Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Shearman & Sterling‘s announcement this week that it has acquired a Hong Kong law practice again is spotlighting an ongoing debate among leading Wall Street firms about whether or not to go local in the red-hot market. Shearman has recruited Hong Kong-qualified partners Colin Law and Peter Chen from O’Melveny & Myers. Law, a veteran capital markets lawyer, had previously worked for U.K. firm Lovells before joining O’Melveny in 2006. He will serve as co-head of Shearman’s Hong Kong Office, the firm announced Wednesday. The move by Shearman to acquire local Hong Kong capability follows a year in which the Hong Kong market led the world in initial public offerings, raising $27.2 billion according to Dealogic. A few years ago, the large mainland Chinese companies driving the Hong Kong IPO boom might also have been expected to list in the United States. But such dual listings have become rare.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at [email protected]


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.