Rising Stars

Firms To Watch: Banking and finance: PRC firms

Duan & Duan Law Firm offers a wide variety of banking and finance legal services, including handling loans, financial litigation and bankruptcy filings.
Haiwen & Partners advises major domestic and international financial institutions on matters ranging from syndicated loans to project finance, leveraged finance and the design of innovative financial products.
Long An Law Firm has a strong focus on financial litigation and arbitration, and also has a growing practice relating to debt-to-equity swaps and cross-border transactions.
Shanghai Pacific Legal advises both Chinese and international lenders and borrowers on a wide range of China-related transactions, including acquisition finance, syndicated loans and real estate finance.
Wintell & Co Law Firm‘s finance practice focuses on banking compliance, fund projects, and various types of loans, with a particularly strong focus on real estate and project finance.

Banking and finance: PRC firms in China

Fangda Partners

Fangda Partners is a market-leading firm in the banking and finance area, with a strong client base of domestic and international banks, including Bank of China, China Construction Bank, Bank of America Merrill Lynch, JP Morgan and Deutsche Bank. Practice co-head Zheng Xie has over 20 years of experience in the banking and finance field; he specialises in cross-border acquisition finance, syndicated lending, trade finance, foreign exchange and financial regulatory issues. Co-head Stanley Chen also has an active banking and finance practice, recently acting as lead partner for GLP on its onshore loan facility agreement and offshore facility agreement with CIP V Singapore Holdings. Joyce Zhou is also noted for her expertise in acquisition, debt and structured financing, while associate Harry Xu provides key support.

Practice head(s):

Stanley Chen, Zheng Xie

Other key lawyers:

Maria Wang; Joyce Zhou; Harry Xu


‘High level of partner participation, stable team, good performance.’

Key clients

Bank of China

The Export-Import Bank of China

China Development Bank

China Construction Bank

Industrial and Commercial Bank of China

Ping An Bank

Shanghai Pudong Development Bank

China Merchant Bank

JP Morgan


Deutsche Bank


Standard Chartered Bank

DBS Bank Limited




Nordea Bank

Banco de Santander

Bank of America Merrill Lynch

Wing Lung Bank

Shanghai Electrics

Boyu Capital

CVC Capital


GE Capital

Alibaba Group Holding Limited

Warburg Pincus

Morgan Stanley

CITIC Capital


China Minsheng Financial Holding Corporation

Chong Hing Bank

ICBC International Holdings Limited

Charoen Pokphand Group


Loyal Valley Capital

GLP Capital

Global Law Office

Global Law Office provides a full-service offering in the banking and finance field, covering onshore, offshore and cross-border financing work, as well as all types of banking products. Lawrence Lin specialises in acquisition finance, project finance, international syndication, and aircraft and shipping finance; he has ample experience in advising on projects for large SOEs, private enterprises and multinational corporations in a variety of industries. Lin leads the practice alongside Xin Zhang, who focuses on providing legal services for Chinese and international banks and investors, particularly in the finance, energy, real estate and natural resources sectors. Of counsel Yalin Li has experience spanning syndicated loans, project finance, export credit and cross-border loans.

Practice head(s):

Lawrence Lin, Xin Zhang

Other key lawyers:

May Liu; Minghao Xu; Kunlin Wang; Lujun Hou; Yalin Li


‘The team is familiar with the laws and regulations relating to various financing methods and has rich case experience.’

Key clients

Mitsui Banking Corporation (China) Limited

China CITIC Bank Corporation Limited Shanghai Branch

CMB Wing Lung Bank Limited Shanghai Branch

E.SUN Bank (China) Co. Ltd.

Bank of China Limited Shanghai Branch

DJ New Ease Group (Cayman) Limited


Oversea-Chinese Banking Corporation


DBS Bank Ltd.

PT Bank DBS Indonesia

Huaxia Financial Leasing Co., Ltd.

Industrial and Commercial Bank of China, Macau Branch

The Export-Import Bank of China

Work highlights

  • Acted as the PRC counsel to the IFC in relation to its loan to New China Water (Nanjing) Renewable Resources Investment Co., Ltd. (NCWI), which will be used to finance NCWI’s capital expenditure programme for the construction and acquisitions of landfill gas to energy projects.
  • Acted as PRC counsel to the IFC in relation to its loan to Pengyao Environmental Protection Co., Ltd, which will be used to finance the development and expansion of Penyao’s water and waste water treatment business in the PRC.
  • Acted as the PRC counsel to Oversea-Chinese Banking Corporation, BNP Paribas, DBS Bank and PT Bank DBS Indonesia, as the lenders, on a series of loans to the offshore subsidiaries of Lygend Resources & Technology Co., Ltd.


