| Project |
Year |
Money |
Section |
Category |
| DFM acquires auto arm's 55% stake |
2023 |
RMB6.2 billion |
M&A |
Acquisition agreement; tender offer; automobiles |
| Jinggong's dispute over World Cup stadium construction |
2023 |
N/A |
Cross-border Dispute Resolution |
Construction disputes; Belt and Road Initiative |
| Airbus builds first full cycle aircraft service centre |
2023 |
RMB21 billion |
Projects |
Construction; aviation |
| BASF, SPIC sign 25-year green PPA |
2023 |
EUR10 billion |
General Corporate Matter |
Corporate and commercial; new energy |
| Cofco Fortune secures USD2.9 billion investment |
2023 |
USD2.9 billion |
PE/VC |
Equity exchange; food |
| Enflame Technology's series D financing |
2023 |
RMB2 billion |
PE/VC |
Financing; artificial intelligence |
| Avatr's USD411m series B funding round |
2023 |
RMB3 billion |
PE/VC |
Financing; electric vehicles |
| Sinoma Lithium Battery Separator financing |
2023 |
RMB14.2 billion |
PE/VC |
Financing; new energy |
| CSC SPIC New Energy REIT raises USD1.1bn |
2023 |
RMB7.84 billion |
ABS/REITS |
Fund establishment; infrastructure REIT; new energy |
| SPIC's first offshore wind power quasi-REIT |
2023 |
RMB8.1 billion |
ABS/REITS |
Funds; infrastructure REIT; new energy |
| Baowu sets up O/S compliance management system |
2023 |
N/A |
General Corporate Matter |
International compliance; steel |
| Amethystum IPO fraud |
2023 |
N/A |
Domestic Dispute Resolution |
IPO fraud; securities compliance |
| Maersk Honam's damage to property liability |
2023 |
N/A |
Cross-border Dispute Resolution |
Liability disputes; shipping |
| First ABS fraudulent issuance case |
2023 |
N/A |
Domestic Dispute Resolution |
Misrepresentation; intermediary liability |
| Lotus Technology's SPAC listing on Nasdaq |
2023 |
USD880 million |
Equity Capital Markets |
Nasdaq; SPAC listing; electric vehicles |
| Lepu, Keymed exclusive licence to AstraZeneca |
2023 |
N/A |
Intellectual Property |
Out-licensing; biopharmaceutical |
| Bankruptcy reorganisation of Grandland Group |
2023 |
RMB16.4 billion |
Liquidation, Bankruptcy And Restructuring |
Reorganisation; construction decoration |
| Loncin Group: order from chaos |
2023 |
RMB40 billion |
Liquidation, Bankruptcy And Restructuring |
Reorganisation; manufacturing |
| Six design institutes spinoff and merger |
2023 |
RMB23.5 billion |
M&A |
Reverse takeover; construction |
| Nanjing Nangang Iron and Steel United's 60% equity transaction |
2023 |
RMB13.58 billion |
M&A |
Right of first refusal; tender offer; dispute resolution; steel |
| Yuexiu Property's rights issue in Hong Kong |
2023 |
HKD8.36 billion |
Equity Capital Markets |
Rights issue; real estate |
| China's first merger in financial leasing industry |
2023 |
RMB14.2 billion |
M&A |
Secondary offering; share acquisition; financial leasing |
| SRBG buys East African potash project |
2023 |
USD166 million |
M&A |
Share acquisition; auction; mining |
| China Resources Land's monster acquisition |
2023 |
RMB12.4 billion |
M&A |
Share acquisition; real estate |
| NetDragon's overseas carve-out mergers with GEHI |
2023 |
USD800 million |
M&A |
Spinoff listing; reverse takeover; education |
| Huaqin Technology's Shanghai listing |
2023 |
RMB5.85 billion |
Equity Capital Markets |
SSE; smart hardware |
| CCB sets up first housing rental fund |
2022 |
RMB30 billion |
Domestic |
Fund establishment; real estate |
| China Yangtze Power’s asset restructuring |
2022 |
USD11.9 billion |
Domestic |
