Hong Kong skyline (Photo: Daniel Fung/Shutterstock.com)JunHe's Hong Kong Office Founding Partner Leaves to Launch Local Firm
Wang Xiaojun launched JNJ Partners with a pair of former partners from local firm Benny Pang & Co.
July 15, 2019 at 12:18 PM
3 minute read
The founding partner of leading Chinese firm JunHe's Hong Kong office has left to co-found a local firm.
Wang Xiaojun leaves JunHe after 16 years to start JNJ Partners with Jenny Chu and Norman Lee, both former partners of local firm Benny Pang & Co. JNJ has three other lawyers, all also from Hong Kong firms.
Wang launched his first practice, XJ Wang & Co, in 2001, which formed an association with JunHe in 2006 and merged with the Beijing-based firm's Hong Kong office three years later. He specialises in capital markets, corporate and mergers and acquisitions.
Previously, Wang was in investment banking as an associate director at Peregrine Capital Ltd. for a year in 1997 and then as director of ING Barings Asia Ltd. from 1997 to 2001. Before that, he practised at legacy Richards Butler from 1993 to 1996.
Meanwhile, JunHe hired Phyllis Xu as a Hong Kong partner from an in-house role. Xu, who will also spend time in Shanghai, focuses on capital markets, mergers and acquisitions, financing, fund formation and private equity investments.
She joins JunHe after two years in-house as group general counsel of Hong Kong-based asset manager Finex Asia Investment Ltd. Previously, Xu did stints as an in-house lawyer at property developer Hongkong Land Co. Ltd., as a senior associate at DLA Piper and as a foreign legal consultant at Jones Day's Shanghai office.
JunHe has 13 partners in Hong Kong, focusing on corporate, M&A and capital markets work.
Several leading Chinese firms have been expanding in Hong Kong recently. Fangda Partners has recruited at least five partners since last year, including three capital markets specialists from Shearman & Sterling; and Jingtian & Gongcheng launched a nine-lawyer office last year with former partners from Mayer Brown.
Meanwhile, Zhong Lun Law Firm has lost six partners so far this year, including three to Big Four accounting firm Deloitte's Hong Kong law firm. Haiwen & Partners also recently saw its Hong Kong office founding partner Guiping Lu and corporate partner Max Hua leave for U.S. firms K&L Gates and Shearman, respectively; the Chinese firm has since hired Hong Kong partner Philip Chan.
|Related Stories:
China's Haiwen Adds Hong Kong Partner Amid Departures to US Firms
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