JunHe LLP remains at the forefront of the market, offering services in a variety of areas within banking and finance. The firm is particularly experienced in advising on bilateral and syndicated loans, acquisition and leveraged finance, and mergers and acquisitions of financial institutions, as well as project finance. Its strong client base includes prominent Chinese and international banks and financial institutions, such as Bank of China, Blackstone Group and Ping An Bank. At the head of the practice, David Liu has vast experience in advising foreign financial institutions on their investments and strategic cooperations with a variety of Chinese financial institutions, and Nelson Zhou specialises in acting for private equity sponsors and financial institutions on complex leveraged financing deals.

Practice head(s):

Nelson Zhou; David Liu

Other key lawyers:

Jun Zhou


‘The JunHe team, led by Nelson Zhou, is my go-to advisor for PRC banking and finance. The team’s knowledge of the regulations, market practice, relationship with lenders and familiarity with each lenders’ internal processes and focus areas helps them stand out and provide the most practical advice to clients.’

‘Nelson Zhou is a well-known market leader.’

‘JunHe has one of the most prominent PRC law banking teams in the market. Nelson Zhou is a technically sound lawyer who understand the complexity of cross-border acquisition financing.’

Key clients

Bank of China

Sasseur Real Estate Investment Trust

Bank SinoPac Company Limited

Blackstone Group

Ping An Bank


iQIYI, Inc.


The Export-Import Bank

United Overseas Bank, OCBC Bank (Oversea-Chinese Banking Corporation Limited.)

Work highlights

  • Assisting multiple overseas branches of Bank of China in completing multiple financings to the third largest telecoms supplier in the Philippines.
  • Advised Sasseur REIT on its parallel refinancing.
  • Advised SinoPac on the establishment of a bank consortium which assisted Morgan Stanley with completing the financing of the M&A of an orthopedic hospital and medical device company.

King & Wood Mallesons

King & Wood Mallesons‘ banking and finance practice is well known for its impressive client base of financial institutions, such as Bank of China, ICBC Wealth Management and the International Finance Corporation, but also has a strong reputation for acting as borrowers’ counsel. Feng Ma, who has a strong focus on aircraft and equipment finance but also specialises in project finance and the establishment of financial institutions, co-heads the department with Stanley Zhou, who is also deeply experienced in the practice area, with recent highlights including advising China Minsheng Bank on the financing for the privatisation of Sina Corporation. Other notable team members include Ling Wang and Stella Wang.

Practice head(s):

Feng Ma; Stanley Zhou

Other key lawyers:

Jie Chen; Ling Wang; Yinghao Lv; Stella Wang


‘King & Wood Mallesons’s team of lawyers has excellent legal research capabilities, extensive professional knowledge of the legal system of the OTC derivatives market, and a deep understanding of domestic and foreign derivatives market practices, and can respond to and meet the association’s requirements in a timely manner.’

‘The overall quality of the team is high, particularly concerning the non-partner-level lawyers, who are extremely high quality and quite outstanding.’

‘The King & Wood Mallesons team is providing our company with all-round, cross-jurisdictional, comprehensive and one-stop-shop legal services, as well as high-quality and innovative business solutions to meet the diverse needs of our company.’

Key clients

International Finance Corporation

Chindata Group

Minsheng Bank

ICBC Wealth Management Co., Ltd.,


Bank of China

China Merchants Bank

The Export-Import Bank of China

Zhejiang Geely Holding Group

Shanghai Pudong Development Bank

Work highlights

  • Advised ICBC and other lenders on a syndicated loan by way of non-recourse factoring in respect of a Comac C919 aircraft.

Zhong Lun Law Firm

Zhong Lun Law Firm is a long-time major player in the banking and financial services arena; this is reflected in its client list of major Chinese and multinational financial institutions, including China Development Bank. The firm provides advice to financial institutions on their day-to-day operations, as well as playing a prominent role in advising on corporate governance, equity financing and financial disputes. Zhisong He, who specialises in corporate governance, financial products and trusts, and Chinese mainland capital markets matters, heads the financial services sector practice; Ting Yuan leads the banking and financial services industry group; and Xinyu Liu is head of the financial innovation and fintech industry group. Borong Liu is another notable point of contact in the practice.

Practice head(s):

Zhisong He; Ting Yuan; Xinyu Liu

Other key lawyers:

Borong Liu; Wilson Wei Huo; Min Min; Dongyue Chen; Zhijie Zhang; Xiaoli Liu

Key clients

International Finance Corporation

China Development Bank

China United SME Guarantee Corporation

COFCO Trust Co., Ltd.