Asset restructuring; energy |
| ECARX SPAC listing on Nasdaq |
2022 |
USD3.82 billion |
Capital Markets |
De-SPAC; US listing; automobile |
| Fuguiniao bonds’ misrepresentation of liability |
2022 |
N/A |
Disputes & Investigations |
Capital markets; misrepresentation |
| GAC Aion’s series A financing |
2022 |
RMB18.3 billion |
Domestic |
Financing; automotive |
| Guojin CRCC REIT raises USD687m |
2022 |
RMB4.8 billion |
Capital Markets |
Fund establishment; infrastructure REIT |
| Hong Kong Airlines’ debt restructuring |
2022 |
USD6.2 billion |
Cross-border |
Restructuring; aviation |
| Hygon’s USD1.5bn SSE listing |
2022 |
USD1.5 billion |
Capital Markets |
Star Market; semiconductor |
| LianBio offers shares on Nasdaq |
2022 |
USD325 million |
Capital Markets |
US listing; biotechnology |
| MheA of Longyuan Power and Pingzhuang Energy |
2022 |
RMB10 billion |
Domestic |
M&A; energy |
| National pipeline group acquires subsidiary equity |
2022 |
RMB70 billion |
Domestic |
M&A; pipeline transportation |
| NCG substantive consolidation |
2022 |
N/A |
Domestic |
Restructuring; construction |
| Range Intelligent’s backdoor listing on SZSE |
2022 |
RMB19.6 billion |
Capital Markets |
Star Market listing; reverse takeover |
| SenseTime’s USD740m Hong Kong listing |
2022 |
HKD5.78 billion |
Capital Markets |
Hong Kong listing; technology |
| Shenyang Dairy’s restructuring |
2022 |
RMB5 billion |
Domestic |
Restructuring; dairy |
| Tianqi Lithium raises USD1.7bn in Hong Kong |
2022 |
USD1.7 billion |
Capital Markets |
Hong Kong listing; lithium battery |
| Tims China lists via SPAC on Nasdaq |
2022 |
USD1.4 billion |
Capital Markets |
de-SPAC; US listing; catering |
| United Imaging Healthcare’s USD1.6bn listing |
2022 |
USD1.6 billion |
Capital Markets |
Star Market listing; medical technology |
| Zhangzidao Group liability dispute |
2022 |
N/A |
Disputes & Investigations |
Misrepresentation |
| ‘Wuyang bonds’ securities misrepresentation |
2021 |
RMB740 million |
Disputes & Investigations |
Capital market; litigation |
| Blackstone’s airport logistics park acquisition |
2021 |
USD1.1 billion |
Cross-border |
M&A; logistics |
| CGWAM, Xingfu Industry loan agreement dispute |
2021 |
N/A |
Disputes & Investigations |
Contract dispute; asset management |
| Dalian Port’s merger with Yingkou Port |
2021 |
RMB50 billion |
Domestic |
M&A |
| Establishment of Schroder-BOCOM JV |
2021 |
N/A |
Cross-border |
Joint venture; wealth management |
| Feima International restructuring |
2021 |
RMB13 billion |
Domestic |
Bankruptcy restructuring; logistics |
| First investment arbitration against African country |
2021 |
N/A |
Disputes & Investigations |
International arbitration; Belt and Road Initiative |
| Founder Group’s USD11bn restructuring |
2021 |
USD11 billion |
Domestic |
Bankruptcy reorganisation |
| Galanz acquires Whirlpool (China) |
2021 |
N/A |
N/A |
N/A |
| GD Power, China Energy asset swap |
2021 |
RMB20 billion |
Domestic |
Asset swap; energy |
| Hengxing Gold privatisation |
2021 |
N/A |
Capital Markets |
Privatisation |
| HNA Group restructuring |
2021 |
RMB41 billion |
Domestic |
Bankruptcy restructuring; aviation |
| Infra REIT listing Shenzhen: Bosera CMS Shekou |
2021 |
N/A |
Capital Markets |
REIT; GEM listing |
| Moore Threads’ series A financing |
2021 |
RMB2 billion |
Domestic |
Financing; semiconductors |
| NavInfo electronic map case against Qihoo 360 |
2021 |
RMB10.5 million |
Disputes & Investigations |
Intellectual property |
