Firm Profile > Shearman & Sterling > Hong Kong, Hong Kong

Shearman & Sterling
21st Floor Gloucester Tower
The Landmark
15 Queen’s Road Central
Hong Kong

Corporate (including M&A) Tier 2

Shearman & Sterling is the first port of call among a wide variety of clients for advice on multijurisdictional M&A and private equity transactions involving complex structuring requirements. The firm generates mandates from Chinese SOEs, multinational corporates, investors and private equity houses, among other clients. Its 40-year history in Asia underlines its market presence. Li Chen (whose practice is split between Beijing and Hong Kong) heads up the team, which acts for clients in sectors such as technology, media and communications, energy, infrastructure and finance. Max Hua joined from Haiwen & Partners, while Stephanie Tang joined Hogan Lovells.

Key clients

Bain Capital

CarVal Investors, LLC

China Merchant Funds

China National Petroleum Company International/PetroChina

China State Construction Engineering Corporation

China Telecom Corporation

China-LAC Co-operation Fund

Danone Asia Pte Ltd

Huawei

Hubei Science & Technology Investment Group

InfrAlpha Advisors (Hong Kong) Limited

Jiangxi Railway Investment Group Corporation

Russia China Investment Fund

Shanghai Electric Group

Sino Ocean Group

State Grid International  Development Limited

Taikang Insurance

Temasek

ZZ Capital

Investment funds Tier 2

Shearman & Sterling’s investment funds and private equity team is headed by Lorna Xin Chen, whose specialisms include the structuring, restructuring, formation and operation of alternative investment products. The team advises on private equity funds, venture capital funds, hedge funds, real estate funds, funds of funds, project funds and co-investment structures. Clients include global institutions, sovereign wealth funds, wealth management platforms, banks and insurance companies.

Leading individuals

Testimonials

‘The lead partners and associates they staff on our transactions are familiar with our positions and requests’

‘They are experienced and know the market trends and are able to provide us with valuable suggestions’

‘They are well-organised, responsive and efficient, and  can help us to meet tight timelines for urgent transactions’

‘Shearman is outstanding in terms of experience, work quality and fees’

‘Lorna Chen knows our positions very well and spent a lot of time training her associates which is helpful’

‘Lorna Chen is exerienced, diligent, has good commercial sense and cares very much about client relationships’

‘Sean Murphy and Anil Motwani are proactive, experienced and are able to flag out key issues with useful recommendations; they are also hardworking, responsive, detail oriented and well organised’

Key clients

Asian Infrastructure Investment Bank (AIIB)

China Creation Ventures (CCV)

China Investment Corporation (CIC)

CITIC Securities International (CITIC CLSA)

ICBC International Holdings Limited (ICBCI)

International Finance Corporation (IFC)

Investcorp Securities Limited

KKR Asia

Korea Investment Corporation (KIC)

Noah Wealth Management

Qatar Investment Authority (QIA)

Capital markets (debt) Tier 3

Shearman & Sterling is a destination firm for complex debt capital market transactions, and it attracts a significant amount of work from issuer and underwriter clients. Its team's expertise spans a wide range of areas, including high-yield and investment grade bond offerings, dim sum bonds and convertible bonds, and liability management transactions. It is particularly well-known for its involvement in bond offerings by Chinese real estate companies. A recent significant development saw Kyungwon Lee relocate from New York to Hong Kong to head up the capital markets practice in Asia. In addition, Max Hua joined from Haiwen & Partners. Colin Law and Peter Chen departed for Fangda Partners.

Testimonials

‘Very knowledgeable, experienced, pragmatic and has a solution-oriented approach’. 

‘Matthew Bersani has a commercial mind and unmatched experience’.

Key clients

JP Morgan Securities plc

The Hongkong and Shanghai Banking Corporation Limited (HSBC)

Morgan Stanley

Credit Suisse (Hong Kong) Limited

China CITIC Bank International Limited

CMB International Capital Limited

Deutsche Bank AG

Guotai Junan Securities (Hong Kong) Limited

Haitong International Securities Company Limited

NEW METRO GLOBAL LIMITED

Capital markets (equity) Tier 3

At Shearman & SterlingKyungwon Lee relocated to Hong Kong from the New York office to become the head of capital markets in Asia. In other developments, Max Hua joined from Haiwen & Partners. Equally strong acting for issuers and underwriters, the firm covers the gamut of equity capital markets transactions on the Hong Kong Stock Exchange, with a notable focus on the healthcare and education sectors. It is also sought out for advice on New York Stock Exchange and Nasdaq listings. Matthew Bersani is another key figure in the group.  Colin Law and Peter Chen left the firm for Fangda Partners.

Leading individuals

Key clients

Morgan Stanley

Citigroup Global Markets Limited

CCB International Capital Limited

China International Capital Corporation Hong Kong Securities Limited

China Renaissance Securities (Hong Kong) Limited

CLSA Limited

ICBC International Securities Limited

Nomura International Limited

UBS AG

Dispute resolution: international arbitration Tier 3

At Shearman & Sterling, Nils Eliasson (who splits his time between the firm's Beijing and Hong Kong offices) leads the team. Recent work include Eliasson leading the advice to the Republic of China concerning an ICSID arbitration brought against the client by German company Hela Schwarz under the China-Germany bilateral investment treaty. Associate Kitty Zheng is another key name in the Hong Kong office.