China Reform Securities Co., Ltd.

China Export & Credit Insurance Corporation

Shenzhen Z.S.Y. Capital Management Co., Ltd.

PICC Pension Limited

Hengfeng Bank Co., Ltd.

China Construction Bank Co., Ltd

China Merchants Bank Co., Ltd

China Guangfa Bank Co., Ltd

China Everbright Bank Co., Ltd

Ping An Bank Co., Ltd

Bank of Guangzhou Co., Ltd

Ford Automotive Finance (China) Limited

BYD Auto Finance Company Limited

Chery Huiyin Motor Finance Co., Ltd

Fortune Auto Finance Co., Ltd

Beijing Branch of China Great Wall Asset Management Co., Ltd.

China Yto Group Finance Co., Ltd.

Work highlights

  • Advised China Construction Bank Corporation on the issuance of FITS Jianpu 2022-1 small and micro business loan asset-backed securities.
  • Advised BYD Auto Finance Company Limited on the issuance of BYD Dynasty series retail auto loan asset-backed securities.
  • Advised Ford Automotive Finance (China) Limited on the issuance of Fuyuan Series retail auto loan asset-backed securities.

AllBright Law Offices

Banking and finance is a key practice area for AllBright Law Offices, which has a particular emphasis on commercial banking, insurance, trust, fund and asset management matters, bonds and securitisations, financial leasing, public-private partnerships and financial technology. The team is headed from Shanghai by Bin Sheng, who is supported by Sheng Zhang, whose areas of expertise include banking, securities and litigation, and Xianming Li.

Practice head(s):

Bin Sheng

Other key lawyers:

Sheng Zhang; Xianming Li


‘AllBright Law Firm’s banking team has excellent performance in terms of service ability, service quality and service efficiency.’

‘Sheng Zhang has a profound legal theoretical foundation. He can grasp the core of complex legal issues in the first place and offer professional judgement and legal advice.’

Key clients

Tianjin Trust Co., Ltd

Northern International Trust Co., Ltd

Bank of Tianjin Co., Ltd

Northern International Trust Co., Ltd

Binhai Construction Investment (Hong Kong) Development Co., Ltd

China Great Wall Asset Management Co., Ltd

Tianjin Urban Infrastructure Construction Investment Group Co., Ltd

China Great Wall Asset Management Co., Ltd. Xinjiang Uygur Autonomous Region Branch

Nanjing Yang Zi State-owned Investment Group

Dacheng Law Offices

Dacheng Law Offices has a strong presence in the banking and finance sphere in China. The firm offers a wide range of services, including syndicated loans, project finance, and asset-backed securitisations, as well as contentious matters involving financial institutions. Based in Xi’an, Jacky Wang is the director of the firm’s financial committee and has extensive experience of advising major financial institutions and securities companies on contentious and regulatory matters. Among the other key contacts are Wei Zhang in Beijing, Jingjing Xia in Hangzhou, and Xie Fei in Zhuhai.

Practice head(s):

Jacky Wang; Wei Zhang; Jingjing Xia; Xie Fei

Other key lawyers:

Ying Jian; Yao Zhou; Lin Zhang; Lihong Wang


‘They cover a wide range of businesses. Each team conducts in-depth research on their areas of expertise. The firm has done a good job in the digitalisation of file management.’

‘When this team handles complex projects, they can accurately understand the situation and requirements, as well as legislative trends. They integrate various laws and policies and give us a lot of help and support.’

‘The team has maintained excellent professional standards in the field of banking and finance for many years. They are familiar with cutting-edge research in this field and understand the latest developments. They can provide timely and appropriate feedback to clients.’

Key clients

Paypal Information Technology(Shanghai)Co.,Ltd.

Finance Department of Hubei Province

Guangdong Utrust Investment Holdings Co.,Ltd

Hua Life Insurance Co. Ltd

Bank of Jilin Co., Ltd.




KPMG Consulting (China) Co., Ltd


Ningxia Baota Petrochemical Group Co., Ltd

China Merchants Bank

GAC-Sofinco Automobile Finace Co., Ltd.

Xiamen Jinmeixin Consumer Finance Co., Ltd.

Mashang Consumer Finance Co., Ltd.

AVIC International Financial Leasing Co., Ltd.


China Cinda Asset Management Co., Ltd. Shanghai Branch

Ping An Bank Co., Ltd. Hangzhou Branch

Zhejiang Branch of Export-Import Bank of China

Chun’an County State-owned Assets Investment Co., Ltd.