| Sanpower Group debt restructuring |
2021 |
RMB62.4 billion |
Domestic |
Restructuring |
| Tencent’s Sogou privatised from NYSE |
2021 |
USD3.5 billion |
Capital Markets |
Privatisation; technology |
| Three Gorges Renewables’ Shanghai IPO |
2021 |
USD3.5 billion |
Capital Markets |
Shanghai IPO; energy |
| Universal Beijing Resort establishment |
2021 |
N/A |
Domestic |
Joint venture; tourism |
| Airbus Group multinational investigation |
2020 |
EUR3.6 billion |
Disputes & Investigations |
Anti-corruption investigation |
| China Merchants Commercial REIT’s HK listing |
2020 |
HKD2.56 billion |
Overseas Deals |
REIT |
| Fintech giant Lufax’s US listing |
2020 |
USD2.36 billion |
Overseas Deals |
US listing; fintech |
| Guazi.com series D financing |
2020 |
USD1.7 billion |
Deals in China |
Financing |
| Haier’s H-share issue, privatisation of Haier Electronics |
2020 |
N/A |
Overseas Deals |
Privatisation; Hong Kong listing |
| Huaxin Hydropower’s bankruptcy restructuring |
2020 |
RMB6.28 billion |
Deals in China |
Bankruptcy/restructuring |
| Huishan Dairy restructuring |
2020 |
RMB30 billion |
Deals in China |
Merger; bankruptcy/restructuring |
| Huya’s USD10bn merger with Douyu |
2020 |
USD10 billion |
Deals in China |
M&A; games |
| NetEase’s secondary listing in HK |
2020 |
HKD21 billion |
Overseas Deals |
US listing; internet |
| Ninebot’s Star market IPO |
2020 |
RMB1.241 billion |
Deals in China |
Star market |
| Smoore International’s Hong Kong listing |
2020 |
USD918 million |
Overseas Deals |
Hong Kong listing |
| Sogou, Baidu patent disputes |
2020 |
RMB360 million |
Disputes & Investigations |
IP; litigation |
| Unique case over shareholder marriage disclosure |
2020 |
RMB46.9 million |
Disputes & Investigations |
Civil litigation |
| Apple and Qualcomm’s antitrust disputes |
2019 |
RMB1 billion |
Disputes & Investigations |
Patent litigation; antitrust |
| Ascentage Pharma’s HK listing |
2019 |
N/A |
Overseas Deals |
Hong Kong IPO; pharmaceutical s |
| Canaan Technology’s Nasdaq listing |
2019 |
USD400 million |
Overseas Deals |
US listing |
| China Tianying acquires Urbaser |
2019 |
N/A |
Overseas Deals |
M&A; environmental services |
| CRSC’s A-share listing on Star board |
2019 |
RMB10.53 billion |
Deals in China |
SSE Star board listing |
| Founder Group, subsidiaries, defend in civil compensation litigation |
2019 |
N/A |
Disputes & Investigations |
Capital market litigation n |
| Huajin Aramco Petrochemical Joint venture |
2019 |
RMB69.5 billion |
Belt & Road |
Joint venture; oil industry |
| Jinxin Fertility Group’s HK IPO |
2019 |
HKD3.05 billion |
Overseas Deals |
Hong Kong IPO; healthcare |
| Nylon 66 mixed ownership co-operation |
2019 |
RMB20 billion |
Deals in China |
SOE mixed ownership system reform; chemical industry |
| SenseTime C++/C-prime round financing |
2019 |
USD1 billion |
Deals in China |
Financing |
| Sinomine acquires Cabot Corporation |
2019 |
USD134.7 million |
Overseas Deals |
M&A; mining |
| Sinotrans merges with Sinoair |
2019 |
N/A |
Deals in China |
Merger; aviation |
| Sogou and Baidu’s patent infringement disputes |
2019 |
RMB360 million |
Disputes & Investigations |
Patent dispute |
| Tianqi Lithium acquires part of Sociedad Química y Minera |
2019 |
N/A |
Overseas Deals |
M&A; mining |
| ARA Asset Management's acquisition of Century Link in Shanghai |
2017 |
RMB20 billion |
Deals in China |
Real estate; M&A |
| China Construction Banks’ Jianyuan 2018-11 residential mortgage-backed securitization programme |
