Commerce & Finance Law Offices > Shanghai, China > Firm Profile

Commerce & Finance Law Offices
1506 KERRY CENTER
1515 NANJING WEST ROAD
SHANGHAI 200040
China

China > Capital markets: PRC firms Tier 1

The Commerce & Finance Law Offices capital markets team is particularly well-experienced in cross-border IPO work, and the practice also spans stock issuances, red chip issuances, bond issuances and other capital markets transactions which it acts for both issuers and underwriters. The team includes a number of highly regarded capital markets specialists across its offices in China including Beijing-based Xin KongGang WuXiaoman Zhang, and Shanghai-based Haiyan Zhu who regularly advises banks on green financing bond issuance.

Practice head(s):

Xin Kong; Gang Wu; Xiaoman Zhang; Haiyan Zhu

Other key lawyers:

Jinqing Xiao; Yuanmeng Ma; Wei Chen; Bo Wang; Jie Gong; Haitao Jiang; Vincent Shen; Wen Liu

Key clients

Morgan Stanley

China International Capital Corporation Limited

ZKH Group Limited

CICC

China Resources National Corporation

The Export-Import Bank of China

GS, MS, CICC, JPM

Zhongtai Securities Co., Ltd.

Zhejiang Expressway Co.,Ltd.

UBS Huatai

Laekna,Inc.

China Ruyi Holdings Limited

Taiwan Cement Corporation(TCC)

Bilibili Inc.

China Industrial Securities International Financial Group Limited

Work highlights

  • Acted as counsel to underwriter for the Hong Kong Listing of J&T Express and provided Chinese legal services for the sponsor and underwriters Morgan Stanley, CICC and BOFA.
  • Provided legal advice to China International Capital Corporation Limited regarding its role as the financial adviser for the 26.43 billion yuan acquisition of assets by Yankuang Energy Group Company Limited.
  • Assisted the ZKH Group Limited to successfully complete its IPO on the New York Stock Exchange.

China > Dispute resolution: Arbitration: PRC firms Tier 2

Commerce & Finance Law Offices supports central and state-owned enterprises, listed companies, and multinational corporations, offering services including filing arbitration requests, conducting evidence gathering, and participating in proceedings to enforce foreign arbitral awards. Hongji Li represents clients in disputes related to international trade and equity investments, while Jialu Wang focuses on real estate development, construction, and intellectual property disputes. Fu Chen brings expertise in commercial arbitration, handling issues related to equity transfers, gambling agreements, and construction contracts.

Practice head(s):

Hongji Li; Jialu Wang; Qiang Cui; Fu Chen; Wei Zhang; Ting Yang; Yuanguan Xu

Key clients

Jiangsu Sugang Group Co., Ltd

Harvest Fund Management Co., Ltd (Harvest)

China Hainan Rubber Industry Group Co., Ltd.

China Construction Bank

New China Trust Co., Ltd. (NCT)

Harvest Capital Management Co., Ltd. (Harvest)

Butong Internet of Things Technology (Shanghai) Co., Ltd. (BEBEBUS)

Beijing Weileyun Dental Clinic Co., Ltd.

Shengdu Home Decoration Company Limited

Work highlights

  • Represented Harvest in arbitration regarding challenges in exiting an investment involving 4bn RMB from pension funds of about 3 million state-owned enterprise employees in Tus S&T Services Co., Ltd.

China > Dispute resolution: Litigation: PRC firms Tier 2

Commerce & Finance Law Offices handles a broad spectrum of commercial litigation, including banking and finance, securities, commercial leasing, and maritime disputes, offering services such as devising litigation strategies, gathering evidence, and representing clients in court. Qiang Cui manages equity and debt investment, intellectual property, and unfair competition cases, Amin Li focuses on securities litigation, handling cases related to market manipulation, information disclosure violations, and insider trading, while Mingtao Chen brings expertise in intellectual property disputes, including unfair competition, copyright, trademark, and patent issues. The team was further strengthened in November 2023 with the addition of Zhao Li, former department co-head of Global Law Office.

Practice head(s):

Hongji Li; Jialu Wang; Qiang Cui; Fu Chen; Wei Zhang; Xiaoming Guo; Amin Li; Jing Chen; Xiangyu Chen; Hang Zhou; Yuanguan Xu; Hao Yu; Mingtao Chen; Ting Yang; Zhao Li

Key clients

Jiangsu Sugang Group Co., Ltd

Zhongtai Securities Co., Ltd.

