Stephenson Harwood > Shanghai, China > Firm Profile

Stephenson Harwood
UNITS 901-2 & 910, BUILDING 1, KERRY CENTRE
1515 NANJING WEST ROAD, JINGAN DISTRICT
SHANGHAI 200040
China

China > Fintech: foreign firms Tier 2

Praised for its ‘strong knowledge in regulatory compliance and fintech mandates’, Stephenson Harwood‘s Hong Kong-based team is a popular destination for banks, virtual banks, money services operators, and other players connected to the fintech space. Practice head Katherine Liu has broad experience extending to crowdfunding, regulatory compliance and employment issues in the fintech sector. Anna Kwong brings her knowledge of international trade finance and commercial banking to bear on a wide range of fintech mandates. Teresa Tsoi is another name to note.

Practice head(s):

Katherine Liu

Other key lawyers:

Penelope Shen; Anna Kwong; Teresa Tsoi; James Wong; Anthony Wong; Phoebe Cheng

Testimonials

‘The team has strong knowledge and practice experience in regulatory compliance and fintech mandates.’

‘The partner Katherine Liu is very experienced and sophisticated in legal knowledge and strong commercial sense as well.’

Key clients

Airstar Bank Limited

Airwallex (Hong Kong) Limited

Ant Group Co., Ltd.

China Construction Bank (Asia) Corporation Limited

Endowus HK Limited

Futu Securities International (Hong Kong) Limited

Futu Lending Limited

HKT Flexi Limited

OnePlatform Asset Management Limited

PrimeCredit Limited

WeLend Limited

China > Shipping: foreign firms Tier 2

Stephenson Harwood is well-regarded in the fields of both shipping litigation and shipping finance and has further strengthened its offering with the hire of Paul Ho and Shirley Li, both joined from Ince & Co in October 2023. Evangeline Quek is the key name in the China-focused arm of the firm’s maritime law offering. Based in Shanghai, Quek offers significant expertise in shipping arbitration and is well-placed to advise on cross-border matters, having previously managed shipping disputes concerning Singapore, Taiwan, India, England and the Netherlands. Shanghai-based ship financing expert Simone Liu is also key, regularly advising PRC state-owned enterprises.

Testimonials

‘Ship financing business is SH’s strong business. It is good at various transaction structures and flexibly dispatches lawyers in various jurisdictions to provide comprehensive legal services.’

‘The service is responsive and the team is able to provide critical solutions.’

‘Evangeline Quek and her team in Shanghai combine all the benefits of an international legal practice with local, Chinese know-how.’

‘Evangeline Quek has an impressive understanding of the Chinese market.’

‘Very good team, the collocation of partners, lawyers and assistants is very reasonable, can provide reasonable price, efficient service, and the cooperation with other teams is also very smooth.’

‘Simone Liu, a partner in the Shanghai office, has a good understanding of Chinese business and the needs of Chinese customers, and can provide professional services and opinions.’

Key clients

China Development Bank

China Development Bank Financial Leasing

Everbright Fortune International Leasing

ICBC Financial Leasing Ltd.

Michharry and Company Nigeria Limited (“MCN”).

The People’s Insurance Co of China (Hong Kong) Ltd

The Export-Import Bank of China

CMB Financial Leasing Ltd.

Pantainer (H.K.) Limited

Panalpina World Transport (Japan) Ltd

Maersk Line

Societe Generale

Work highlights

  • Acting for Damco Hong Kong Limited in prosecuting and defending claims in the Hong Kong Court arising from a large fire casualty in a warehouse at the Tuen Mun River Trade Terminal in Hong Kong.

China > Dispute resolution: Litigation: foreign firms Tier 3

Delivering ‘creative and nimble solutions for complex disputes‘, Stephenson Harwood acts in a range of contentious matters, including corporate, finance, trust, and insolvency and restructuring matters. The team is also able to offer PRC legal advice through its Closer Economic Partnership Arrangement (CEPA) with Guangzhou-based Wei Tu Law Firm. In Hong Kong, Ian Childs acts in complex civil litigation; Ivan Ng is an experienced commercial litigator; Jamie Stranger is another disputes expert; and Emily Li is ‘an excellent junior partner‘. Shanghai-based Evangeline Quek specialises in commercial dispute resolution.

