Chinese Law Firms Handle Entire Hong Kong IPO Work, Breaking International Firms’ Dominance, Says Journal
中資律師行包辦港IPO工作 《商法》期刊:打破國際律師行主導慣例
The China Business Law Journal reported that in the past two months, at least three Chinese law firms have handled legal advisory work and prospectus drafting for Hong Kong IPOs, breaking the convention of international law firms dominating such work. Pong Jeh Wang, a partner at the Hong Kong office of Jianyuan Law Firm, said Chinese law firms have a deeper understanding of Chinese companies, their business models and finances, and are “well versed” in corporate culture and systems, substantially reducing communication costs between issuers and lawyers.
法律期刊《商法》(China Business Law Journal)報道指,最近2個月至少3間中資律師行包辦赴港IPO(首次公開募股)法律顧問和撰寫招股書工作,打破由國際律師事務所主導的慣例。嘉源律師事務所香港辦公室合夥人王鵬傑認為,中資律師行對中國企業、業務模式和財務有更深刻理解,對企業文化制度「游刃有餘」,大幅減少發行人與律師的溝通成本。
