li JunHe LLP6 Years Ranked
- Chunwei Liang Jingtian & Gongcheng17 Years Ranked
- Fangzhou Bao AllBright Law Offices7 Years Ranked
- Haibo Jia Zhong Lun Law Firm5 Years Ranked
- Jian Zhang Shihui Partners4 Years Ranked
- Jin Wang Han Kun Law Offices2 Years Ranked
- Li Wang AllBright Law Offices2 Years Ranked
- Rui Zhu Grandway Law Offices2 Years Ranked
- Tianning Ma King & Wood Mallesons3 Years Ranked
- Xingcheng Fan Dacheng Law Offices, LLP3 Years Ranked
- Xinggao Pan Commerce & Finance Law Offices (Tongshang)6 Years Ranked
- Yuan Li DeHeng Law Offices2 Years Ranked
- Yuan Wang Jia Yuan Law Offices3 Years Ranked
Band 5
- Cheng Shen AllBright Law Offices4 Years Ranked
- Fan Wang AllBright Law Offices1 Years Ranked
- Hejin Li AllBright Law Offices1 Years Ranked
- Qing Tan Tian Yuan Law Firm3 Years Ranked
- Qiwei Zhang Kangda Law Firm1 Years Ranked
- Wangsheng Lu Dacheng Law Offices, LLP2 Years Ranked
- Wenliang Zhang Guantao Law Firm1 Years Ranked
- Xiaoyang Kang Kangda Law Firm3 Years Ranked
- Yangyuan Fu Jia Yuan Law Offices3 Years Ranked
- Yaping Huang Guantao Law Firm2 Years Ranked
- Yinhong Liu Jincheng Tongda & Neal3 Years Ranked
- Zhiwei Hou DeHeng Law Offices6 Years Ranked
Up and Coming
- Daqian Zhang Shihui Partners1 Years Ranked
- Guan Wang Zhong Lun Law Firm1 Years Ranked
- Huijun Xia Llinks Law Offices2 Years Ranked
- Jing Pang AllBright Law Offices3 Years Ranked
- Jinjin Chen Jingtian & Gongcheng5 Years Ranked
- Ming Zhang Zhong Lun Law Firm1 Years Ranked
- Tao Zhou Grandway Law Offices1 Years Ranked
- Wenxiang Meng Zhong Lun Law Firm1 Years Ranked
- Yuntao Ma Tian Yuan Law Firm1 Years Ranked
All Lawyers profiles
Senior Statespeople
S Chunyang ShaoJunHe LLP | Capital Markets: Debt & Equity (PRC Firms)2025 | Senior Statespeople | 18 Years RankedShao Chunyang is a towering and venerable figure in capital markets, particularly known for his ECM work. He has considerable experience advising on Shanghai and Hong Kong-related offerings. He heads JunHe's Shanghai office.
S Liguo ZhangGrandway Law Offices | Head of Capital Markets: Debt & Equity (PRC Firms)2025 | Senior Statespeople | 15 Years RankedZhang Liguo is the chair of the firm and a highly regarded practitioner in capital markets. He has a strong understanding of the listing rules and procedures of the A-share market. Market sources often highlight his seniority and longstanding practice.
S Lihua WangTian Yuan Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Senior Statespeople | 16 Years RankedWang 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.
S Limin ChenZhong Lun Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Senior Statespeople | 14 Years RankedChen Limin of Zhong Lun's Shenzhen office is a revered figure with many decades of experience handling capital markets transactions. He also offers advice on private equity and fund matters.
S Lixin WangKing & Wood Mallesons | Capital Markets: Debt & Equity (PRC Firms)2025 | Senior Statespeople | 18 Years RankedWang 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.
S Shenghuai ZhangHai Run Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Senior Statespeople | 5 Years RankedZhang Shenghuai is a veteran in the market and well versed in domestic issuances. He has received mandates regarding private placements, MTNs and convertible bonds.
S Wei BaiJingtian & Gongcheng | Capital Markets: Debt & Equity (PRC Firms)2025 | Senior Statespeople | 18 Years RankedBai 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.
S Wei LiuGrandall Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Senior Statespeople | 15 Years RankedLiu 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.
Eminent Practitioners
E Christophe HanLlinks Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 13 Years RankedChristophe 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.
E Guanxiong WuTian Yuan Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 9 Years RankedWu 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.
E Guoquan ShenAllBright Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 9 Years RankedShen 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.
