Baker McKenzie’s Chinese alliance firm FenXun Partners has hired an eight-lawyer finance team from Zhong Lun Law Firm.
The team includes two partners – Shirley Wang and Grace Chen – and six associates, all based in Beijing. Wang, who leads the team, specialises in financing transactions, especially renminbi-denominated bonds by non-Chinese issuers, otherwise known as ‘panda bonds’. Last year, she advised Hong Kong-based ABC International Holdings Ltd. on a $443 million private placement of panda bonds. She also represents Chinese banks on financing transactions related to the Belt and Road Initiative.
