The firm is actively involved in securities offerings in both equity and debt markets. We have experience in various transactions, including :

• stock exchange listings / flotations
• initial public offers
• bonds and debenture issues
• establishment and listing of mutual funds
• advice on all aspects of securities laws

From 199l, our lawyers have acted as Chinese legal counsel to underwriters or issuers involved in the listing of more than 100 companies on the stock exchanges in Shanghai, Shenzhen, Hongkong, Singapore, London and New York. Meanwhile, we have served as counsel to Chinese companies and financial institutions in debt offerings in the Eurobond market. The firm has established a reputation as the market leader since the launch of the capital markets in China.

We continue to be at the forefront of innovation and expansion of the boundaries of the capital market regime in China. The firm has recently been involved in convertible bonds and securitisation transactions and other new products in the capital markets of China.

We have extensive experiences in providing our services in connection with financing unlisted companies. Our clients include private equity funds, venture capitalists, strategic corporate investors, as well as those unlisted private business entities or start-up teams.
Our strength in public equity sales and offering also provides an advantage for our clients in securing an exit of their investments in the future. Our services cover such financings at different stages:

• seed financing
• start-up financing
• subsequent equity financing at several rounds
• bridge loan arrangements

We have been a pioneer in providing services to the players in the private equity market that has been burgeoning in China very recently. We have also been recognized as a market leader on account of our accumulated deal experiences as well as market exposure in this area.

As one of the core practices of the firm, our services cover the full range of commercial transactions for corporate entities, including:

• company formations
• mergers and acquisitions
• company restructures
• company disposals
• variations of capital
• de-mergers
• joint ventures
• management buyout

Our corporate group also advises clients on labor law, taxation, distribution and agency relationships, intellectual property, pension funds, environmental protection, customs laws, technology transfer and licensing, foreign exchange and accounts management, franchising and other commercial matters.

We advise international clients on establishing a presence in China, via joint ventures or wholly-foreign-owned companies or representative offices. As a commitment of the firm in this area, we play an active role in the localization process of multinational companies. The firm serves as an outside counsel to many multinationals which have investments in China, dealing with their various commercial and operational requirements arising from either project development or day-to-day operation. The firm frequently works for foreign companies of various sizes and industries, helping them understanding the existing legal framework of China and securing their interests under such a system. We pride ourselves on our achievement of assisting our clients to avoid the high risk of the emerging market in China and helping to achieve their investment targets.

As a leading practice in this area, the firm advises banks and other financial institutions, corporate borrowers and credit enhancers on all types of banking and financing transactions, as well as regulatory works. We advise our clients on:

• various commercial lending
• syndicate credit facilities
• various security arrangements
• off-balance sheet and tax driven financing
• export credit
• trade financing
• swap and other hedging arrangements

We currently act as the legal advisor to most of the leading domestic banks and other financial institutions. We also represent a large number of other international and domestic banks, financial institutions and other commercial lenders operating in China.

As part of our banking practice, our banking and corporate lawyers have broad experience in corporate rescue and insolvency works, which include debt and corporate restructuring, liquidation and other insolvency related works.

As a strong commitment of the firm to the infrastructure development in China, we have been actively involved in a large number of infrastructure developments in both the coastal area and inland of China. We act for sponsors, lending banks and governmental agencies on structuring and financing of a variety of projects which include:

• power generation projects
• tunnels, bridges and roads
• telecommunications
• industrial plants
• oil, gas and other natural resource projects

The firm's experience in banking, capital markets and other commercial areas enables our project finance lawyers to be able to deal with the most comprehensive structure of project finance transactions, among others, the exciting development of securitisation in the project finance sector.

Our commercial property group handles a broad spectrum of commercial property work mainly for overseas companies and developers. We have been involved in the areas of:

• land use rights issues
• buying, selling and leasing of property in connection with various businesses
• development of commercial, residential and industrial property
• construction and civil engineering
• city planning

We also have a wide experience in conveyancing for various properties in both domestic and overseas markets.

The practice of the firm in this area has grown rapidly in recent years. Our litigation lawyers are experienced in handling various types of dispute resolution either by litigation in Chinese courts or by arbitration in the China International Economic and Trade Arbitration Commission and other arbitration tribunals.

We have also been involved in assisting clients to apply for enforcement of foreign judgments or arbitration awards within the territory of China.

The practice areas of litigation and arbitration mainly include disputes arising in joint ventures, construction, corporate governance, securities, corporate dissolution, international trading, banking, financial derivative transactions and shipping.

The practice areas of litigation and arbitration mainly include disputes arising in joint ventures, international trading, banking, financial derivative transactions and shipping.

We have been concentrating on the field of intellectual property and providing service for the registration and protection of trade marks, patents and copyrights. Instructions are received not only from local designers, inventors and manufacturers but also from clients and professional colleagues throughout the world in connection with the protection of such rights in the PRC.

We also handle technology and know-how transfer, licensing and protection of confidential information in the PRC. Litigation involving intellectual property is undertaken by our litigation department in conjunction with our intellectual property lawyers.

We provide advice on the commercial and regulatory aspects of the telecommunications, media and Internet regime. We act for telecommunication carriers, service providers and content providers, as well as companies in the Internet infrastructure, telecommunication and broadcasting industries. We advise on a variety of matters including interconnection arrangements, licensing, outsourcing contracts, electronic commerce, advertising, logistics and intellectual property issues as well as the legal impact of the information technology development, the industry evolvement and the government regulatory changes.