Ms Li Chen > Shearman & Sterling > Hong Kong, Hong Kong > Lawyer Profile

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

Work Department

Mergers & Acquisitions




Li Chen is a partner in the Mergers and Acquisitions practice. Her practice spans a broad range of M&A, corporate and private equity matters, particularly in Greater China and China-related investments around the world.

Li has represented numerous major Chinese and international corporations, financial institutions and investment funds on their cross-border transactions including foreign direct and outbound investments, public and private M&A transactions, private equity and venture capital investments, joint ventures, strategic alliances, buyouts and take privates, asset disposals and reorganizations.

Her experience covers a wide range of industries including energy, financial services, healthcare, industrials, infrastructure, mining and metals, private capital, retail and consumer and technology, media and telecommunications.

Li is also actively involved in advising clients on regulatory and compliance issues encountered on M&A transactions such as export control, anti-corruption compliance, CFIUS national security reviews, IP licensing, antitrust and sanctions matters.


  • English
  • Mandarin



New York


Dedman School of Law, Southern Methodist University; LL.M., Sohmen Scholar

Tsinghua University; LL.B.

Beijing Normal University; B.A.

Lawyer Rankings

Philippines > Foreign firms

Shearman & Sterling LLP fields a ‘very organised team’ that ‘keeps a very good track of what is happening on the projects that it works on’. It has considerable cross-border capabilities and regularly works with major conglomerates in the Philippines on key infrastructure projects and continues to be active advising Philippine clients on outbound investments. Bill McCormack has a broad range of experience in advising lenders, sponsors and other project participants and has particular strength in renewable projects, while David Clinch is a highly regarded name for energy, natural resources and infrastructure projects and deals. Philip Cheveley also plays a pivotal role in the department and Li Chen is a key name to note in the firm’s M&A practice who oversees a varied caseload of M&A, corporate and private equity matters.

China > Private equity: foreign firms

(Leading individuals)

Li ChenShearman & Sterling LLP

Shearman & Sterling LLP offers extensive expertise advising on China-related private equity transactions across a broad range of industries including infrastructure, logistics and healthcare; with notable expertise acting for funds and investors within the private capital industry, regularly assisting with formation, compliance, transactional and regulatory matters. Splitting her time between Beijing and Hong Kong, Li Chen is a key contact for Greater China PE matters and brings a particular strength in the TMT, manufacturing and financial services sectors. Hong Kong-based Lorna Chen is an authority on compliance and regulatory issues, with cross-border expertise that spans Asia, Europe and North America. Also in Hong Kong, Sean Wang’s practice focuses primarily on advising financial institutions and major SOEs, while Beijing-based associate Weina Guan is building a strong reputation for her knowledge of complex take-privates, minority investments and divestitures.

China > Corporate and M&A: foreign firms

Working from the Beijing, Shanghai and Hong Kong offices, Shearman & Sterling LLP‘s China corporate and M&A practice regularly acts for large Chinese SOEs, financial institutions and corporations on headline deals. The team has a notable track record in deals involving the TMT, healthcare, pharmaceuticals, manufacturing, infrastructure, and energy and resources sectors. Li Chen has expertise covering M&A, corporate and private equity matters in Greater China, along with China-related investments around the world, and Sean Wang is an energy M&A specialist; both divide their time between the Mainland and Hong Kong. Hong Kong-based Lorna Chen is a corporate and private equity expert.

Hong Kong > Corporate (including M&A)

Shearman & Sterling’s team handles a broad array of issues for clients across a variety of sectors, including TMT, energy and resources, and manufacturing. Co-head Li Chen works from both Beijing and Hong Kong, and primarily focuses on transactional matters within the manufacturing and infrastructure sectors; while co-head Lorna Chen leads on the asset management and investment funds side, regularly advising on co-investment projects and joint ventures. Dividing his time between Hong Kong, Beijing, and Shanghai, Sean Wang assists financial institutions and SOEs, with energy and project financing being his areas of expertise. Wanda Woo is noted for her vast regulatory expertise, with her clientele including investment banks and Hong Kong listed companies.

Hong Kong > Private equity

Shearman & Sterling’s team is known for handling a vast range of issues for portfolio companies and investors. Lorna Chen acts as the regional managing partner for Asia and leads the investment and asset management practice, often advising on co-investment projects and joint ventures. Working between the Beijing and Hong Kong offices, Li Chen acts for both Chinese and international companies and financial institutions within the TMT and infrastructure sectors.