
Clifford Chance caters to a broad range of clients, including Chinese state-owned and privately-owned enterprises, local government financing vehicles and high-yield issuers. The team covers the full spectrum of DCM capabilities and is particularly notable for its US expertise. Connie Heng is at the helm. She excels in international securities offerings and structured finance, in particular RMB capital markets products. Angela Chan and David Tsai undertake international bond offerings, medium-term note programmes, regulatory capital and hybrid securities issues. Bringing deep knowledge of US federal securities laws, Alan Yeung is also noted for his expertise in high yield and investment grade debt issuances. Mark Chan handles an impressive variety of DCM transactions in both the Hong Kong and Macau markets.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
- ‘Angela Chan is very good and can provide client-oriented solutions.’
- 'Angela Chan, Mark Chan and Connie Heng have always shown to be not just professionals of the highest calibre but always been on hand to negotiate through any situation seeking a solution rather than relying on just what has been done previously. ’
- ‘Clifford Chance is a world leader in capital markets transactions. They have been at the forefront of legal developments in Asian markets for decades, covering a range of practice areas.'
- ‘Alan Yeung is a particular standout partner. He is unfailingly available to answer questions and ensure transactions evolve smoothly, combining top quality legal advice with practical and hands-on experience. He is a pleasure to deal with.’
Key clients
- China Construction Bank
- Citigroup
- Deutsche Bank
- J.P. Morgan
- Standard Chartered Bank
- CITIC Securities
- Bank of China (Hong Kong)
- Chinalco Capital Holdings Limited
- The Hong Kong Mortgage Corporation Limited (HKMC)
- The Hongkong and Shanghai Banking Corporation Limited(HSBC)
- Nan Shan Life Insurance
- Urban Renewal Authority
- Lingang Oasis Inc
- MicroPort Scientific Corporation
- Weimob Inc.
- Haitong Securities
- Health and Happiness (H&H) International Holdings Limited
Work highlights
Advised on Vedanta Resources' issue of high-yield senior notes – all listed on the Singapore Stock Exchange, with proceeds used to refinance existing debt and related costs.
Advised on HKSAR Government’s inaugural HK$55 billion Silver Bond issuance under its newly established Infrastructure Bond Programme.
Advised on Meituan’s US$2.5 billionbond issuance.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Connie Heng
Other key lawyers
Angela Chan; David Tsai; Alan Yeung; Mark Chan


