Firm Profile > Ashurst > Hong Kong, Hong Kong
11/F JARDINE HOUSE
1 CONNAUGHT PLACE
CENTRAL HONG KONG
Ashurst > The Legal 500 Rankings
Ashurst is noted for its expertise in derivatives, structured finance, and securitisation; with vast experience in multi-jurisdictional transactions and regulatory matters. The practice specialises in derivatives, including OTC cleared and exchange-traded derivatives, and has a strong presence across Greater China. It also advises on fixed income and structured credit; and structured equity financings and margin loans. The firm leverages mandates from large international banks, regional banks, and financial institutions such as securities houses. Beijing-based Patrick Phua heads the team. Peter Kwon heads the securitisation practice and is experienced in large cross-border matters. Jonathan Chapman is a new addition to the team.
Capital markets (debt) Tier 3
Ashurst is well-regarded for its advice to issuers, underwriters, sponsors, lenders, trustees, agents and credit enhancement on a broad range of debt capital markets matters. The team has strong support from the finance department which provides expertise in banking, derivatives, regulatory, restructuring and structured finance. With Mandarin, Cantonese, English, Korean, Japanese in the team, it is well-positioned to handle matters across Asia-Pacific. The practice is headed by Sydney-based Jamie Ng and Beijing-based Patrick Phua . Key practitioner Jini Lee acts for corporate issuers on international mandates. Nigel Pridmore is recommended. Melody He-Chen joined as partner from DLA Piper.
‘They are highly professional and have been very helpful on our work’.
‘The team posses in-depth knowledge of the debt market and can thus provide constructive advice’.
‘Jini Lee and her team provide excellent services’.
Bank of China Limited, Macau Branch
The Macau Chinese Bank Limited
Luso International Banking Limited
Industrial and Commercial Bank of China (Macau) Limited
China Construction Bank Corporation Macau Branch
CEB International Capital Corporation Limited
CNCB (Hong Kong) Capital Limited
Huajin Securities (International) Limited
ICBC International Securities Limited
Ping An of China Securities (Hong Kong) Company Limited
Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch
CCB International Capital Limited
China Industrial Securities International Brokerage Limited
Capital markets (equity) Tier 3
Ashurst is well-regarded for handling IPOs and other ECM transactions for investment banks and financial institutions, as well as businesses in the pharmaceutical, biotech, digital economy, infrastructure, and energy and natural resources sectors. Areas of focus include entitlement offers, equity subscriptions, rights issues, private placements, block trades and buy backs. Head of practice Frank Bi is experienced in global transactions and compliance matters. Melody He-Chen, who recently joined from DLA Piper, jointly heads the team and focuses on securities offerings. Stuart Rubin is the name to note in London. Counsel Li Jiang is dual-qualified in the State of New York and Hong Kong.
Other key lawyers:
‘Ashurst provides high quality, efficient and commercial solutions to clients that facilitates the smooth execution of transactions’.
‘The team is responsive and communicates effectively’.
‘The level of dedication at the senior level from Ashurst is excellent’.
‘Stuart Rubin is very hands-on and dedicated as a senior partner’.
‘Stuart Rubin has good commercial sense and a deep understanding of international capital markets and investment banks’.
Investment banks such as Goldman Sachs, Citi, Credit Suisse, UBS, Nomura, BofA Merrill Lynch, Nomura, etc.
Panda Green Energy Group Limited
Kintor Pharmaceutical Limited
Corporate (including M&A) Tier 3
Ashurst has an integrated team across Beijing, Hong Kong and Shanghai, under the leadership of Sydney-based Mark Stanbridge. It handles high-profile cross-border M&A and has noted experience in the banking sector, enabling it to leverage finance and capital markets expertise to support M&A transactions. Key client sectors include energy and resources, infrastructure, mining, retail and consumer, digital economy and venture capital. Managing partner of the Hong Kong office, Joshua Cole handles M&A and joint ventures across Asia. John Kim heads the Korea desk from Hong Kong. Melody He joined as partner from DLA Piper.
