Commerce & Finance Law Offices > Beijing, China > Firm Profile
Commerce & Finance Law Offices Offices
12-14th Floor, China World Office 2
No. 1 Jianguomenwai Avenue
Commerce & Finance Law Offices > The Legal 500 RankingsCommerce & Finance Law Offices is truly full service, advising on disputes relating to equity transfer, securities, real estate, torts and IP. The firm recently established a Chengdu practice (adding to its existing presence in Beijing, Shanghai and Shenzhen) thus increasing its offering to clients in Southwest China. Practice head Hongji Li, in addition to acting as an arbitrator for many of the leading arbitration institutions, advises clients on disputes relating to the maritime, international trade and corporate sectors. Qiang Cui is another key name and works extensively with the region’s largest financial institutions, including China Construction Bank and China Industrial Bank.
Other key lawyers:
Qiang Cui; Jialu Wang; Xiaoming Guo
‘It is the most reassuring team in litigation, able to deliver the right solution at the moment the client needs it. All the team members are legal problem solvers. In recent years, the team strengthened its understanding of business logic and combined it with legal solutions so that clients can feel their sincerity in service. Professional/focus is their advantage, and flexible fee arrangement for clients further distinguishes them from other peers, and is definitely our preferred partner.’
‘Hongji Li and Qiang Cui are able to provide the most suitable solution. They are not only legal service providers but also business partners and consultants who can be absolutely trusted.’
‘The team has strong cooperation ability, clear division of labour, and can quickly complete a job through mutual knowledge. In addition, the team is very professional with rich practical experience. All team members are proficient in analysing and solving legal problems and is able to simplify complex problems. Both legal clients and non-legal clients can quickly get the idea of solving problems through communication with the team.’
‘Commerce & Finance is able to dispatch resources to solve various legal problems, understand client needs and ensure business continuity.’
‘Jialu Wang is good at communication and provides a good service.’
‘The team members are a combination of old and young. Case charges are appropriate, which will be based on the complexity and workload-specific judgement, and will never ask for exorbitant prices. In recent years, more attention has been paid to the combination of litigation cases and business logic, and legal solutions based on commercial rationality and the best business arrangements have been designed. They are not only external litigators but also very good business cooperation consultants.’
Vanke Real Estate Co., Ltd.
Shiji Heguang technology development (Beijing) Co., Ltd.
China Construction Bank
Shenzhen 3nod Electronic Co., Ltd.
Beijing Founder Century Information System Co., Ltd.
China National Offshore Oil Corporation
Inner Mongolia Shuangxin Energy and Chemical Co., Ltd.
Teddy Mobile Technology Ltd., Co.
- Representing Vanke and its subsidiary in a series of real estate disputes in front of multiple courts including the Supreme People’s Court.
- Representing CCB’s subsidiary, CCB Trust, in a dispute arising from the first state-owned-enterprise default in China’s bond market in history.
- Representing CNOOC in a Sino-Foreign joint venture dispute.
China > Tax: PRC firms Tier 2Commerce & Finance Law Offices’s tax practice is now led by Robbie Chen, who joined the firm in May 2021 from Yuanda, and continues to advise on the tax aspects of real estate transactions, capital markets matters, and M&A deals. The team counts multinationals amongst its client base, assisting them with tax issues associated with entering and exiting the Chinese market. The practice also provides advice on customs matters, such as responding to audits by Chinese authorities. Kun Liu is another name to note and specialises in tax planning and family wealth management.
Other key lawyers:
‘Robbie Chen has a wealth of experience in the tax field and a very diverse background that enables him to provide clients with one-stop tax services. He has also achieved impressive things in the wealth planning field and is very good at providing clients with services such as trust planning.’
Genting Resorts Secret Garden
JUUL Labs, Inc.
- Advised Genting Group on tax structuring of the RMB 650 million sales of real estate project in Zhangjiakou, China.