Leading individuals

Key clients

Kot Addu Power Company (KAPCO)

The People’s Republic of China

Private equity Tier 3

Although lacking the strong institutional ties with major international sponsors that are the hallmark of some of the firms in the ranking, Shearman & Sterling's Greater China practice –  which houses M&A, fund formation and leveraged finance practitioners across Hong Kong, Beijing and Shanghai – generates a substantial deal flow by dint of its strong ties with regional funds, sovereign wealth funds and Chinese banks with private equity arms. Team head Li Chen splits her time between Hong Kong and mainland China, and is noted for her experience at handling China inbound and outbound transactions across a range of industry sectors including energy, healthcare, entertainment, telecoms, real estate and public utilities.

Key clients

Bain Capital

CarVal Investors

China Merchant Funds

China National Petroleum Company International/PetroChina

China State Construction Engineering Corporation

China Telecom Corporation

China-LAC Co-operation Fund

Danone Asia

Huawei

Hubei Science & Technology Investment Group

InfrAlpha Advisors (Hong Kong) Limited

Jiangxi Railway Investment Group Corporation

Russia China Investment Fund

Shanghai Electric Group

Sino Ocean Group

State Grid International Development

Taikang Insurance

Temasek

ZZ Capital

The firm

The Hong Kong office of Shearman & Sterling was opened in 1978 and it was the firm’s first office in the Asia region. It offers US, Hong Kong and English law capabilities, and is staffed by professionals with diverse backgrounds and language skills. The office services international clients in all jurisdictions in Asia and connects them with markets in every industry sector across the world. Recognised as the go-to international firm, it has successfully closed some of the region’s largest IPOs, innovative debt financings, complex M&A transactions, landmark project development and financing projects, as well as significant private equity and hedge fund transactions. The Hong Kong office also offers litigation and antitrust advice, as well as compliance training to multinational corporations, financial institutions and individuals throughout Asia in shareholder litigation, FCPA/anti-corruption, antitrust, economic sanctions, anti-money laundering and other regulatory and investigative matters.

Shearman & Sterling has represented many of the world’s leading corporations, financial institutions, emerging growth companies, state- owned enterprises, governments and governmental organisations for more than 146 years. It is committed to providing legal advice that is insightful and valuable to clients. The firm distinguishes itself by harnessing the intellectual strength and deep experience of its lawyers across its extensive global footprint. It has the capability to mobilise resources throughout its 23 offices worldwide to provide clients with professional legal advice and support. The firm’s lawyers are fluent in more than 60 languages and they practice Hong Kong, US, English, French, German, Italian, EU, OHADA and Saudi law, as well as Dubai International Financial Centre law and Abu Dhabi Global Market law. The firm is organised as a single, integrated partnership with approximately 850 attorneys in 23 offices located throughout Asia, the Americas, Europe and the Middle East. For more information, please visit Shearman & Sterling’s website at www.shearman.com.

Areas of practice

Shearman & Sterling’s main practice areas include: anti-corruption and Foreign Corrupt Practices Act (FCPA), antitrust, appellate litigation, capital markets, compensation, governance and ERISA, corporate governance, criminal law, regulation and enforcement, derivatives and structured products, emerging growth, environmental, European bank recovery and resolution, finance, financial institutions advisory and financial regulatory, financial institutions investigations and enforcement, financial restructuring and insolvency, intellectual property litigation, intellectual property transactions, international arbitration, international trade and investment, investment funds, Islamic finance, leveraged finance, litigation, mergers and acquisitions, privacy and data protection, private client, private equity and hedge funds, privatisation, pro bono, project development and finance, public international law, real estate, state controlled companies/sovereign wealth funds, structured finance, and tax.

Department Name Email Telephone
Banking and finance Kenneth Ching
Banking and finance Xiaogang (Sean) Wang
Capital markets Alan Yeung
Capital markets Kyungwon (Won) Lee
Capital markets Matthew Bersani
Capital markets Max Hua
Corporate and M&A Lee Edwards
Corporate and M&A Max Hua
Corporate and M&A Xiaogang (Sean) Wang
Corporate and M&A Li Chen
Corporate and M&A Lorna Xin Chen
Investment funds Lorna Xin Chen
International arbitration Nils Eliasson
International arbitration Emmanuel Jacomy
Litigation and investigations Brian G Burke
Private equity/venture capital Lee Edwards
Private equity/venture capital Lorna Xin Chen
Private equity/venture capital Li Chen
Projects and energy Xiaogang (Sean) Wang
Telecommunications, Media and Technology Li Chen
Photo Name Position Profile
Mr Matthew Bersani  photo Mr Matthew Bersani
Mr Brian Burke  photo Mr Brian Burke
 Lorna Xin Chen photo Lorna Xin Chen
 Li Chen photo Li Chen
 Nils Eliasson photo Nils Eliasson
Mr Kyungwon (Won) Lee  photo Mr Kyungwon (Won) Lee
 Sean Murphy photo Sean Murphy
Ms Hae-Ran Song  photo Ms Hae-Ran Song
Mr Paul Strecker  photo Mr Paul Strecker
Mr Alan Yeung  photo Mr Alan Yeung
Number of lawyers : 850 approx
In China : 40 approx
Cantonese
English
French
German
Italian
Japanese
Korean
Mandarin
Shanghainese
Spanish
Swedish