Shanghai Boqiang Heavy Industry Group Co., Ltd


Bosi Haitai Technology Industry Development Group Co., Ltd

Xilinmen Furniture Co., Ltd

Zhejiang Jinghua Laser Technology Co., Ltd

Zhejiang Zhongying Capital Investment Partnership (limited partnership)

Zhejiang Weidun Environmental Protection Technology Co., Ltd

Zhejiang Jiuliang Education Technology Co., Ltd

Hangzhou Dongheng Petroleum Co., Ltd

Zhejiang Zheyin Financial Leasing Co., Ltd.

China Financial Leasing Co., Ltd.

Bank of Communications Financial Leasing Co., Ltd

China Construction Bank (Asia) Corporation Limited

Industrial and Commercial Bank of China (Asia) Limited

Bank of China (Hong Kong) Limited

Canadian Imperial Bank of Commerce


Fusion Bank


Industrial Bank Hong Kong Branch

Toronto-Dominion Bank

BNP Paribas

Everbright Financial Leasing Co., LTD

Work highlights

  • Assisting AVIC International Financial Leasing Co., Ltd. with issuing US $450 million of senior bonds on the Hong Kong Stock Exchange and 1.1 billion RMB bonds in the Free Trade Zone.
  • Assisting the Red Lion Indonesia East Canada Phase I with the RMB 2.15 billion syndicated project of the Zhejiang Branch of the Export Import Bank of China.

DeHeng Law Offices

DeHeng Law Offices‘ banking and finance team has strong experience of acting as lead counsel, as opposed to PRC counsel, on cross-border transactions. The firm is mainly specialised in acquisition finance and project finance matters, particularly those involving foreign governments and large lenders. Other key areas of activity include loan restructuring, sovereign loans, and interbank loans. The practice is run by Zhang Xu and Ma Kai, who are well versed in both domestic and cross-border matters. Other notable lawyers include Sisi Shen, who focuses on onshore and offshoring financing and real estate finance.

Practice head(s):

Zhang Xu; Ma Kai

Other key lawyers:

Sisi Chen; Huang Huazhen


‘DeHeng’s team of lawyers has rich project experience and unique insights in the fields of reorganisation, bankruptcy and disposal of non-performing assets. Because of this, they can adapt to the needs of diverse customers.’

‘DeHeng’s banking and finance team has excellent professional ability, a good attitude, and rapid feedback speed.’

‘DeHeng provides very professional legal opinions and can respond to emergencies efficiently. Team members can cooperate with each other to provide excellent service to customers.’

‘Huang Huazhen is an outstanding partner – very professional and experienced. He can quickly understand the business logic of the project, discover the legal risks and propose targeted solutions.’

Key clients

China Development Bank

The Export-Import Bank of China

China Export & Credit Insurance Corporation

Industrial and Commercial Bank of China Limited

Nanyang Commercial Bank (China) Limited

Bank of China (Hong Kong) Limited

Agricultural Bank of China

China Industrial Bank, Hong Kong Branch

China CITIC Bank International Limited

The Bank of East Asia, Limited

Bank of Communications

Bank of China

Shandong Gold Ming (Hong Kong) Co., Ltd.

Banco Bradesco S.A. – Hong Kong


China Life Asset Management Co., Ltd.

China Life Investment Management Company Limited

PICC Capital Insurance Asset Management Co., Ltd.

SPIC Clean Energy Fund Management Co., Ltd.

Beijing Guoshou CCCC Urban Development Investment Fund Partnership (limited Partnership)

Work highlights

  • Acting as PRC counsel to several international and domestic banks on a syndicated loan of US$423,000,000 to Bapton Company Limited for refinancing its existing financial indebtedness.
  • Acting as lead counsel and PRC counsel to ACE Investment Fund LP, as the borrower, on a syndicated loan of EUR 186,000,000 to refinance bridge loans in respect of its investment in wind power projects in Poland and Italy.
  • Acting as lead counsel and PRC counsel to a Hong Kong commercial bank’s PRC subsidiary on the RMB 80,000,000 working capital loan advanced by the client to China Tianrui Group Cement Company Limited.

FenXun Partners

FenXun Partners is supported by a worldwide network through its joint operation with Baker McKenzie, which gives the firm substantial experience in cross-border matters, particularly in project finance, syndicated loans, acquisition finance, export credit loan and receivables finance. Shirley Wang, based in Beijing, leads the banking and finance team; she specialises in advising on financing transactions. Other important names to note are Grace Chen, who has significant experience in finance projects relating to the Belt and Road Initiative, Kevin Yuan and Lucca Li.