Hyundai Motor Group
Panda Green Energy Group Limited
CCB International Asset Management Limited
Choi Shun Investment Limited
BGC Partners and Ed Broking (Hong Kong) Limited
Macquarie Capital and Covanta Energy, LLC
Investment funds Tier 3
The investment funds practice at Ashurst focuses on private close-ended funds across all alternative asset classes. It is particularly experienced in regulated industries such as real estate, infrastructure and energy. The team is well-placed to advise institutional investors on cross-border investments into private funds in Asia, with an integrated team spanning Hong Kong, Singapore and London. Dean Moroz, who heads up the team in Hong Kong, focuses on asset management and advises sponsors, first time fund managers and niche fund managers on the structuring and establishment of open and closed-ended funds.
Other key lawyers:
‘Commercial and pragmatic team’.
‘Willingness to solve a problem’.
‘Dean Moroz is technically strong, yet pragmatic and commercial’.
Alberta Investment Management Company
APG Strategic Real Estate Pool N.V.
Asia Summit Capital
Delta Capital Myanmar
Heitman Asia-Pacific Property Investors AIV, L.P.
Mitsui Alternative Investments
PGGM Vermogensbeheer B.V.
Provest Holdings Ltd
PT Sarana Multi Infrastruktur (Persero)
Regulatory Tier 3
Ashurst houses a 'strong financial services regulatory practice'. The team provides 'commercial and pragmatic advice' across a broad range of contentious and non-contentious regulatory matters. James Comber heads up the contentious side of the practice, while the 'very knowledgeable' Ben Hammond leads on the non-contentious side. In 2019 Stephanie Chan joined Reed Smith Richards Butler as a partner.
‘Ben Hammond is our premier go-to lawyer for all regulatory matters in Hong Kong. Brilliant, yet approachable, Ben has an outstanding wealth of knowledge and is always up to date on all the latest developments in this field. I cannot recommend him more highly‘.
‘Ben Hammond – very knowledgeable on Hong Kong regulatory matters, complemented with a good understanding of global regulation and a sensitivity to the pressure points of large financial firms‘.
‘Ben Hammond is affable and approachable. No question is too small for him. He explains things in a manner that is easily understood‘.
‘Ashurst has always had a superior level of client service compared to other firms. They are always responsive and a pleasure to deal with‘.
Huiyin Smart Community
TMT Tier 3
Led by corporate partner Joshua Cole , Ashurst is best-known for its M&A-related work in the TMT sector. The team's ability to leverage additional resources on the ground in numerous key Asian jurisdictions, ensures that it is able to provide a one-stop-shop service on mandates involving multiple jurisdictions in the region. This was underscored by Cole's representation (alongside numerous lawyers based out of Singapore) of Hyundai in relation to the establishment of a $4bn autonomous driving joint venture with Aptiv Plc. Counsel Hoi Tak Leung is also a key member of the team, and combines commercial contracts, regulatory and IP expertise to effectively serve the needs of fintech-related and emerging technology clients.
Banking and finance Tier 4
Ashurst acts for leading international and regional financial institutions, alternative credit providers, multinational corporate borrowers, issuers and government agencies on a range of banking and finance deals. Areas of expertise include multi-jurisdictional project financing, real estate financing, margin loans, structured lending, fund financing and acquisition financing. The team is headed by Sydney-based Jamie Ng and Beijing-based Patrick Phua. The key names to note in Hong Kong are Eric Tan and Daniel Lau.
‘Partners drawn from other market leading practices, with significant experience across a variety of debt financing structures’.
‘Eric Tan has significant experience across a variety of financing structures and is one of the few senior lawyers in this space who is fully bilingual’.
‘Eric Tan is very proactive and hands on in approach, very pragmatic and commercially minded’.
‘Helpful and good knowledge about financing transactions’.