Harvest Fund Management Co., Ltd

China Hainan Rubber Industry Group Co., Ltd.

China Construction Bank

New China Trust Co., Ltd.

Zhong De Securities

BDO China Shu Lun Pan Certified Public Accountants LLP

Schindler (China) Elevator Co., Ltd.

Beijing Yiche Information Science And Technology Co., Ltd.

Harvest Capital Management Co., Ltd.

Butong Internet of Things Technology (Shanghai) Co., Ltd. (BEBEBUS)

Beijing Weileyun Dental Clinic Co., Ltd.

Chow Sang Sang Jewellery Company Limited

Beijing Baidu Netcom Science Technology Co.,Ltd.

Work highlights

  • Represented Jiangsu Sugang Group Co., Ltd in handling the Suzhou Toxic Land Infringement civil litigation case.
  • Acted for Zhongtai Securities Co., Ltd. in a securities dispute at the Beijing Financial Court, responding to false statements made by Leshi Internet Information and Technology Corp., Beijing.
  • Represented Harvest in recovering all principal and interest through negotiations, arbitration, and civil enforcement after investing 4bn RMB in pension funds from approximately 3m employees of state-owned enterprises into Tus S&T Services Co., Ltd., when it encountered exit difficulties.

China > Tax: PRC firms Tier 2

Commerce & Finance Law Offices frequently assists multinational and Chinese corporations with their M&A transactions and provides tax planning and compliance services for high-net-worth individuals and businesses. Haoran (Robbie) Chen leads the practice, offering expertise in tax planning and audit defense for automotive, internet, and medical device industry clients.

Practice head(s):

Haoran (Robbie) Chen

Other key lawyers:

Albert Niu

Work highlights

China > Private wealth: PRC firms Tier 3

The private wealth team at Commerce & Finance Law Offices has extensive experience in assisting families and family businesses with compliance, wealth management, and tax planning. Xiaoman Zhang and Kun Liu jointly lead the practice. Liu is well-regarded for complex matters such as separation of family and enterprise cases. Haoran Chen regularly advises the founder of the companies on personal tax planning and overseas asset relocation during the pre-IPO stage.

Practice head(s):

Xiaoman Zhang; Kun Liu

Other key lawyers:

Work highlights

China > Projects and energy: PRC firms Tier 3

Commerce & Finance Law Offices has a particularly strong offering for clients who are looking to invest in energy and infrastructure projects both in China and overseas. In Beijing, Jinqing Xiao recently advised a large sponsor on the IPO of a new energy group. Also in Beijing, Juan Shang and Yiqun Cheng regularly advise Chinese clients on overseas energy investments in jurisdictions including Saudi Arabia, Myanmar and Bangladesh.

Practice head(s):

Jinqing Xiao; Juan Shang; Yiqun Cheng

Other key lawyers:

Xinggao Pan; Wei Chen; Gang Wu

Key clients

China International Capital Corporation Limited

Shanghai Electric POWER Co., Ltd.

State Power Investment Group Upper Yellow River Hydropower Development Limited Liability Company

SPIC Yunnan International Power Investment Co., Ltd.

Wuhu Power Generation Limited Liability Company

Shanghai Electric Power New Energy Development Co., Ltd.

China POWER Complete Equipment Co., Ltd.

WU Ling POWER Corporation

China Power Investment Xinnongchuang Technology Co., Ltd.

JINENG LUHE (Hebei) New Energy Co.

State Power Investment Group Science and Technology Research Institute Co., Ltd.

Guodian Investment Science and Technology Innovation Equity Investment Fund (Tianjin) Partnership (Limited Partnership)

State Nuclear Uranium Resource Development Company, Ltd

Work highlights

  • Provided legal advice to China International Capital Corporation regarding its role as the financial adviser for the 26.43bn yuan acquisition of assets by Yankuang Energy Group Company.
  • Provided legal services for SINOPEC Group’s participation in the investment and construction of the fourth round of new energy projects in Saudi Arabia.
  • Advised on the purchase of shares of Foshan City Xin Yuan Electronic by Sunstone Development.