Practice head(s):

Shirley Wang

Other key lawyers:

Grace Chen; Kevin Yuan; Lucca Li

Key clients

China Development Bank

The Export-Import Bank of China

Industrial and Commercial Bank of China Limited

China Minsheng Banking Corporation Limited

China International Capital Corporation Limited

Huixin I Fund, L.P.

China Construction Bank Corporation Sydney Branch

European Bank for Reconstruction and Development

Ping An Bank

Sumitomo Mitsui Banking Corporation (China) Limited

China Construction Bank (Asia) Corporation Limited

Industrial Bank Co., Ltd.

Industrial and Commercial Bank of China (Asia) Limited

CIMB Bank Shanghai Branch

Siam Commercial Bank Shanghai Branch

Shanghai Pudong Development Bank

Standard Chartered Bank

Guangzhou Asset Management Co., Ltd.

Huarong Ronde Asset Management Co., Ltd.

CGB Wealth Management Co., Ltd.

Bank of China Ltd., Shenzhen Branch

China Bohai Bank Co., Ltd.

Shengrong International Financial Leasing Co., Ltd.

Baofu Payment Company/Global E-payment Limited

Malaysian Industrial Development Finance Berhad

Work highlights

  • Advising the Export-Import Bank of China on the Davao-Samal Island Bridge project.
  • Advising the Beijing branch of China Minsheng Banking Co., Ltd. on the Manila Waterfront City reclamation financing project.
  • Acted as PRC counsel and lead counsel to two PE funds, as lenders, on dual-currency loans to a Hong Kong company, as the borrower, for on-lending to an Indonesian company to support a stainless steel project in Indonesia.

Han Kun Law Offices

Han Kun Law Offices' sizeable banking and finance team acts for a strong client base of banks, investment companies and insurance companies, in addition to an impressive roster of airlines including Air China, China Southern Airlines and China Eastern Airlines. The practice is headed by Shu Wang, who has extensive experience in advising Chinese and international banks on market access for new products and compliance issues affecting foreign banks' daily operations in China, Yin Ge and Rong Fang. Financial regulatory specialist Tiecheng Yang is another name to note.

Practice head(s):

Shu Wang; Yin Ge; Rong Fang

Other key lawyers:

Tiecheng Yang; Zhu Jun; Yi Ding; Sherry Si


‘Compared with their peers, the lawyers of Han Kun’s team are very professional, dedicated, capable, efficient and considerate of clients.’

‘Strong professional ability, high service level, great proficiency in English, and the teamwork is very strong. They provide customers with high-quality legal services.’

‘Yin Ge has keen business insights and an outstanding professional background. She not only has a high level of efficiency in her work, but also has strong communication skills. In addition, she actively participates in many exchanges and cooperation with industry regulators, offering advice and suggestions to promote the business of financial institutions.’

‘Han Kun provides good partner participation and a stable team.’

‘Wang Shu and Yi Ding are very professional and capable. They can provide clients with legal advice that is both professional and in line with their needs.’

‘Professional and responds quickly.’

‘Han Kun is always up to date with regulations and therefore able to give pragmatic legal opinions according to changing regulatory policy requirements.’

‘The team is one of the oldest and most professional law firms in China’s aircraft leasing industry.’

Key clients

Standard Chartered Bank


United Overseas Bank (China) Ltd.



Source Code Capital

Crédit Agricole CIB (China) Limited

Tradeweb Markets LLC




BOC Aviation

ICBC Financial Leasing

CCB Financial Leasing

ABC Financial Leasing

China Eximbank

High Ridge Aviation

Macquarie AirFinance

SF Airlines

China Southern Airlines

China Eastern Airlines

Air China

Shenzhen Airlines

Aircraft Recycle International


Carlyle Aviation Partners

CMB Financial Leasing

State Power Investment Group Jiangsu Power Co., Ltd.

Youchao Housing Rental (Shenzhen) Co., Ltd.

Zhangjiang Group

Jiangsu Communications Holdings Co., Ltd.

Gezhouba Group Transportation Inverstment Co., Ltd.

Zhejiang Expressway Co., Ltd.

Xinghe Industry (Shenzhen) Co., Ltd.

State Power Investment Group Aluminum Power Investment Co., Ltd.

State Power Investment Group Hainan New Energy Investment Co., Ltd.

Pingan Trust Co., Ltd

Taikang Life Insurance Co., Ltd.

Sunshine Life Insurance Corporation Limited

Taiping Life Insurance Co., Ltd.

China Pacific Life Insurance Co., Ltd.

Huatai Securities (Shanghai) Asset Management Co., Ltd

ICBC Credit Suisse Asset Management Co., Ltd.

CITIC Securities Co., Ltd.

China Resources Land Limited

CCCC Investment Company Ltd.