‘Eric Tan is one of those rare people who can get down in the weeds and work on the details, but still see the big picture’.
‘Flexible billing which delivers value for money in respect of services provided’.
‘They have the ability to execute and turn around documents within tight timeline’.
‘Eric Tan has been helpful and provides practical advice for challenges’.
CMB International Finance Limited
CSI Finance Limited
Shenwan Hongyuan Capital (H.K.) Limited
Tai Fung Bank Limited
CM Wealth Holdings Limited
BOCOM International Asset Management Limited
CMBC Capital Finance Limited
China Everbright Finance Limited
Jiangsu Shagang Group Company Limited
Orange Sky Golden Harvest Entertainment Company Limited
Zao “Baltic Pearl”
China Construction Bank (Asia) Corporation Limited
Haitong International Securities Company Limited
Fortune Ocean Asset Management Limited
At Ashurst, recent highlights for the 'strong, commercially minded and flexible' team include successfully representing Grand City Capital Investment in a high-profile dispute with Frontier Investment Partners and Hong Kong Airlines Consultation Service (HKACS) regarding the client’s acquisition from Frontier of a 34.16% stake worth HK546m in Hong Kong Airlines Holdings. Practice head James Comber is 'pragmatic and knowledgeable'. In 2019 Stephanie Chan moved to Reed Smith Richards Butler; senior associate Benjamin Ng joined from DLA Piper in 2020.
John Kim leads Ashurst's Korea practice group from the Hong Kong office. The team is known for handling a diverse range of M&A matters, particularly those involving multijurisdictional outbound acquisitions and investments, among other transactions. The firm acts for many of the largest Korean conglomerates, with notable expertise in the mobility services and pharmaceutical industries. In a recent highlight, Kim, Huiyeon Kim, In Kim and associate Woo Kim acted for the Hyundai Motor Company on its circa $1.6bn investment into a vehicle manufacturing plant in Indonesia. Peter Kwon is also recommended.
‘John Kim and his team really know what they are doing with respect to complex cross-border, high-value matters.‘
‘They really know how to execute complex outbound matters whilst keeping the client comfortable throughout the process.‘
‘They always come up with excellent solutions in a timely manner and can be trusted to run and close deals despite challenging circumstances.‘
‘They are at the top of the game when it comes to understanding needs of Korean clients and addressing such concerns in advance – it’s remarkable what they are doing in the Korean legal market.‘
Hyundai Motor Company
Kia Motors Corporation
Hyundai Steel Company
Mirae Asset Global Investment
Hana Asset Management
CJ Cheiljedang Corp
Ashurst's 'unique' dedicated securitisation and structured finance team is known for its focused advice on a number of key areas, namely securitisation, derivatives, debt capital markets and covered bonds. The firm receives instructions from a diverse client base, which includes leading international banks (such as HSBC and Goldman Sachs), notable Korean banks and other financial institutions. Beijing-based partner Patrick Phua heads up the global markets practice in Asia. In Hong Kong, Peter Kwon takes the lead on securitisation matters, while Christopher Whiteley acts as the lead partner on multiple cross-border securities and derivatives transactions in relation to Korea.
‘The Ashurst team is unique for its structured finance and derivatives work.‘
‘Peter Kwon has been doing some of the most significant cross-border deals originating from Korea for around 20 years.‘
‘In-house lawyers in Korea regard the Ashurst team very highly.‘
KB Securities and Hangang Asset Management
Korea Development Bank, the European Investment Bank and the Govenor and Company of the Bank of Ireland
HSBC Hong Kong
Goldman Sachs Hong Kong
Export Import Bank of Korea and KEB Hana Bank
Top Tier Firm Rankings
Top Tier Firm Rankings
- Structured finance and securitisation
- Capital markets (debt)
- Capital markets (equity)
- Corporate (including M&A)
- Investment funds
- Banking and finance
- Dispute resolution: litigation