China > WTO/international trade: PRC firms Tier 3

Commerce & Finance Law Offices handles a variety of anti-subsidy and anti-dumping work. The practice is jointly led by Xiaohua Hou and Qiang Cui in Beijing, and Xiaoming Guo in Shanghai. Hou is an expert in US and EU anti-dumping and countervailing duty proceedings and regularly represents clients, particularly in the manufacturing industries, in investigations initiated by the US Department of Commerce and the European Commission.

Practice head(s):

Xiaohua Hou; Xiaoming Guo; Qiang Cui

Key clients

Anhui Jianghuai Automobile Group Corp., Ltd.

Chongqing Changan Automobile Company Limited

Zhejiang Sanmei Chemical Ind. Co., Ltd.

Changfeng Cable Co., Ltd.

YF Technology Corporation (Thailand) Ltd.

Suzhou Dayer Mechatronic Hi-Tech Co., LTD.

Zhejiang Best Nail Industrial Co., Ltd.

Shanghai Yueda Nails Co., Ltd.

Tianjin Hweschun Fasteners Manufacturing Co., Ltd.

Bau Bang Precision Manufacturing Vietnam Co. LTD.

UM Industry Co., Ltd.

VN Fasteners Co., Ltd.

Hangzhou Xline Machinery & Equipment Co., Ltd.

Work highlights

  • Represented Anhui Jianghuai in the EU’s anti-subsidy investigation on Battery Electric Vehicles (BEVs).
  • Represented Chongqing Changan in the EU’s anti-subsidy investigation on Battery Electric Vehicles (BEVs).
  • Represented Zhejiang Sanmei Chemical Ind. in the POR 21-22 US anti-dumping review on HFC from China.

China > Corporate and M&A: PRC firms Tier 4

Commerce & Finance Law Offices leverages its deep expertise in taxation, finance, and regulatory matters to support clients with both offshore and domestic transactions. Xiaoman Zhang specialises in managing domestic and international IPOs, M&As, and material asset restructuring, while Jinqing Xiao focuses on the new energy, healthcare, high-end manufacturing, and consumer sectors, supporting state-owned enterprises, financial institutions, investors, and start-ups. Haitao Jiang offers experience in reverse takeovers, overseas mergers, and restructuring, with expertise in red-chip and VIE structures for Chinese enterprises.

Other key lawyers:

Xiaoman Zhang; Jinqing Xiao; Haitao Jiang; Meng Zhang; Juan Shang

Key clients

Morgan Stanley

China International Capital Corporation Limited

Qingdao Port International Co.,Ltd.

China Resources National Corporation

CICC

China Ruyi Holdings Limited

Beijing Century Hong Shui Hospital Management Ltd.

Bilibili Inc.

Sangon Biotech(Shanghai)Co.,Ltd.

Hubei United Investment City Operation Co.

Thankcome Biological Science and Technology (SuZhou) Co., Ltd

Shanghai Duoning Biotechnology Co., Ltd.

Henan Zhongjin Huirong Private Fund Management Co., Ltd

Work highlights

  • Advised the underwriters, including Morgan Stanley, CICC, and BOFA, on Chinese legal matters for the Hong Kong listing of J&T Express.
  • Provided legal advice to China International Capital Corporation Limited in its role as financial adviser for the RMB 26.43 billion acquisition of assets by Yankuang Energy Group Company Limited.

China > Intellectual property: PRC firms Tier 4

The IP team at Commerce & Finance Law Offices primarily focuses on contentious issues such as copyright, patent, and trade mark infringement as well as IP-related unfair competition disputes. The team is co-led by Mingtao Chen, Jing Chen, Hongji Li and Qiang Cui from Beijing, while Xiaoming Guo leads from Shenzhen. All aforementioned lawyers are experts in IP with science and engineering backgrounds, allowing them to handle complex technology-related cases.

Practice head(s):

Mingtao Chen; Jing Chen; Hongji Li; Qiang Cui; Xiaoming Guo

Other key lawyers:

Zhenzhong Yang

Key clients

Hytera Communications Corp

Beijing Yiche Information Science And Technology Co., Ltd.

Eastern Pioneer Driving School Co., Ltd.

Bejing Changxing Information Co.,Ltd.

Beijing Chehejia Information Technology Co., Ltd.

Beijing Cheli Hang Information Technology Co., Ltd.

Beijing Baidu Netcom Science Technology Co.,Ltd.

Beijing Capital Agribusiness & Foods Group

Shengdu Home Decoration Company Limited

Eic Global (Beijing) Education Technology Co., Ltd.