Shenzhen Fengtai E-commerce Industrial Park Asset Management Co., Ltd

BLOGIS Holdings Limited

China International Capital Corporation Limited

DNE Group and Shanghai Lingang Economic Development (Group) Co., Ltd.

Guangzhou Communications Investment Group Co., Ltd.

Everbright Securities Co., Ltd.

Pingan Securities Co., Ltd.

Zhongtai Securities Co., Ltd.

Huatai United Securities Co., Ltd.

China Metallurgical Group Corporation

New China Life Insurance Co., Ltd.

Everbright Xinglong Trust Investment Co., Ltd.

Shanghai Yixin Financing Lease Co., Ltd.

Shenzhen Jingzheng Commercial Factoring Co., Ltd.

Jihui Information Service Co., Ltd.

Work highlights

  • Represented both China Eastern Airlines and CES International Financial Leasing in the finance lease and syndicated financing of one Comac C919 aircraft.
  • Representing Avolon in a debt repayment in stock transaction with Hainan Airlines with respect to 23 aircraft.
  • Advised China Eastern Airlines on financing the repurchase of aircraft.

Jingtian & Gongcheng

Jingtian & Gongcheng has a well-established banking and finance department that provides traditional services, such as advice on international commercial loans, syndicated loans, and general legal issues affecting financial institutions, but also covers issues such as shipping and aviation finance and the resolution of complex financial disputes. Practice head Jiejiang Wu is experienced in representing both domestic and international banks in cross-border financing and providing other legal services. He is supported by a strong team including Zhirong Zheng, Guobing Ren, and Hongjiu Zhang.

Practice head(s):

Jiejiang Wu

Other key lawyers:

Zhirong Zheng; Guobing Ren; Hongjiu Zhang; Zhang Lei


‘Zhang Lei from Jingtian & Gongcheng is an expert and very experienced in the banking and finance area. He has been very responsive and very patient when explaining things with lenders.’

Key clients

The Export-Import Bank of China

Industrial and Commercial Bank of China

China Minsheng Banking Corporation

China Merchants Bank

Shanghai Pudong Development Bank

Ping An Bank

China Export & Credit Insurance Corporation

Standard Chartered Bank

United Overseas Bank

Cathay United Bank(Taiwan)

Bank SinoPac(Taiwan)

Fubon Bank

China Huarong Asset Management

Bank of China Limited

China Development Bank

Bank of Communications

Evergrowing Bank Co., Ltd.

Work highlights

  • Advised Bridge Trust Co., Ltd. on issuing a number of renewable equity investment trust plans.
  • Assisted Bridge Trust Co., Ltd., China Credit Trust Co., Ltd., and Hwabao Trust Co., Ltd. with issuing a number of loan trust plans funded by insurance funds.
  • Advised Bank of Communications Co Ltd as part of a syndicate of banks providing financing to Bilibili for the development of a complex industrial zone in Shanghai.

Guantao Law Firm

Guantao Law Firm provides legal services to a wide range of banks and financial institutions, including the establishment of institutions, cross-border projects, assisting foreign financial institutions with access to the PRC market, swap, trust and insurance transactions, and policy and syndicated loans. Weihong Tan is the head of the firm’s financial innovation group. Other names to note include Wei Jiang, who has significant projects expertise.

Practice head(s):

Weihong Tan

Other key lawyers:

Liqiu Lyu; Ying Yin; Carl Liu; Wei Jiang

Key clients

Bank of Dalian Co., Ltd.

China Life Investment Management Company Limited

Wuxi Chengfa Commercial Factoring Co., Ltd.

The National Trust Ltd.

China Fortune International Trust Co., Ltd.

Everbright Xinglong Trust Co., LTD

Shenzhen Central District Sub-branch of Bank of China

China Jingu International Trust Co., Ltd.

Work highlights

  • Advised Bank of Dalian Co Ltd on the issuance of undated Additional Tier 1 capital bonds.
  • Advised China Life Investment Management Company Limited on the China Life Investment-Caohejing Industrial Park equity investment plan to purchase 15.62% equity in Shanghai Caohejing Hi-Tech Park Development Co.
  • Advising Wuxi Chengfa Commercial Factoring Co Ltd on the Huajin-Wuxi Chengfa Factoring Receivables Phase 1-10 Asset Backed Special Plan through which Huajin Securities Co Ltd will purchase basic assets from the client.

Hai Run Law Firm

Hai Run Law Firm has multiple branches across China, fielding a sizeable team which advises on loans and financing, export credit, the disposal of non-performing assets, financial leasing, asset securitisations and fintech. The firm’s impressive client roster includes the Agricultural Bank of China, the Export-Import Bank of China and China Minsheng Bank. Jinlong Zhou is the senior partner and founder of the firm, with experience of advising state-owned policy banks and commercial banks, and national joint-stock commercial banks.

