Tag: Commerce & Finance Law Offices
Metis IPO is world’s first AI driven nano-delivery firm listing
Metis TechBio debuts on the HKEX on 13 May, raising HKD2.1 billion in the world’s first listing of an AI driven nano-delivery platform company
AI ethics rules tighten scrutiny, test compliance: lawyers
New rules on the ethics and application of artificial intelligence technology has significantly raised the level and rigour of review
First ‘Six Little Dragons of Hangzhou’ goes public in HK
Manycore Tech is the first of the so-called “Six Little Dragons of Hangzhou” to go public and the world’s first listed spatial intelligence company after debuting on the HKEX on 17 April
The A-List 2025-26: Rising Stars
China Business Law Journal has identified this year’s future leaders in the legal market after an extensive market survey and independent research
Firms advise on micro-drive maker Zhaowei’s HKD1.9bn HKEX IPO
Zhaowei Machinery & Electronics listed on the HKEX on 9 March, raising HKD1.9 billion (USD243 million)
Deals of the Year 2025
A look back at the blockbuster transactions of 2025 as we gallop into the Year of the Horse
Firms steer Axera HKD2.96bn IPO
Chip supplier Axera listed on the Hong Kong Stock Exchange, raising HKD2.96 billion (USD378.7 million) and becoming the first Chinese edge AI chip company to go public
Firms map out Knowledge Atlas’ HKD4.3bn IPO
Knowledge Atlas (Zhipu) made history as the world’s first listed general-purpose LLM company on the HKEX on 8 January 2026
Firms advise on Insilico Medicine’s HKD2.28bn HKEX IPO
AI drug discovery firm Insilico Medicine listed on the HKEX main board on 30 December 2025
Rewriting the arbitration playbook
Revised law aims to rebrand China as a trusted forum, offering relief to companies facing cross-border disputes
Heat and chill
Caught between national ambition and market reality, law firms in Chengdu and Chongqing are reshaping their paths
Commerce & Finance adds corporate partner in Hong Kong
Commerce & Finance has hired Bonnie Yung as a partner in Hong Kong, strengthening its corporate and finance practice
Driverless firms Pony.ai, WeRide raise HKD9bn in HKEX IPOs
About 13 firms advised Guangzhou-based Pony.ai and WeRide on HKEX IPOs, raising HKD6.7b and HKD2.39b
Veteran Wang Weidong joins Jingtian & Gongcheng in Beijing
Veteran lawyer Wang Weidong has joined Jingtian & Gongcheng in Beijing as a partner, bringing more than 30 years of experienc
Commerce & Finance officially opens office in Chongqing
Commerce & Finance Law Offices has launched a new Chongqing office led by partner Liao Jun, expanding its presence in Southwest China
Eswin RMB4.6bn debut marks China’s second-largest IPO in 2025
Jingtian & Gongcheng and Commerce & Finance advised Eswin on its RMB4.6b (USD634.5m) SSE Star Market listing
Firms lead on CIG Shanghai’s HKD4.6bn Hong Kong IPO
Baker McKenzie, DeHeng and others advised CIG Shanghai on its HKEX debut, raising HKD4.6b (USD589m)
Firms advise China software provider JST Group on HKD2bn IPO
Davis Polk, C&F, Harneys, Linklaters and Jingtian & Gongcheng advised JST Group on its HKD2.09bn HKEX IPO on 21 Oct
Research, recalibrate, repeat
Market shakeups lead to increasingly complex dispute issues and novel investor strategies to resolve them
No time to rest
The Revenue of 111 Chinese law firms depicts a struggling legal market and a rampant race for survival
Embracing risk
As capital markets resurrect, how can businesses capitalise on opportunities amid risks and nagging uncertainties?
Firms act on Yuzhou’s USD6.7bn offshore debt restructuring
Linklaters, Commerce & Finance and four firms advised on Yuzhou Group’s USD6.68bn offshore debt restructuring
Firms act on China silicon carbide maker SICC’s HKD2bn IPO
Clifford Chance, Grandall, KWM, Freshfields, and Commerce & Finance advised on SICC’s HKD2 billion HKEX debut, issuing 47.75 million H shares at HKD42.8 each
China Business Law Awards 2025
Which Chinese and international law firms have earned client trust through exceptional expertise?