- Advised JUUL on designing and implementing the China organizational structure and business operation in Shanghai, Suzhou and Shenzhen.
Other key lawyers:
Bo Wang; Rui Chen; Gong Jie; Huaiwang Chen; Gang Wu
‘They are able to provide seamless communication, solving problems in a timely manner.’
‘Haitao Jiang can accurately understand client needs.’
‘Bo Wang, Rui Chen, Jie Gong and Huaiwang Chen are excellent with regards to their professionalism and close cooperation.’
First Service Holding Limited
AdTiger Corporations Limited
ESR Cayman Limited
Guizhou Branch of Agricultural Bank of China
Yunnan Branch of Agricultural Bank of China
ZHEJIANG ZOENN DESIGN CO., LTD
China International Capital Corporation Limited
Hangzhou Alltest Biotech Co., Ltd.
Bestway Marine & Energy Technology Co., Ltd.
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd.
Weichai Holding Group Co. Ltd
China Bohai Bank Co., Ltd.
Zhaoke Ophthalmology Limited
JHBP (CY) Holdings Limited
Honliv Healthcare Management Group Company Limited
Shenzhen Hepalink Pharmaceutical Group Co., Ltd.
Kohlberg Kravis Roberts & Co. L.P.
Zai Lab Limited
JOINN Laboratories (China) Co., Ltd.
Suzhou Basecare Medical Corporation Limited
Antengene Corporation Limited
Li Ning Company Limited
Evergrande Property Services Group Limited
SHIMAO SERVICES HOLDINGS LIMITED
Morgan Stanley & Co. International plc、China International Capital Corporation Hong Kong Securities Limited、The Hongkong and Shanghai Banking Corporation Limited、BNP Paribas
China International Capital Corporation Hong Kong Securities Limited Goldman Sachs (Asia) L.L.C. Credit Suisse (Hong Kong) Limited
Sunac Services Holdings Limited
Boqii Holding Limited
Dada Nexus Limited
Smart Share Global Limited
Hongta Securities Co., Ltd.
IAT Automobile Technology Co., Ltd.
Henan Shuanghui Investment & Development Co.,Ltd.
Chongqing Baiya Sanitary Products Co., Ltd.
First Capital Securities Co., Ltd.
Ningbo Zhoushan Port Company Limited
Strawbear Entertainment Group
Yum China Holdings, Inc.
WEILONG DELICIOUS GLOBAL HOLDINGS LTD
Green Tea Group Limited
- Advised Yunnan Branch of Agricultural Bank of China on the issuance of project income special bonds.
- Advised Guizhou Branch of Agricultural Bank of China on the issuance of project income special bonds.
- Advised Linklogis Inc. on its listing on the Main Board of the Hong Kong Stock Exchange.
Hongji Li; Jialu Wang; Xiaoming Guo
Other key lawyers:
‘The team members are a combination of old and young. Case charges are appropriate, which will be based on the complexity and workload-specific judgement, and will never ask for exorbitant prices. In recent years, more attention has been paid to the combination of litigation cases and business logic, and legal solutions based on commercial rationality and the best business arrangements have been designed.’
‘Hongji Li and Qiang Cui are very good partners because they are able to develop personalized designs for case plans based on commercial purposes and consider more on client demands rather than lawyer income.’
‘The team has strong cooperation ability, clear division of labour, and can quickly complete a job through mutual knowledge. In addition, the team is very professional with rich practical experience and great capability in analysing and solving legal problems, and is able to simplify complex problems. Both legal clients and non-legal clients can quickly get the idea of solving problems through communication with the team.’
Weichai Holding Group Co. Ltd
Weichai Power Co., Ltd.
Tsinghua Holdings Co., Ltd.
CK Asset Holdings Limited
- Advised Weichai Holding Group Co. Ltd on acquisition of Lovol Heavy Industry.
- Advised Weichai Power Co., Ltd. on acquisition of Weifang Shengrui transmission Co., Ltd.