Practice head(s):

Jinlong Zhou

Other key lawyers:

Huanwei Zhang; Mei Fang

Key clients

Agricultural Bank of China

The Export-Import Bank of China

Industrial Bank

China Minsheng Bank

Xuanwu Subbranch of Agricultural Bank of China

China Technology Exchange

Xicheng Subbranch of Agricultural Bank of China

Jincheng Tongda & Neal

Jincheng Tongda & Neal's growing banking and finance practice provides a one-stop-shop offering for banks, securities companies, insurance companies and other financial institutions with regard to acquisition financing, leveraged and asset-based financing, and syndicated lending. The team is headed by Elsie Shi, whose practice focuses on insurance-related matters, with support from Jiangxia Lu, whose recent workload includes advising financial institutions on bond issuances.

Practice head(s):

Elsie Shi

Other key lawyers:

Jiangxia Liu; Jiaping Ye


‘Jincheng Tongda & Neal’s team has rich experience in asset securitisation and structured financing.’

‘The team has a number of senior lawyers who can set up a special legal service project team according to the company’s business needs. They can organise and deploy the resources of head offices and branches in various regions to maximise the satisfaction of clients’ legal service needs.’

‘The Jincheng Tongda & Neal team has sufficient personnel and responded to our company’s needs in a timely manner. The team has rich experience and can provide professional, comprehensive and practical legal opinions on project-related issues and legal risks.’

Key clients

Bank of Communications

China Construction Bank

Bank of Nanjing Co., Ltd.

China Wanxiang Holding Co., Ltd


Hangzhou Golden Investment Bank Network Small Loan Co., Ltd.

Zhangjiagang State Owned Capital Investment Group Co., Ltd.

Zhengzhou Metro Group

Jianxin Insurance Asset Management Co., Ltd

Jiangsu Nanjing Pukou Economic Development Corporation

Guoshou Investment Insurance Asset Management Co., Ltd.

JunZeJun Law Offices

JunZeJun Law Offices offers banking and finance services to a wide range of financial institutions, including commercial banks, trust companies and securities companies. The firm has a strong focus on the areas of trusts, securitisations and financial derivatives. The practice is headed by Xiangchun Zhong, whose areas of expertise include financial asset management and project investment and financing, Yunbo Li and Wenhua Liu.

Practice head(s):

Xiangchun Zhong; Yunbo Li; Wenhua Liu

Other key lawyers:

Xiuming Tao; Xiaolian Bao


‘Xiangchun Zhong’s team is extremely professional and has a strong innovative spirit in the financial field. The team members work well together and the support for clients is strong.’

‘Xiangchun Zhong and the other team members have strong academic backgrounds and outstanding working abilities. They can solve problems for any organisation.’

Key clients

CMBC Wealth Management Co., Ltd.

Shijiazhuang Branch of Hua Xia Bank Co., Limited

Yingkou Bank Corporation, Ltd.

Bank of China Limited

Chang Chun Railway Traffic Group Co., Ltd.

Yunnan Provincial Government

Work highlights

  • Acted as PRC counsel to Bank of China on Project Atlantic, the first green bond issued by Chinese-funded financial institutions in Africa, and Project Evergreen, the first sustainable development bond for a Chinese institution in Australia.
  • Advised CMBC Wealth Management Co Ltd on its establishment in China.

Llinks Law Offices

Llinks Law Offices handles both domestic and cross-border financial transactions, in addition to regulatory issues, benefitting from strong working relationships with the relevant government institutions. Recent areas of activity include project and real estate finance. Key names to note include pracrice head Sandra Lu , and Raymond Cai, who has experience in financing, investment and asset management, and financial disputes, Elva Yu, who has notable expertise in funds matters, and Michael Mei.

Practice head(s):

Sandra Lu

Other key lawyers:

Raymond Cai; Elva Yu; Michael Mei

Key clients

Shanghai Bonghui Commercial Factoring Co., Ltd.

Shanghai Pudong Development Bank Co., Ltd.

Beijing Jingdong Century Trading Co., Ltd.

Shanghai Electric (Group) Corp.

Xiamen International Trade Group Co., Ltd.

ICBC Financial Assets Investment Co., Ltd.

