King & Wood Mallesons has recruited two partners in Hong Kong.
Banking and finance partner Ashley Wong joins from Mayer Brown and will lead the firm’s Hong Kong aviation practice. She specializes in acquisitions and disposals, financing, leasing and commercial arrangements in the aviation industry. She made partner at Mayer Brown in 2012.
Corporate and securities specialist Wang Yu will join the Sino-Australian giant in February from Morrison & Foerster, where he is counsel. Wang, who is U.S.-qualified, focuses on securities offerings, private equity and other corporate transactions.
Last year, Wang advised the underwriters, which includes BOCI Asia, on the $115 million listing of Hong Kong-based rubber products manufacturer Prinx Chengshan Holding Ltd.
The hires reflect the increasing cross-border transactional demand in China and will help capture opportunities from the Greater Bay Area and globally, Hayden Flinn, co-chief executive of King & Wood Mallesons in Hong Kong, said in a statement.
The Greater Bay Area is an ambitious economic plan by the Chinese government to integrate nine cities in southern China with the country’s two special administrative regions: Hong Kong and Macau. According to HSBC estimates, the economy of the Greater Bay Area region is expected to nearly double to $2.8 trillion by 2025 and is a top priority for King & Wood Mallesons.
Earlier this month, the firm promoted Hao Zhou, who leads the China debt capital markets practice in Hong Kong, as the office’s managing partner for client services.