E Jianjun (Charles) GuanGrandall Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 15 Years RankedGuan 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.
E Jianjun XuDeHeng Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 11 Years RankedXu 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 a strong capability in advising issuers on domestic IPOs. Xu is also active on debt financing deals and has become increasingly active in the issuance of green bonds.
E Lizi TangKing & Wood Mallesons | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 13 Years RankedTang 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.
E Ruiming JiangMerits & Tree Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 10 Years RankedJiang 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.
E Shouchun XuMerits & Tree Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 6 Years RankedXu 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.
E Su LiuHaiwen & Partners | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 17 Years RankedLiu Su boasts a lengthy track record assisting issuers and underwriters with a wide range of capital markets transactions, including bond issuances and IPOs. He also serves as a member of the firm's management committee.
E Tiejun ShiJunHe LLP | Head of Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 18 Years RankedShi Tiejun has a longstanding presence and a well-deserved reputation when it comes to bond and equity issuances, specialising in A-share listings including those on the STAR Market. He ably advises corporates on spin-off listings.
E Tongyun LiMerits & Tree Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 3 Years RankedLi 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.
E Weiguo WangJingtian & Gongcheng | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 13 Years RankedWang 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.
E Xiaohui ZhuTian Yuan Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 14 Years RankedZhu 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.
E Yijun ChaoHan Kun Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 17 Years RankedChao Yijun is a seasoned lawyer and is 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.
Key sectorsEnergy and Utilities|Family Offices and High Net Worth|Health and Life Sciences|Technology, Media and Telecoms (TMT)|TransportE Yongliang ZhangKing & Wood Mallesons | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 11 Years RankedZhang 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.
E Zhenhua XiangJingtian & Gongcheng | Capital Markets: Debt & Equity (PRC Firms)2025 | Eminent Practitioners | 2 Years RankedXiang 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 issuances. He also regularly advises public companies on sale and acquisition matters.
Band 1
1 Anthony ZhaoZhong Lun Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 1 | 18 Years RankedAnthony 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.
1 Jeffrey DingFangda Partners | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 1 | 18 Years RankedJeffrey 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.
1 Jinrong LiuGlobal Law Office | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 1 | 18 Years RankedLiu 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.
1 Mulong GongKing & Wood Mallesons | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 1 | 13 Years RankedGong 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.
1 Xin KongCommerce & Finance Law Offices (Tongshang) | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 1 | 14 Years RankedKong 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 on high-value projects.
1 Yu YanJia Yuan Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 1 | 17 Years RankedYan 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.
Band 2
2 Aidong LouKangda Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 8 Years RankedLou 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.
2 Cheng LiGlobal Law Office | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 13 Years RankedLi 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.
2 Christine ChenFangda Partners | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 3 Years RankedChristine 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.
2 Gang WuCommerce & Finance Law Offices (Tongshang) | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 17 Years RankedWu 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-share and H-share issuances.
2 Kejun GuoZhong Lun Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 17 Years RankedGuo 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.
2 Qier TangFangda Partners | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 17 Years RankedTang 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.
2 Shuangjuan WeiHaiwen & Partners | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 6 Years RankedWei 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.
2 Siqi FuJingtian & Gongcheng | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 12 Years RankedFu 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.
2 Wayne ChenLlinks Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 14 Years RankedWayne 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.
2 Xiang GaoJingtian & Gongcheng | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 11 Years RankedGao 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.
2 Yan LiuTian Yuan Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 14 Years RankedLiu 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.
2 Yi WangJunHe LLP | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 14 Years RankedWang Yi has extensive experience handling domestic and overseas listings as well as bond issuances. He chairs the capital markets department at JunHe.
2 Yongqiang YuJunHe LLP | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 8 Years RankedYu Yongqiang is well regarded for his ability to handle complex issuance mandates on domestic and overseas markets. Market commentators highlight his skill in debt capital markets matters.
2 Zheng SuKing & Wood Mallesons | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 9 Years RankedSu 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.
2 Zhiqiang ZhangJingtian & Gongcheng | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 2 | 8 Years RankedZhang 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.
Band 3
3 Chengwei LiuGlobal Law Office | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 8 Years RankedLiu Chengwei is a capable capital markets specialist who is 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.
3 Lin SunGrandway Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 2 Years RankedSun 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.
3 Ning ZhouKing & Wood Mallesons | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 15 Years RankedZhou Ning is adept at handling both A-share and debt issuances. She is well placed to handle spin-offs in connection to listings, alongside complex M&A transactions.