KWM among firms guiding Huadian New Energy’s RMB15.8bn IPO
KWM, Jia Yuan, and C&F advised Huadian New Energy on its RMB15.8bn SSE debut, the largest SOE A-share IPO in 3 years
Commerce & Finance supports CCB’s RMB105bn A-share issuance
Commerce & Finance advised CCB on its RMB105 billion A-share private placement to the Ministry of Finance to boost core capital
Firms advise State Grid on RMB4bn dim sum bonds
State Grid Corp issued RMB4bn in offshore bonds via BVI unit on HKEX, with counsel from Linklaters, KWM, CC, Conyers, C&F
Firms act on Kelun-Biotech’s HKD1.9bn H-share placement
Zhong Lun, S&C, Kirkland & Ellis advised on Kelun-Biotech’s HKEX H-share placement raising HKD1.94b (USD250m)
New rules for securities misrepresentation cases
New 2025 guidelines reshape securities misrepresentation cases in China
Hengrui raises HKD9.8bn in HK’s largest pharma IPO in 5 years
Hengrui raises HKD9.8bn in Hong Kong's largest pharma IPO in five years
Fearless intent
John Quinn discusses Quinn Emanuel's success in dispute resolution amid US-China tensions
15 remarkable years
CBLJ marks a milestone as founder Kelley Fong reflects on its vision, journey, and guiding ethos for the future
Firms advise on Nanshan Aluminium International’s HKD2.2bn IPO
Nanshan Aluminium International debuts on HKEX, raising USD310m for its parent, Nanshan Aluminium
Quartet guides on Yibin Bank’s HKD1.78bn IPO
Clifford Chance, GLO, KWM, and Commerce & Finance advised on YBCCB’s USD227 million IPO in Hong Kong
2024: Keep up!
A wrap-up of the year’s most significant events affecting legal in the region, and how they impacted in-house counsel, policymakers, regulators and law firms
Resolving the blame game
China’s recent surge of equity-related disputes reflects testing economic times – and the importance of swift, effective resolution
Proceed with caution
China's capital market faces tighter regulation, fewer new listings, and renewed interest in key international markets
China Business Law Awards 2024
China Business Law Journal reveals its top performing law firms of 2023
Six law firms advise on Chenqi Technology’s HKEX debut
Clifford Chance, Maples Group, Haiwen & Partners, King & Wood Mallesons, Paul Hastings and Commerce & Finance Law Offices have advised on Chenqi Technology
In-house Counsel Awards 2024
After extensive market research, we unveil the winners of the In-house Counsel Awards 2024
The A-List 2023-24: Rising Stars
When helping clients navigate a complex legal landscape, young elite lawyers have brought fresh ideas and innovative approaches to the table
The A-List 2023-24: Growth Drivers
Following an extensive survey of market opinion and independent editorial research, China Business Law Journal announces the Growth Drivers in China’s legal market.
Four firms advise on Rept Battero’s HKD2.1bn IPO
Freshfields, Fangda Partners, Allen & Overy and Commerce & Finance Law Offices have advised on electric vehicle battery supplier Rept Bettaro’s IPO on the HKEX main board
China Business Law Awards (Regional Awards) 2023
China Business Law Journal identifies the leading “branch office” and “homegrown” law firms across different regions.
10 firms guide delivery company J&T Express’ HKD3.9bn IPO
J&T Express, Southeast Asia's largest fast delivery company, debuted on HKEX, raising USD501 million through a second-largest IPO in the city's history.
Five law firms help EV maker NIO issue USD1bn in bonds
Skadden, Kirkland & Ellis, Han Kun Law Offices, Latham & Watkins and Commerce & Finance Law Offices have advised electric vehicle manufacturer NIO?
Suzhou office beefs up C&F’s Yangtze River Delta services
C&F has opened a Suzhou office in Jiangsu province, the ninth branch in China, creating a robust service cluster in the Yangtze River Delta region with its Shanghai and Hangzhou offices
Keep overcomes data scrutiny to successfully list in Hong Kong
Six law firms acted on Keep’s HKD313 million (USD40 million) IPO, marking the Chinese online fitness platform’s success
Force of nature
With rapidly escalating ESG awareness and evolving policies, China is embracing a robust wave of green investment
Norton Rose’s HK capital markets lawyer heads to Eric Chow & Co
Hong Kong-based capital markets lawyer Terence Lau has left Norton Rose Fulbright after more than seven years of partnership to join Eric Chow & Co, in association with Chinese law firm Commerce & Finance Law Offices, as a consultant
Luzhu Biotechnology launches HKD341m IPO via chapter 18A
Luzhu Biotechnology debuted on the HKEX through chapter 18A, the first biotech company without any revenue or profits to be listed this year, raising USD43.45 million
Deal highlights
Notable IPOs, De-SPAC, bond issuance, joint venture, license agreement, and loans in March and their legal advisors
New rules pave path for Chinese companies to revive offshore IPOs
Chinese companies now have a clearer idea of whether they can list overseas when new China Securities Regulatory Commission (CSRC) rules take effect from 31 March 2023