- Advised Tsinghua Holdings Co., Ltd. on the reform of The Affiliated Anterprises of Tsinghua University.
Other key lawyers:
Xinyang Zhang; Jianhai Luan; Haitao Jiang
Shenzhen SF Express Co., Ltd.
Geekplus Technology Co., Ltd.
Shenzhen Far East Obstetrics&Gynecology Hospital
Beijing Zhangshang Xianji Network Technology Co., Ltd.
3H Health Investment
Shanghai Duoning Biological Technology Co.,Ltd.
Beijing Surgerii Technology Co., Ltd.
LBC sunshine healthcare fund II L.P. (Lake Bleu Capital)
Dianwang (Cayman) Inc.
- Advised Keep Inc. on a Series F financing totalling $355m.
- Advising Fiture Inc. on financing transactions.
- Advised Shenzhen SF Express Co., Ltd. on a restructuring project and $300m financing.
Other key lawyers:
‘Kun Liu’s team is the leading team in the private wealth management sector and is particularly adept at overseas family trust-related legal services. They are able to properly take into account the critical importance of company owners to family inheritance and company development, and provide solutions that have great practical significance. They have excellent and reliable professional capabilities, as well as a very good understanding of business. Their work attitude is also realistic, dependable and detail-oriented, with a good sense of the importance of time, making them good at providing creative solutions to complex legal problems.’
‘Kun Liu is the most outstanding lawyer in the private wealth management field that we have worked with. Kun Liu has a wealth of practical experience in the overseas family trust sector, enabling them to genuinely understand client needs and quickly identify legal risks, and thereby propose targeted solutions. After numerous comparisons with other lawyers, we found that Kun Liu’s legal advice is always more focused, specific and consistent with client requirements, with the result that she has earned the admiration of business owners.’
‘The team has impressive abilities and an excellent level of professional expertise and practical legal experience in establishing overseas family trusts. Their client services offer responsiveness, sensitivity and good communication, as well as a good client experience. The team is able to provide constructive legal advice. They have a very broad business perspective and deep understanding of business issues, giving them a strong awareness of the importance of family inheritance needs and company business development to overseas trusts. They also have a thorough understanding of industry development trends and provide highly effective advice for business development. The way they work is very conscientious and responsible with strong attention to detail, enabling them to solve complex legal problems with creative solutions.’
‘Kun Liu has a very high standard of professional expertise, a very good attitude to service, and a high level of work efficiency. Kun Liu has a wealth of practical experience and outstanding professional capabilities in the overseas family trust sector, enabling her to quickly and accurately identify legal risks and provide targeted solutions. Kun Liu is always able to analyse legal issues from the perspective of family inheritance, market listing compliance requirements and company business development. She has a genuine understanding of what clients actually need and patiently explains the details of solutions, as well as ensuring that sufficient personnel are allocated and work progresses in an efficient manner.’
‘Commerce & Finance Law Offices is one of the leading Chinese Law Firm that has great knowledge and ample experience in providing offshore trust advisory services in particular IPO and ESOP trust structuring. I have worked with many PRC professional intermediaries in providing Private Wealth services, I would consider them to be the best and the only PRC professional that can help to set up an offshore trust to hold A shares.’
‘Kun Liu, who leads a strong team of Private Wealth / Trust services, is one of the limited number of PRC professionals with a high-level knowledge of trusts and offshore restructuring. She has a good understanding of different trust jurisdictions, Bank Trustees Vs Independent Trustees and how best to choose the right trust company for her clients. Lawyer Chen Miaomiao works with lawyer Kun Liu to expand the Private Wealth services and she too is one of the top PRC professionals in private wealth and trust industry.’
‘The team has a very high level of professional expertise, as well as extensive practical experience of wealth management and a unique understanding of business. During the course of providing services, the team demonstrated an excellent attitude and a sharp awareness of business issues, enabling them to proactively identify problems, consider our company’s actual situation, and give constructive opinions and creative solutions. During the process of delivering services, the team showed great attention to detail and improved our implementation efficiency in terms of issues from the allocation of personnel to the optimisation of solutions, thereby saving our company a lot of time and money.’
