Containing 'a number of excellent partners', Linklaters covers the spectrum of structured finance, including OTC derivatives, securitisation, structured credit and structured equity. The team contains specialists in cross-border matters and can draw on the firm's wider offices in New York, London and across Europe to assist on regulatory issues concerning those jurisdictions. The team is led by Victor Wan, a specialist in OTC derivatives who advises corporates, directors and shareholders. The 'incredibly smart' Stephen Song acts on equity financings and derivatives, as well as commodity hedging and private credit transactions. I-Ping Soong handles industry-standard derivatives documentation while contributing towards the firm's burgeoning tokenisation offering. Karen Lam left the firm in December 2024 with Chin-Chong Liew exiting in July 2025.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Full-service global firm with a partner duo with the length and depth of experience which is the best in the market.’
‘Stephen Song has an incredible ability to explain complex legal terms and concepts in an accessible way that enables clients to properly understand the risks of the transaction. He is incredibly smart but also approachable and commercial.’
‘The standout feature is the bench strength of the team. Linklaters have a number of excellent partners but more importantly a strong team of capable associates.’
‘Stephen Song is an exceptional partner who can work on a large number of deals at once but demonstrates thorough knowledge and engagement with all of the key issues across all of them.'
‘Great team of lawyers who are subject matter experts in their field. They are always our bank's go-to lawyers.’
‘They know their law and offer solutions that work.’
Key clients
- Cinda International Asset Management Limited
- Ant Digital Technologies
- The Hong Kong Mortgage Corporation Limited
- The Hong Kong Exchanges and Clearing Limited
- International banks acting as clearing members of Shanghai Clearing House
- Goldman Sachs (Asia) LLC.
- Jefferies (Australia) Pty Ltd.
- Delta Electronics Inc.
- Chinese securities firms
Work highlights
Advising Cinda International Asset Management Limited as arranger and manager on the successful issuance of the tokenised repackaging notes, which are arranged by it and backed by a portfolio of AAA-rated money market funds.
Advising The Hong Kong Mortgage Corporation on its second collateralised loan obligation transaction, Bauhinia ILBS 2.
Advised The Hong Kong Exchanges and Clearing Limited on the design, drafting of documentation for, and the regulatory and legal issues on taking Chinese Government Bonds and Policy Financial Bonds as collateral.
Lawyers
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.
I-Ping Soong
Practice head
Victor Wan
Other key lawyers
Stephen Song; I-Ping Soong; Simon Zhang; Shirley Chan