Hesai becomes the largest Chinese IPO in the US after DiDi
Hesai Technology, a China-based developer of sensors used in autonomous driving, raised USD190 million on its Nasdaq debut, becoming the largest Chinese IPO in the US capital markets since October 2021
Deals of the year 2022
China Business Law Journal announces the most exciting China-related legal transactions and disputes of 2022
Jia Yuan, Commerce & Finance assist Air China, China Eastern’s private share offering
Jia Yuan Law Offices and Commerce & Finance Law Offices advised Air China and China Eastern Airlines, respectively, in the two carriers’ USD4.46 billion private placement of shares
Haidilao restaurant spin-off Super Hi lists on HKEX
Kirkland & Ellis, Jingtian & Gongcheng and Conyers Dill & Pearman were among seven firms advising on the Hong Kong Stock Exchange listing of Super Hi International, a spin-off of Haidilao’s global restaurant business
The A-List 2022
After thorough editorial survey and research, China Business Law Journal presents the elite lawyers in China’s legal market
China’s second largest streaming platform Huafang lists in Hong Kong
Huafang Group, the second largest online entertainment streaming platform in China, raised HKD129 million (USD16.56 million) on its HKEX listing, offering 46 million shares at HKD2.8 each
Three law firms assist Weilong snack brand’s HKD898m Hong Kong IPO
Clifford Chance, Commerce & Finance Law Firm and Maples advised famous Chinese snack brand Weilong on its HKEX listing, raising HKD898 million from the sale of 96.4 million shares at HKD10.56 apiece
Sunshine Insurance raises HKD6.7bn in Hong Kong H-share listing
Sunshine Insurance, a leading private insurance group in China, issued H shares for the first time in an HKEX IPO, raising USD861.4 million and becoming the fourth largest listing on the city’s bourse in 2022
Nickel trader Lygend raises HKD3.67bn in IPO to fund projects
Leading nickel producer and trader Lygend Resources & Technology sold its shares at HKD15.8 apiece to raise HKD3.67 billion (USD470 million) in a Hong Kong IPO
Counting blessings
China Business Law Journal conducted its annual legal market survey for 2021 with 94 leading law firms to seek their views on trends of the past year
Jianzhi Education first Chinese VIE to debut on Nasdaq since DiDi crackdown
Jianzhi Education Technology Group is the first Chinese variable interest entity (VIE) to debut on the Nasdaq since DiDi’s 2021 listing on the same market sparked a crackdown by Chinese authorities
Paul Hastings, JunHe guide Onewo HKEX listing raising HKD5.8bn
Paul Hastings and JunHe advise on China Vanke subsidiary Onewo’s IPO on the HKEX, raising about HKD5.8 billion (USD738 million) in the fourth biggest debut so far in Hong Kong
China Business Law Awards (Regional Awards) 2022
China Business Law Journal identify the leading “branch office” and “homegrown” law firms across different regions
Markets of choice
Chinese companies are finding both challenges and opportunities amid shakeups in capital markets at home and abroad
Avoiding risks to listing success from R&D co-operation
Tech companies must beware of unwanted side effects from these co-operation agreements – ones that may even plague any eventual IPO
HKEX gong chimes as GoGoX goes public
China’s third largest online logistics platform has debuted on the Hong Kong bourse – a move that summoned the strike of the gong back to the trading floor
Watching the watchers
New roles of intermediaries place them under the microscope of capital market regulation
China Business Law Awards 2022
China Business Law Journal reveals the law firms that have excelled in the past year
Leung joins Eric Chow as litigation partner
Eric Chow & Co, an association firm by Commerce & Finance Law Offices, has hired Christy Leung as a partner in its litigation department
Litigator moves to Eric Chow & Co
Hong Kong law firm Eric Chow & Co in Association with Commerce & Finance Law Offices, has bolstered its litigation practice by adding Christy Leung as a partner
Towards the light
Easing of regulations on offshore listing brings hope for an end to a long-running Sino-US dispute
NIO plugs into Singapore Exchange
Chinese electric carmaker NIO debuted on Singapore Exchange by way of introduction without raising funds to become a triple-listed company in Singapore, the US and Hong Kong
Deal highlights
Aquila Acquisition Corporation became the first special purpose acquisition company (SPAC) to list in Hong Kong
NIO plugs into HKEX without fundraising
Electric vehicle manufacturer NIO successfully listed on the main board of the HKEX by way of introduction with shares beginning trading on March 10
Deals of the year 2021
We look back at the most significant transactions and disputes of last year as we ring in the year of the tiger









































































































