‘Kun Liu is professional, conscientious, and has a very strong sense of responsibility. Kun Liu carefully considered the actual position of the company, thoroughly communicated the details of the plans, formulated flexible solutions, and provided the company with constructive advice for the development of our business. Her team is very sensibly structured and the team members exhibit very clear thinking, an impressive service attitude, and great attention to detail.’
Commerce & Finance Law Offices > Firm Profile
Commerce & Finance Law Offices (“Tongshang”) is one of the first truly private partnership and of the best commercial law firms in China. Founded in 1992, Tongshang has steadily built up its well-recognized practice and reputation in Capital Markets, Corporate/M&A, Private Equity, Dispute Resolution, Banking & Finance, New Economy (TMT, Healthcare and Education), Competition & Antitrust, Investment Fund, Restructuring & Insolvency, Regulatory, Labor and Employment, Wealth Management, Real Estate & Construction and Intellectual Property. Tongshang dedicated to providing advice and expertise at the highest levels.
Commerce & Finance Law Offices is one of the eight “red circle” law firms in China. Since its establishment, it has been focusing on major industries in the world, and has deeply involved in the legal service market. Accordingly, it has created several major projects with extensive market influence that have changed and reshaped the industry structure, and is thus highly recognized both in and outside the industry: it is one of the legal advisors who are most frequently engaged in overseas listing projects, in which it not only serves as the legal advisor to the issuers, but also the Chinese legal adviser of the underwriters; moreover, it is also one of the law firms who have participated in the largest number of projects for Chinese companies to go public overseas.
Commerce & Finance has steadily built up its practice and reputation. At present, it has branch offices in Beijing, Shanghai, Shenzhen, Hong Kong, Chengdu, Hangzhou and Wuhan, with more than 700 professionals in C&F, including more than 100 partners and more than 500 attorneys and paralegals. All attorneys in C&F graduated from top-ranking universities in China; in particular, a number of them have obtained doctoral and master’s degrees from prestigious law schools in the United States, Canada, and the United Kingdom, and have internship or work experience in law firms in the UK, the US, Canada, Japan or Hong Kong respectively.
Most firms provide legal advice, we deliver business solutions.
|Corporate and M&A||Xiaoman Zhang|
|Corporate and M&A||Gang Wu|
|Real estate and construction||Jialu Wang|
|Real estate and construction||Fengliang Liu|
|Capital markets||Li Cheng|
|Capital markets||Xin Kong|
|Acquisition and private equity financing||Qinghai Hou|
|Acquisition and private equity financing||Bo Wang|
|Outbound investment||Xiaoman Zhang|
|Outbound investment||Gang Wu|
|Banking and finance||Xuerong Hu|
|Banking and finance||Wei Chen|
|Intellectual property||Jialu Wang|
|Dispute resolution||Hongji Li|
|Dispute resolution||Jialu Wang|
|Private equity||Xinyang Zhang|
|Private equity||Lingyun Dai|
|Corporate compliance||Yi Zheng|
|Corporate compliance||Xiaofei Xu|
|Project financing||Jialu Wang|
|Project financing||Xiaoguang Lu|
Staff FiguresNumber of partners : 101 Number of lawyers : 500+
LanguagesEnglish Mandarin Cantonese German Japanese
OtherWebsite : www.tongshang.com WeChat : tongshanglaw
CLIENT: Wenqian Zhu
COMPANY/FIRM: Meituan Dianping Inc.
TESTIMONIAL: Commerce & Finance Law Offices (“Tongshang”) handled a series of complex and innovative projects for Meituan Dianping, including multiple asset sales projects and mergers and acquisitions projects.
In the absence of industry precedent and under the circumstance of uncertain regulatory policies, Tongshang provided us with practical and effective business solutions, which maximized commercial benefits for us in the projects, and achieved efficient and smooth closing of the projects.
