China's Haiwen Adds Hong Kong Partner Amidst Departures to US Firms
Capital markets partner Philip Chan arrives as second partner sets to leave the office.
June 28, 2019 at 01:12 PM
2 minute read
Haiwen & Partners
Chinese firm Haiwen & Partners has recruited a corporate partner in Hong Kong, following news of two partner exits.
Philip Chan joins the firm's Hong Kong associate firm from Hong Kong-listed developer HKICIM Group, where he was general counsel. Chan advises on Hong Kong capital markets transactions and cross-border mergers and acquisitions. Before taking over at HKICIM, Chan also served as in-house counsel at its parent company, HNA Group (International) Co. Ltd. Earlier in his career, Chan practised with Clifford Chance in Hong Kong – most recently as counsel.
Haiwen said in a statement that Chan's arrival will strengthen the firm's capabilities in equity capital markets and cross-border M&A practice.
Earlier this week, Law.com's The Asian Lawyer reported that Haiwen corporate partner Max Hua will leave to join Shearman & Sterling in Hong Kong. In early June, former partner Guiping Lu left for K&L Gates' Hong Kong office. Both Hua and Lu are Hong Kong-qualified.
Lu, a former Latham & Watkins counsel, helped launch Haiwen's Hong Kong office in 2017, and Hua joined the same year from Cleary Gottlieb Steen & Hamilton. With the addition of Chan, the Hong Kong office has five partners, including corporate partner Wu Zuolong, funds partner Wang Qingjian, entertainment law partner Zhou Jian, and disputes partner Danny Leung. Leung, who is Hong Kong-qualified, also served as in-house counsel at HNA Group before joining the firm in January.
Beijing-based Haiwen is one of the top corporate and securities firms in China. In June, the firm acted as Chinese counsel to vocational school operator China East Education Holdings Ltd's $680 million Hong Kong listing and state-owned China Tobacco International Co. Ltd.'s $103 million debut in the city.
Related Stories:
Shearman & Sterling Rebuilds Hong Kong Capital Markets Practice With Haiwen Hire
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