3 Ping XuHan Kun Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 9 Years RankedXu Ping 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.
Key sectorsAgriculture and Agribusiness|Health and Life Sciences|Industrials, Engineering and Manufacturing|Technology, Media and Telecoms (TMT)|Transport3 Qi HuGrandway Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 9 Years RankedHu 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.
3 Qiang LiGrandall Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 2 Years RankedLi 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.
3 Shoushuang LiDacheng Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 5 Years RankedLi 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.
3 Tezhi LingJingtian & Gongcheng | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 5 Years RankedLing 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.
3 Wei GaoHaiwen & Partners | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 8 Years RankedGao 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.
3 Wei RenJingtian & Gongcheng | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 6 Years RankedRen 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.
3 Wen ZhangJia Yuan Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 12 Years RankedZhang 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.
3 Xian'an WangDeHeng Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 2 Years RankedWang Xian'an is a capital markets specialist who regularly assists with IPOs in Shanghai and Shenzhen, as well as ECM matters in relation to the Hong Kong Stock Exchange.
3 Xiaohong ZhangAllBright Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 10 Years RankedZhang 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.
3 Xiaoman ZhangCommerce & Finance Law Offices (Tongshang) | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 9 Years RankedZhang 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.
3 Xin ZangGrandway Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 7 Years RankedZang 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.
3 Xueyan JiangFangda Partners | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 9 Years RankedJiang Xueyan is the head of the equity capital markets department at Fangda Partners and has a robust practice that specialises in domestic securities issuances. She represents a number of financial institutions.
3 Yu PiaoTian Yuan Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 7 Years RankedPiao 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 variable interest entity structures.
3 Zejia ChenJingtian & Gongcheng | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 10 Years RankedChen Zejia is proficient in A-share and H-share company listings as well as note issuances. He is also capable of handling mergers and acquisitions alongside private equity financing mandates.
3 Zhe MaGrandway Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 11 Years RankedMa 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.
3 Zhengzheng HuJingtian & Gongcheng | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 8 Years RankedHu 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.
3 Zhoujun TangZhong Lun Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 3 | 3 Years RankedTang 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.
Band 4
4 Bing XueHan Kun Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 2 Years RankedXue Bing is based in Han Kun's Shenzhen office and has solid experience in overseas and Hong Kong listings, as well as convertible bond issuances. His expertise is especially welcomed by clients in the technology industry.
Key sectorsEducation|Energy and Utilities|Health and Life Sciences|Retail and Consumer|Technology, Media and Telecoms (TMT)4 Bo SuGuantao Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 6 Years RankedSu Bo has a proven track record in handling a range of capital markets matters. Her work of late includes equity restructurings and share issuances for high-profile companies.
4 Chenliang LiJunHe LLP | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 6 Years RankedLi Chenliang is a key player in the capital markets practice at the firm's Shanghai base and is regularly mandated on Hong Kong listings. He has notable skills in acting for clients from the technology and healthcare sectors.
4 Chunwei LiangJingtian & Gongcheng | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 17 Years RankedLiang Chunwei is an experienced capital markets lawyer who is known for his skilful handling of Hong Kong issuances. He handles issuances in connection with the real estate, retail and technology sectors.
4 Fangzhou BaoAllBright Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 7 Years RankedBao 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.
4 Haibo JiaZhong Lun Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 5 Years RankedJia 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.
4 Jian ZhangShihui Partners | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 4 Years RankedZhang Jian heads the capital markets practice at Shihui and attracts attention for his experience acting for major clients on listings. He continues to build his reputation by offering advice on related issues, including spin-offs and restructuring.
4 Jin WangHan Kun Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 2 Years RankedWang Jin is an experienced capital markets specialist with a particular focus on overseas public offerings. She receives mandates relating to listings on the Hong Kong and Singaporean stock exchange markets.
Key sectorsFinancial Services|Health and Life Sciences|Retail and Consumer|Technology, Media and Telecoms (TMT)|Transport4 Li WangAllBright Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 2 Years RankedWang 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.
4 Rui ZhuGrandway Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 2 Years RankedZhu Rui is a managing partner in 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.
4 Tianning MaKing & Wood Mallesons | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 3 Years RankedMa 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.
4 Xingcheng FanDacheng Law Offices, LLP | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 3 Years RankedFan 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.
4 Xinggao PanCommerce & Finance Law Offices (Tongshang) | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 6 Years RankedPan 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.