Practice head(s):

Ian Childs

Other key lawyers:

Testimonials

‘Stephenson Harwood has unique insights into the global market, leveraging connections in Hong Kong, Mainland China and elsewhere in the world to offer creative and nimble solutions for complex disputes.’

‘Strongly recommended.’

‘An exceptionally strong team.’

‘Elizabeth Sloane, who leads Stephenson Harwood’s marine and international trade team in Hong Kong, is truly exceptional. She brings her experience to bear on the most complex of cases and is a delight to work with.’

‘Ivan Ng is one of the smartest and most pragmatic litigation lawyers in Hong Kong. His knowledge of practice and the market is without equal.’

‘Emily Li is an excellent junior partner who is calm and will plan all the steps to take from the outset. ’

‘Very commercial and practical advice.’

Key clients

Purple Surgical UK

Employees of China Shanshui Investment

United Overseas Bank

Dan Form International

Société Générale

OCBC Wing Hang

OCBC

ICBC

Deloitte

PricewaterhouseCoopers

Bank of East Asia

FTI Consulting

Work highlights

  • Acted for over 2,000 employees and minority shareholders of China Shanshui Investment Company in a dispute concerning China Shanshui Cement Group Company.
  • Acted for the administrators of the estate of LSK, in relation to the proposed sale of a mansion house.
  • Acting for Purple Surgical UK, which in May 2020 entered into a sale and purchase agreement to purchase five million 3M surgical masks (which were allegedly never delivered) from the defendants for $27m.

China > Restructuring and insolvency: foreign firms Tier 3

Stephenson Harwood has a track record handling contentious insolvency cases whilst continuing to expand its restructuring and insolvency advisory services. The team’s expertise lies especially in aviation restructuring and insolvency, but also extends to transportation and trade. The highly regarded Jamie Stranger heads the practice and acts for a diverse roster of clients in corporate and debt restructuring and buy-outs. The team also includes the disputes lawyer Alexander Tang , and the aviation specialist Simon Wong who recently acted for JIC Leasing Co. Ltd in the debt restructuring of Hong Kong Airlines.

Practice head(s):

Jamie Stranger

Other key lawyers:

Alexander Tang; Simon Wong

Testimonials

‘Deep knowledge and experience in the team.’

‘Jamie Stranger is excellent and puts the client’s best interests first.’

Key clients

JIC Leasing Co., Ltd – Hong Kong Airlines restructuring

United Overseas Bank Limited – Shimao Group refinancing & restructuring

GT Luxemburg re EZ Land

PwC – CECEP

PwC – Shanghai Huaxin

Madison Pacific – Project Aquarius

Société Générale – Project Sparrow

FTI – Coastal Oil & Yeung

FTI – Days group of companies

FTI – Kaplink group of companies

GT HK – Imperial Entertainment

GT HK – U A Cinema

Finance & Risk Services Limited (Bermuda) – Noble Group Limited (in liquidation)

Finance & Risk Services Limited (Bermuda) – Global Brands Group Holding Limited (in liquidation)

Work highlights

  • Advised Madison Pacific on HNA distressed asset sales (European oil storage facilities).
  • Advised JIC Leasing Co., Ltd on the UK and HK restructuring of Hong Kong Airlines.
  • Advised UOB on the refinancing / restructuring of the Shimao Group.

China > Banking and finance: foreign firms Tier 4

Stephenson Harwood‘s Hong Kong-based banking and finance team is experienced in both transactional and advisory work. Key areas of expertise range from asset finance (including shipping, aviation and real estate) to syndicated lending, structured finance, trade financings, fintech, investment products, and secured and unsecured lending. Katherine Liu heads the Hong Kong office’s finance and financial services group; Elton Chan is a shipping finance and general structured finance expert; and Anna Kwong specialises in international trade finance and commercial banking.

