Su Cheen Chuah > Deacons > Hong Kong, Hong Kong > Lawyer Profile

Deacons
5TH FLOOR, ALEXANDRA HOUSE
18 CHATER ROAD, CENTRAL
HONG KONG
Hong Kong

Work Department

Financial Services practice group

Position

Partner

Career

Su Cheen focuses her practice on assisting clients on the structuring, establishment and distribution of all types of investment funds, in both the retail funds and private funds space.

Su Cheen has represented numerous international and local fund houses in getting their funds authorised by the SFC. She has advised on a broad range of listed and unlisted funds ranging from plain vanilla equity and bond funds, UCITS to ETFs. She is also experienced in the MPF sphere, advising on establishment and authorisation of MPF schemes and approved pooled investment funds (APIFs), including assisting with post-authorisation and regulatory issues.

Her private funds experience includes advising on the structuring and establishment of offshore and onshore hedge funds, private equity funds and other alternatives, as well as on the legal issues concerning side letters, ISDA and prime brokerage agreements.

Su Cheen also handles a wide range of securities regulation and compliance matters. She regularly works with players across the fintech sector on the legal and regulatory issues of their products and offerings.

Highlights

  • Assisted a key Chinese asset manager to debut one of the first two ETFs listed on the Hong Kong Stock Exchange under the new Hong Kong-Mainland cross-listing scheme
  • Assisted a pension fund client in launching an innovative MPF investment solution, focused on dividend payments to provide members with a regular income stream upon retirement
  • Assisted a prominent global asset manager in transiting two of their existing SFC-authorised funds into SFC-approved ESG funds
  • Advised a substantial international manager on the Hong Kong regulatory implications of its SFC-authorised Irish fund ranges following its £390 million acquisition by a giant in the asset management world
  • Advised a Hong Kong based fund manager on establishing a US$60 million fund that focuses on the production and distribution of movies and concerts in Hong Kong
  • Provided regulatory advice to a US based global blockchain platform in relation to its ICO / crowdsale targeting prospective investors in Hong Kong
  • Assisted multiple clients (approximately half of the MPF providers in the industry) in setting up core funds and obtaining regulatory approval in regard to the implementation of Default Investment Strategy required by the MPFA
  • Advising and assisting a Hong Kong-based fund manager with the setting-up of a Cayman Islands technology fund
  • Advising and assisting a Hong Kong-based fund manager with the setting-up of a Cayman Islands segregated portfolio company with an initial segregated portfolio investing in Asian and US equities
  • Advising and assisting a Hong Kong-based fund manager with the setting-up of a Cayman Islands fund investing in Greater China region equities

Languages

English
Cantonese
Mandarin
Malay

Memberships

Member, Regulatory Committee of the Hong Kong Venture Capital and Private Equity Association

Education

LLM, University of Cambridge (2003)

LLB, University of Malaya (2001)

Lawyer Rankings

Hong Kong > Investment funds

Drawing upon significant market intel and also benefitting from strong ties with Hong Kong’s Securities and Futures Commission (SFC), Deacons ‘understands the Hong Kong fund market very well’, particularly in the context of retail funds. In this segment of the market, Jeremy Lam spearheads a ‘cost-effective’ team that ‘handles the majority of authorised funds in Hong Kong’, for Chinese and international fund managers. The ‘very dependable’ Su Cheen Chuah and Pinky Siu, who is able to draw from an ‘abundance of experience’, both excel in the ETF space, and are able to guide many leading sponsors through the fund life cycle, from structuring advice and stock exchange listing guidance, through to advice on marketing and distribution, as well as on post-authorisation and regulatory developments. Taylor Hui has excellent traction among Chinese stakeholders across both retail and private funds; he excels at advising PRC fund managers on fund establishment in Hong Kong and on bringing RMB investment products to the Hong Kong market.