2018 |
N/A |
Deals in China |
Asset securitization; real estate |
| China National Uranium acquires from Rio Tinto Group the Rossing uranium mine in Namibia |
2018 |
N/A |
Overseas Deals |
Overseas M&A; Minerals |
| China Resources Healthcare acquires Phoenix Healthcare |
2017 |
N/A |
Deals in China |
Healthcare; M&A |
| China Tower’s Hong Kong IPO |
2018 |
HKD54.3 billion |
Overseas Deals |
Hong Kong IPO; Telecommunications |
| CNMC's investment in African copper mine |
2017 |
N/A |
Overseas Deals |
Overseas investment; Natural resources; PPP |
| CYPA’s rental income asset-backed specific programme (quasi-REIT programme) |
2018 |
N/A |
Deals in China |
Asset securitization; real estate |
| Development of Thar Block II coal mine in Pakistan |
2016 |
USD1.521 billion |
Overseas Deals |
Energy & natural resources; overseas investment |
| Employee placement in China Overseas Property'sacquisition of CITIC Real Estate |
2016 |
N/A |
Deals in China |
Labour |
| Establishment of Shanghai Kechuang Centre equity investment fund |
2018 |
N/A |
Deals in China |
Investment fund |
| Formation of the Guotong Private Equity Fund |
2017 |
RMB150 billion |
Deals in China |
Private equity |
| Great Wall Motor and BMW form a Joint venture in China |
2018 |
RMB5.1 billion |
Deals in China |
Sino-foreign Joint venture; new energy vehicle |
| Meituan Dianping’s Hong Kong IPO |
2018 |
USD4.2 billion |
Overseas Deals |
Hong Kong IPO; E-commerce |
| NAURA Technology acquires Akrion Systems |
2017 |
N/A |
Overseas Deals |
Overseas M&A; Semiconductor |
| PE consortium acquires OmniVision |
2016 |
USD1.9 billion |
Overseas Deals |
Overseas M&A; private equity; privatization; technology |
| Ping An acquires stake in Autohome |
2016 |
USD1.6 billion |
Overseas Deals |
Insurance; M&A in China |
| PKU HealthCare’s defence against multiple investors in civil compensation litigation over false securities statements |
2018 |
N/A |
Disputes & Investigations |
Capital market litigation |
| Poland issues the panda bonds in China |
2016 |
RMB6 billion |
Deals in China |
Debt capital market |
| Powerchina Roadbridge Group in four highway projects |
2016 |
RMB55 billion |
Deals in China |
Infrastructure |
| Qingdao Haier’s D-share IPO in Frankfurt |
2018 |
EUR278 million |
Overseas Deals |
D-share IPO |
| SenseTime’s series C/C+ round financing |
2018 |
USD1.22 billion |
Deals in China |
PE/VC; AI |
| Shanghai Disneyland project |
2016 |
RMB34 billion |
Deals in China |
Joint venture; project financing;nrecreation industry |
| Shanghai Pharma’s acquisition of Cardinal Health’s China distribution business |
2018 |
USD557 million |
Overseas Deals |
M&A; Pharmaceuticals |
| Sinohydro secures financing for the Rumaila combined cycle-power station in Iraq |
2018 |
USD1 billion |
Belt & Road |
Energy infrastructure; financing |
| Suning Sports’ series A financing |
2018 |
USD600 million |
Deals in China |
Financing; sports |
| Tesla sets up a new factory in Shanghai |
2018 |
N/A |
Deals in China |
Foreign investment; new energy vehicles |
| Aokang Shoes wins anti-dumping case in EU court |
2013 |
N/A |
Dispute resolution |
Dispute resolution |
| Automotive Gate’s CKD agreement dispute at IC |
2015 |
N/A |
Dispute Resolution |
Dispute Resolution |
| Baidu’s acquisition of 91 Wireless |
2013 |
USD1.9 billion |
Deals in China |
M&A |
| Bank of China (Hong Kong) issues panda bonds |
2015 |
USD1.5 billion |
Debt capital marke |
Debt capital marke |