Practice head(s):

Katherine Liu

Other key lawyers:

Elton Chan; Anna Kwong; Teresa Tsoi

Testimonials

Lots of talented professionals and a high-level service and favourable fee quotes that give SH a significant advantage.’

‘Katherine Liu and Teresa Tsoi always give prompt responses and are highly efficient.’

‘Teresa Tsoi is very talented and has great drafting abilities – her explanations are easy to understand and straightforward, which saves time and improves the level of efficiency.’

‘Teresa Tsoi is appreciated for her logic – she is alway thinking about her clients and finds suitable proposals for them.’

Key clients

Airstar Bank

Airwallex (Hong Kong)

Ant Bank (Hong Kong)

Ant Group Co

Bank of Communications Co

Bank SinoPac Co

BNP Paribas

China Construction Bank

China Construction Bank (Asia) Corporation

China Development Bank

China Minsheng Bank

CIB Leasing

Cinda Leasing

Credit Suisse

CTBC Bank Co

Futu Lending

Futu Securities International (Hong Kong)

Haitong Leasing

HKT Flexi

HSBC

ICBC Financial Leasing Co

Industrial and Commercial Bank of China

JPMorgan Chase

Oversea-Chinese Banking Corporation

OCBC Wing Hang Bank

PrimeCredit

Raiffeisen Bank International

Shanghai Pudong Development Bank

Standard Chartered Bank

The Export-Import Bank of China

United Overseas Bank

WeLend

Wells Fargo Bank

Work highlights

  • Advised United Overseas Bank on its HK$12.1bn refinancing of Shimao Group’s Kowloon Tong (Hong Kong) residential development.
  • Acting for the Hong Kong branches of Agricultural Bank of China, Bank of Dongguan Co, China Bohai Bank Co, China Merchants Bank Co and China Zheshang Bank on PRC onshore guarantee and onshore loans.

China > Investment funds: foreign firms

Headed by Penelope Shen in Hong Kong, the team at Stephenson Harwood showcases particular experience advising clients in the structuring, establishment and regulation of hedge, private equity and real estate funds. The team welcomed Yong Ren who joined from Proskauer Rose LLP in September 2023. Ren focuses on advising fund sponsors, investors and managers in the formation of investment funds in Asia.

Hong Kong > Asset finance (including aviation and shipping finance)

Lauded by clients as ‘forward-looking’ and ‘excellent’, Stephenson Harwood draws superlative praise on account of its wide-ranging capabilities in advising a balanced array of stakeholders, including banks, financial institutions, leasing companies, commercial lenders, lessors, airlines, and export credit agencies, on cross-jurisdictional deals across aviation and shipping arenas. The firm’s aviation finance team, one of the largest in Hong Kong, is well-versed in handling the entire spectrum of matters, including financing, leasing, and trading of commercial aircraft and business jets across Hong Kong, the wider APAC region, and Europe. Associates Raina Xian and Louis Ng excel in these areas. Under the leadership of Simon Wong, whose expertise covers aircraft repossession and airline insolvency and rehabilitation, the team has handled a host of defaults and debt restructurings. The firm’s shipping subgroup, co-headed by Hongkai Zhou and Simone Liu, is emblematic of the eclectic nature of the firm’s workflow. In addition to providing advisory and risk mitigation services, the team is frequently involved in cross-border financings and restructuring matters.

Practice head(s):

Simon Wong; Hongkai Zhou; Elton Chan

Other key lawyers:

Testimonials

‘Professional, dedicated and enthusiastic.’

‘Always maintain professionalism, dedication, enthusiasm and other excellent work attitudes and qualities.’

‘They have an excellent team of lawyers who can handle various kinds of aircraft transactions. They are very responsive, and their advice is sharp and useful.’

‘I am impressed by Simon Wong. He is a great aviation lawyer in Hong Kong. He knows the nature of work and has in-depth knowledge of aviation operation matters in each country.’

