Clifford Chance LLP is trusted by multinational corporations, global investment firms and Chinese companies for a variety of antitrust and competition matters. Recent work includes inbound China merger filings, global antitrust and FDI filings, enforcement action and compliance and regulatory advice. The firm’s PRC expertise was recently strengthened by the approval to establish a Joint Operation with Shanghai He Ping Law Firm in March 2025. Based in Beijing, practice head Yong Bai has experience advising Chinese and multinational companies on business investments, regulatory matters and investigations across industries. Dayu Man is a key contact in Hong Kong, advising on global merger control filings, FDI filings and antitrust conduct rules across sectors, including technology, real estate, healthcare and private equity.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
'Clifford Chance's antitrust team is very professional and well-organised.'
- 'They are not only well-versed in Chinese law but also familiar with the laws of major international jurisdictions, especially Bai Yong.'
Key clients
- Haier Group
- Tencent
- China Three Gorges (Europe) S.A.
- Haitong Securities
- China Merchants Capital Investment Co., Ltd.
- Abbott
- Volkswagen
- Softbank Group
- Partners Group
- Brookfield
Work highlights
Advised Haier Group on its acquisition of Carrier Global Corporation's Commercial Refrigeration Business, the first merger filing made by a Chinese company before the European Commission under the new FSR regime.
Advised Haitong Securities on its merger with Guotai Junan Securities by way of a merger by absorption and share exchange.
Advised Shell on its partnership with Equinor to combine their UK offshore oil and gas assets and expertise to form a new company, which will be the UK North Sea’s biggest independent producer.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Yong Bai
Other key lawyers
Dayu Man