Work highlights

  • Assisted Hytera Communications Group with data export and trade secret legal opinions on the Motorola vs. Hytera $760m judgment case.
  • Represented Beijing Yiche Information Science Technology Co., Ltd. in a copyright infringement and unfair competition dispute against Nanjing Sanyun Information Technology Co.
  • Assisted Eastern Pioneer Driving School Co., Ltd.  with a trade mark protection action.

China > Life sciences and healthcare: PRC firms Tier 4

Commerce & Finance Law Offices has a strong track record representing biotech and pharmaceutical companies on their listings, especially Chapter 18A listings in the Hong Kong market. Meng Zhang is experienced in private equity financing and M&A by foreign investors. Key individuals in the healthcare capital markets practice include Wei Sun, Xiaoman Zhang, and Bo Wang.

Other key lawyers:

Yuanmeng Ma; Xiaqoman Zhang; Bo Wang; Meng Zhang; Wei Sun

Key clients

CICC

UBS Huatai

Laekna,Inc.

Beijing Century Hong Shui Hospital Management Ltd.

Sangon Biotech (Shanghai) Co.,Ltd.

LBC Sunshine Healthcare Fund II L.P.

Neusoft Xikang Holdings Inc.

Concord Healthcare Group Co., Ltd.

MedSci Healthcare Holdings Limited

3D Medicines (Shanghai) Co., Ltd

China Life Private Equity Investment

Shanghai Duoning Biotechnology Co., Ltd.

Brise Pharmaceuticals (Beijing) Co., Ltd

Gala Technology Holding Limited

BioTrack Capital

Lu DaoPei Medical Group Holding Limited

Work highlights

  • Acted as PRC counsel to CICC as the sponsor and underwriter for Yaoshibang’s Hong Kong listing.
  • Advised UBS and Huatai as sponsors and underwriters for the listing of HighTide in Hong Kong.
  • Acted as PRC legal advisor for Laekna Inc., assisting the sole sponsor in the IPO and listing on the Main Board of HKEx.

China > Private equity: PRC firms Tier 4

Commerce & Finance Law Offices routinely advises both lenders and investors on private equity projects that involve large-scale financings. The team also handles fund manager registrations, and the establishment and registration of private equity and industrial investment funds. In Beijing, Xiaoman Zhang focuses on capital markets, including domestic and overseas IPOs; while the sector expertise of new economy specialist Xinyang Zhang covers e-commerce, AI, big data and cloud computing (among others).

Other key lawyers:

Xiaoman Zhang; Xinyang Zhang; Xiaoyan Wang; Jun Shen

Key clients

Beijing Century Hong Shui Hospital Management

China Huarong Asset Management

Quzhou Holding Group Co

Sangon Biotech (Shanghai) Co

CDH Investment

LBC Sunshine Healthcare Fund II

ROKAE

Comprehensive Reform Experiment (Hangzhou) Equity Investment Fund Partnership

China State-owned Enterprise Structural Adjustment Fund II Co

Qingdao Tianren Micro Nano Technology Co

Thankcome Biological Science and Technology (SuZhou) Co

Jinfeng Borun (Xiamen) Equity Investment Partnership

China Life Private Equity Investment

Shanghai Duoning Biotechnology Co

Work highlights

  • Advised Quzhou Holding Group Co on Zhejiang Xinhu Group Co’s intention to transfer 10% of its shares to Quzhou Xinan Caitong Intelligent Manufacturing Equity Investment Partnership through an agreement transfer.
  • Advised China Huarong Asset Management on an equity investment in Shangdong Hongtuo.
  • Advised Quzhou Holdings Group Co on the acquisition of shares in Xinhu Zhongbao Co.

China > Investment funds: PRC firms

Acting throughout the life cycle of investment funds, Commerce & Finance Law Offices is home to experts in fund establishment, financing and compliance matters; it is also experienced in management and organisational structures, fundraising, operational models, and risk preferences.

China > Labour and employment: PRC firms

Commerce & Finance Law Offices' 26-member team routinely handles labour disputes, including arbitration and litigation procedures; the practice also assists throughout the life cycle of human resources management, its expertise ranging from recruitment and employment to the termination of employment contracts.
Photo Name Position Profile
Kai Huang(黄凯) photo Mr Kai Huang(黄凯) Partner
Amin Li photo Mr Amin Li Partner
Hao Yu photo Mr Hao Yu Partner