‘The partners are hands-on and are willing to spend time on the details of the project, which is amazing.’

‘The SH team is deeply involved in cross-border financial business, has extensive business experience, and is good at handling complex and innovative transactions. The team has solid professional capabilities, can quickly respond to customer needs, and can provide high-quality legal services. It is a forward-looking and excellent team.’

‘Simon Wong is a senior partner in SH’s aviation business. He has extensive practice experience and has participated in various structured aviation transactions, including finance leases, sale and leasebacks, prepayment financing, delivery financing, refinancing and leasehold assets.’

‘Good customer service and very knowledgeable in the industry.’

Key clients

CMB Financial Leasing Co., Ltd.

ICBC Leasing

China Development Bank

The Export-Import Bank of China

CIBL Leasing

JIC Leasing

The firm: Stephenson Harwood is a law firm with over 1,300 people worldwide, including more than 190 partners. Our people are committed to achieving the goals of our clients – listed and private companies, institutions and individuals.

The firm offers multilingual and multidisciplinary services from two offices in Greater China. Its lawyers based in Hong Kong and Shanghai have been providing quality English and Hong Kong law advice to clients within and outside Greater China since 1979. The firm’s lawyers also advise on selected aspects of laws of other jurisdictions.

Established in 1979, the Hong Kong office was the first of Stephenson Harwoods’ Greater China offices. However, the firm has a long history of acting as a gateway between East and West, starting in 1867 when one of the firm’s founders William Harwood opened an office in Shanghai. The firm was one of the first UK firms to open in Hong Kong and then mainland China (PRC). We are celebrating our 40 years anniversary in 2019.

Stephenson Harwood’s Greater China offices offer a comprehensive spectrum of its global services including finance, corporate, dispute resolution and private wealth. Working hand-in-hand with our regional offices and associations in Guangzhou, Jakarta, Seoul, Singapore and other parts of Asia, the firm is able to provide a comprehensive Asian law service to clients operating within Asia.

In 2016, Stephenson Harwood entered into a CEPA association under the name ‘Stephenson Harwood – Wei Tu (China) Association’ with independent PRC law firm Wei Tu. CEPA (Closer Economic Partnership Arrangement) is a free-trade agreement concluded between PRC and Hong Kong. Under CEPA, Hong Kong-law firms are permitted to operate in association with PRC law firms to provide comprehensive legal services in PRC governed by PRC and non-PRC laws. The association allows Stephenson Harwood to offer a ‘one-stop service’ for Hong Kong, English and PRC law advice, with Wei Tu providing the PRC advice.

The Shanghai office has a particular focus on ship finance, marine and international trade. It is one of the few international law firms with a base in mainland China and a truly international shipping practice. The team is able to advise on cross-border shipping matters, drawing closely on the expertise of colleagues based in Hong Kong, Singapore, Seoul, Dubai, Paris, Piraeus and the United Kingdom. Our dedicated lawyers represent Chinese corporates, international banks, insurance companies, shipping, shipbuilding and trading companies.

The depth and importance of the firms relationships with our clients and our common sense approach to achieving results allow Stephenson Harwood to become your trusted advisor.

Department Name Email Telephone
Asset finance: shipping Simone Liu
Dispute resolution Evangeline Quek
Marine & International Trade Evangeline Quek
Photo Name Position Profile
Paul  Ho photo Paul Ho Partner
Lijuan Hou photo Lijuan Hou Of counsel
Shirley Li photo Shirley Li Of counsel
Simone Liu photo Simone Liu Partner
Evangeline Quek photo Evangeline Quek Office managing partner Greater China
Yong Ren photo Yong Ren Registered foreign lawyer (New York) partner Stephenson Harwood LLP London
Number of lawyers : 500+
Greater China : 70+
English
Chinese (Mandarin)
Cantonese
Shanghainese
Fujianese
Malay
Contacts : Evangeline Quek (Office managing partner, Greater China)
Contacts : Simone Liu (Partner)