4 Yuan LiDeHeng Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 2 Years RankedLi Yuan is known 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.
4 Yuan WangJia Yuan Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 4 | 3 Years RankedWang 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.
Band 5
5 Cheng ShenAllBright Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 5 | 4 Years RankedShen Cheng is a key member of AllBright Law Offices' capital markets offering. He demonstrates expertise in handling high-profile STAR Board listings and A-share issuance matters. He is also capable of advising clients on complex equity incentives.
5 Fan WangAllBright Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 5 | 1 Years RankedWang Fan has extensive experience in domestic listings and stake acquisitions. Her expertise is particularly sought after by clients within the technology sector.
5 Hejin LiAllBright Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 5 | 1 Years RankedLi Hejin boasts an impressive track record handling a wide array of capital markets matters, including share issuances and asset restructurings.
5 Qing TanTian Yuan Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 5 | 3 Years RankedTan 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.
5 Qiwei ZhangKangda Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 5 | 1 Years RankedZhang Qiwei's core expertise lies in A-share listings and equity acquisitions. He is typically seen servicing clients in the technology sector.
5 Wangsheng LuDacheng Law Offices, LLP | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 5 | 2 Years RankedLu Wangsheng receives praise for 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.
5 Wenliang ZhangGuantao Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 5 | 1 Years RankedZhang Wenliang brings a wealth of experience in advising high-profile clients on equity transfers, corporate restructurings and bond issuances. He is also singled out for his expertise in A-share issuances.
5 Xiaoyang KangKangda Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 5 | 3 Years RankedKang Xiaoyang has a growing presence in the debt and equity issuance markets. He receives endorsements from clients for his expertise in handling domestic issuances.
5 Yangyuan FuJia Yuan Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 5 | 3 Years RankedFu 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.
5 Yaping HuangGuantao Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 5 | 2 Years RankedHuang Yaping has an established capital markets practice based in Shenzhen. She is known for her proficiency in dealing with IPO projects and convertible corporate bond issuances.
5 Yinhong LiuJincheng Tongda & Neal | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 5 | 3 Years RankedLiu 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.
5 Zhiwei HouDeHeng Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Band 5 | 6 Years RankedHou 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.
Up and Coming
U Daqian ZhangShihui Partners | Capital Markets: Debt & Equity (PRC Firms)2025 | Up and Coming | 1 Years RankedZhang Daqian is proficient in advising companies across a wide range of sectors, such as food and beverages, IT and pharmaceuticals. He is well placed to advise on both domestic and international listings.
U Guan WangZhong Lun Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Up and Coming | 1 Years RankedWang Guan is an up-and-coming partner recognised for his extensive experience in capital markets, particularly in handling domestic IPO matters across various sectors, most notably in technology.
U Huijun XiaLlinks Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Up and Coming | 2 Years RankedXia 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.
U Jing PangAllBright Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Up and Coming | 3 Years RankedPang Jing is highlighted for handling both debt and equity offerings. He is sought after for his knowledge in overseas issuances.
U Jinjin ChenJingtian & Gongcheng | Capital Markets: Debt & Equity (PRC Firms)2025 | Up and Coming | 5 Years RankedChen Jinjin is an up-and-coming partner who is adept at handling IPO mandates both domestically and internationally, with a focus on serving clients in the technology sector.
U Ming ZhangZhong Lun Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Up and Coming | 1 Years RankedZhang Ming possesses a growing practice and is active on domestic IPOs, particularly on the Shanghai Stock Exchange. She is also known for handling acquisitions and bankruptcy reorganisations, mainly within the technology sector.
U Tao ZhouGrandway Law Offices | Capital Markets: Debt & Equity (PRC Firms)2025 | Up and Coming | 1 Years RankedZhou Tao is an up-and-coming lawyer based in Shenzhen. He is well regarded for domestic issuances and is admired by clients for his industry knowledge.
U Wenxiang MengZhong Lun Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Up and Coming | 1 Years RankedMeng Wenxiang is an up-and-coming lawyer with extensive experience in capital markets, with a focus on acquisition of stakes and IPOs. He receives praise from clients for handling a range of listings on the STAR Market.
U Yuntao MaTian Yuan Law Firm | Capital Markets: Debt & Equity (PRC Firms)2025 | Up and Coming | 1 Years RankedMa Yuntao is an experienced capital markets specialist who actively handles privatisation matters and bond issuances. His clients include state-owned and red-chip companies.