| Beijing Drainage Group’s sewage treatment and reclaimed water project |
2015 |
USD6.23 billion |
Infrastructure |
Infrastructure |
| China Tower acquires tower assets of three telecom companies |
2015 |
N/A |
Deals in China |
M&A |
| China Vanke’s set-up of guaranteed medium-term note programme |
2013 |
USD2 billion |
Debt capital market |
Debt capital market |
| Danone’s Joint venture with Mengniu and COFCO |
2013 |
USD1 billion |
Joint venture |
Joint venture |
| Focus Media’s delisting from Nasdaq |
2013 |
USD3.7 billion |
Take private |
Take private |
| Ford Auto China’s loan securitisation |
2014 |
USD130 million |
Deals in China |
Equity capital market |
| GF Securities’ Hengjin No. 1 financial lease asset securitisation |
2014 |
USD101 million |
Overseas Deals |
Equity capital market |
| Guangdong Zhongshan-Kaiping Highway project |
2014 |
USD4 billion |
Infrastructure |
Infrastructure |
| JD.com Inc’s IPO on NASDAQ |
2014 |
USD2.05 billion |
Overseas Deals |
Equity capital market |
| JD.com’s partnership with Tencent |
2014 |
USD3-4 billion |
Deals in China |
M&A |
| Nanjing Cenbest acquires 89% stock in House of Fraser |
2014 |
USD250 million |
Overseas Deals |
M&A |
| Pre-registered domain name dispute over ‘quna.com’ |
2015 |
N/A |
Intellectual property |
Intellectual property |
| Syndicated loan for the Guangzhou-Jiangmen Highway project |
2013 |
USD1.65 billion |
Banking & Finance |
Banking & Finance |
| Tsinghua Unigroup’s acquisition of RDA Microelectronics |
2014 |
USD910 million |
Deals in China |
M&A |
| Vertical monopoly agreement case between Johnson & Johnson and Rainbow |
2013 |
USD87,000 |
Dispute resolution |
Dispute resolution |
| WuXi PharmaTech’s privatization |
2015 |
USD3.3 billion |
Take private |
Take private |
| Yue Xiu Group’s acquisition of HK-listed Chong Hing Bank |
2013 |
USD1.5 billion |
Overseas Deals |
M&A |
| Yunnan Jinning-Hongtaqu Highway BOT concession project |
2014 |
USD1.4 billion |
Infrastructure |
Infrastructure |
| Weichai Power buys a major stake in German's Kion |
2012 |
USD976 million |
Overseas Deals |
M&A |
| China v ConocoPhillips in a sea pollution claim |
2012 |
USD269 million |
Dispute resolution |
Dispute resolution |
| China National Agrochemical buys Israeli agrochemical company |
2011 |
USD2.4 billion |
Overseas Deals |
M&A |
| Shenzhen Huaxing Photoelectric's syndicated loan |
2010 |
USD1.28 billion |
Banking & finance |
Banking & finance |
| First RMB loan to a non-Chinese borrower |
2010 |
USD294 million |
Banking & finance |
Banking & finance |
| AsiaAlum Group syndicated loan |
2010 |
RMB4 billion |
Banking & finance |
Banking & finance |
| Foreign-invested commercial bank issues RMB bonds in China |
2010 |
RMB1 billion |
Banking & finance |
Banking & finance |
| Joyou IPO |
2010 |
EUR91 million |
Overseas Deals |
Capital markets;listings |
| SOHO acquires prominent plot on the Bund |
2010 |
RMB2.25 billion |
Infrastructure, Power & Project Finance |
Infrastructure, Power & Project Finance |
| Shanghai Disneyland |
2010 |
USD3.5 billion |
Inbound M&A and FDI deals |
Inbound M&A and FDI deals |
| Sound Global listed in HK |
2010 |
HKD1.36 billion |
Environment & natural resources |
Environment & natural resources |
| An external guarantee case before the Supreme Court |
2010 |
RMB66.5 million |
Dispute resolution |
Dispute resolution |
| American Arbitration Association case settled |
2010 |
USD2.5 million |
Dispute resolution |
Dispute resolution |