Xiamen ITG Group Corp., Ltd

Tengan Fund Distribution(Shenzhen) Co., Ltd

Work highlights

  • Advised a number of domestic banks, led by Bank of China Shanghai Luwan Sub-branch as mandated lead arranger, on the financing for the Huangpu 122 Neighbourhood Renewal, an urban renewal project in Shanghai.
  • Advised a number of domestic banks led by Bank of China Shanghai Pudong Development Zone Sub-branch on the real estate development financing for Phase III (A2) of the Star River development in the Minhang District in Shanghai.
  • Advised Chong Hing Bank Limited, Shanghai Branch and Chong Hing Bank Limited on a financing provided to Shanghai Zhiyou Industrial Development and Euromate Investments (Asia) Limited.

Tian Yuan Law Firm

Tian Yuan Law Firm has longstanding experience of advising on banking, trusts, insurance, securities, funds, and other financial and asset management matters. Wei Xu , who has particular expertise in financings in the insurance sector, leads the team with Zaizai Huang, an expert in asset management and securitisation, and infrastructure and project financing. Other key lawyers at the firm include Song Shuang and Xiaodong Zhu.

Practice head(s):

Wei Xu; Zaizai Huang

Other key lawyers:

Song Shuang; Xiaodong Zhu

Key clients

China Construction Bank Anhui Branch

CRCC Treasury Management (Hong Kong) Limited

Sheng Jing Bank

The Export-Import Bank of China

East & Concord Partners

East & Concord Partners’ banking and finance practice divides its offering into traditional banking services, such as syndicated loans, fund establishment and note issuances, and legal services for financial institutions. The practice is headed by Dorothy Xing, whose clients include banks, trusts, funds and securities companies, Xuan Zhang and Jian Kang.

Practice head(s):

Dorothy Xing; Xuan Zhang; Jian Kang


‘Outstanding professional ability, enthusiastic about industry development, actively contributing wisdom and strength.’

‘East & Concord Partners have a solid theoretical foundation and rich practical experience. They put customers first, work conscientiously and responsibly, and ensure efficiency. They actively introduce new technologies to assist in business development and improve work efficiency.’

‘The banking and finance team has a good understanding of the operating mechanism of banks and insurance companies, as well as financial companies’ business considerations.’

Key clients

China CITIC Bank Co., Ltd.


Huaxia Bank Co., Ltd.

Guomin Pension & Insurance Co., Ltd.

Beijing Capital Eco-Environment Protection Group Co., Ltd.

Fullgoal Fund Management Co., Ltd.

China International Capital Co., Ltd.

CICC Fund Management Co., Ltd.

China Orient Asset Management Co., Ltd.

Lantai Partners

Lantai Partners provides legal advice to a wide variety of clients, including Chinese government institutions, domestic and foreign banks, and development finance institutions, operating from multiple offices in China. The team is jointly led by Guang Yang, Qiang Yang, Xiaomin Yao, and Qing Wang, all of whom are based in Beijing.

Practice head(s):

Guang Yang; Qiang Yang; Xiaomin Yao; Qing Wang

Key clients

The People’s Bank Of China

China Citic Bank Corporation Limited

China Development Bank

Agricultural Bank Of China Limited

China Construction Bank Corporation Limited

Citic Aibank Corporation Limited

Bank Of Langfang

Shanghai Pudong Development Bank

Evergrowing Bank Co.,ltd.

China Bohai Bank Co., Ltd

Bank Of Beijing Co., Ltd.

Postal Savings Bank Of China

Citic Trust Co.,ltd.

China Credit Trust Co., Ltd.

Yingda International Trust Co.,ltd.

Minmetals International Trust Co.,ltd.

China Jingu International Trust Co.,ltd.

Great Wall Xinsheng Trust Co., Ltd.

Shenzhen Qianhai Yuanming Asset Management Co., Ltd.

Sdic Unity Capital Co., Ltd.

Bohai Life Insurance Co., Ltd.

Abc Wealth Management Co., Ltd.

Huida Asset Management Ltd. Co.

Union Life Insurance Co., Ltd.

China United Insurance Group Company Limited

The People’s Insurance Company (group) Of China Limited

Ccteg Financial Leasing Co., Ltd.

Beijing Fangshan Xincheng Investment Co., Ltd.

New China Fund Management Co.,ltd.

China Sdic Gaoxin Industrial Investment Corp. Ltd.

Guoxin Group Finance Co., Ltd.

China Aviation Oil Group Finance Co., Ltd.

Union Asset Management Corporation

Cnnc Industry Fund Management Corporation

Minmetals Sinoyang Investment

Work highlights

  • Advising China Development Bank on setting up a 360 billion yuan infrastructure investment fund project.
  • Advised a bank on a special debt restructuring project for a real estate enterprise in Guangdong, Hong Kong and Macau.
  • Advised a bank on the financing for an M&A project.