Lawyers of Tongshang have flexible business thinking and a solid legal background. When dealing with many cutting-edge and innovative issues in the new economic field, they can always provide feasible solutions with business insights in a timely manner. Tongshang is our first-choice law firm.
CLIENT: Hongyi Jia
COMPANY/FIRM: Beijing Kuaishou Technology Co., Ltd.
TESTIMONIAL: Lawyers of Commerce & Finance Law Offices (“Tongshang”) are knowledgeable, experienced, and highly qualified. Tongshang is one of the most outstanding law firms in the field of capital market, investment and mergers & acquisitions. Tongshang is a trusted partner, and one of our top law firms for investment and mergers & acquisitions projects.
Tongshang always puts the needs of clients first. Tongshang and its lawyers have outstanding and comprehensive capabilities. They can always view from the perspective of client’s commercial purpose and are good at combining law with accounting, taxation, and financial methods to provide clients with compliance, efficiency and professional legal solutions. We highly recognize the rich experience in the field of capital market of Tongshang.
CLIENT: Junguang Xiao
COMPANY/FIRM: COSCO SHIPPING Holdings Co., Ltd.
TESTIMONIAL: Commerce & Finance Law Offices (“Tongshang”) has been serving COSCO for more than ten years. All major capital restructurings, investment mergers & acquisitions and other capital operations of COSCO have been participated and led by Tongshang and its lawyer. Lawyers of Tongshang have a wealth of knowledge, superb legal skills, and is proficient in domestic and overseas listings and related mergers & acquisitions. Tongshang and its lawyer are very innovative and are good at global structural design. They are thoughtful and can quickly understand what customers want. During the implementation of the projects, they paid great attention to practical operations, effectively escorted the company with their deep understanding of laws and policies.
CLIENT: Liwen Zhang
COMPANY/FIRM: Shuanghui Development Co., Ltd.
TESTIMONIAL: Commerce & Finance Law Offices (“Tongshang”) has a very deep understanding of the business model and business philosophy of the consumer in the field of goods industry. At the same time, Tongshang and its lawyer also have a keen sense of the regulatory policies and wind direction of this industry, which allows them to execute the project efficiently and accurately, fully consider the legal concerns in each stage of the project and the entire growth process of the enterprise in time, handle the problem through creative transaction structures and provide brilliant legal service solutions. We believe that Tongshang and its lawyers are rare mentors and friends in the development of our company.
CLIENT: Hongwei Wang
COMPANY/FIRM: CCB International (Holdings) Co., Ltd.
TESTIMONIAL: Lawyers of Commerce & Finance Law Offices (“Tongshang”) have a rigorous work style and a strong sense of responsibility. We highly recognise them for their professionalism. Lawyers of Tongshang always devoted to and deliberate on cases. Facing the unfavorable situation of major changes in judicial interpretation, Tongshang lawyers have neither shown fear nor shirk responsibility, they are always full of confidence and fighting spirit, regarding difficulties as a challenge and remaining calm. At the same time, Tongshang also helped us adjust our mentality and change our litigation strategy in a timely manner, which gave us great confidence. Tongshang can always accurately grasp the direction of the case and propose a reliable litigation solution.
CLIENT: Ya’nan Wang
COMPANY/FIRM: Century 21
TESTIMONIAL: Lawyers of Commerce & Finance Law Offices (“Tongshang”) are experts in commercial dispute resolution, they can quickly become familiar with the client’s business model, understand the business logic behind and put forward unique and pragmatic solutions based on the specific situation of our company. In response to the disputes, Tongshang lawyers was able to quickly find the key points to solve the problem and propose effective solutions for us. Based on years of experience in commercial dispute resolution, Tongshang assists us in our business negotiations. Often, Tongshang lawyers can use their excellent negotiation skills to help us achieve our goals and obtain maximum benefits at the lowest cost.