Harneys wins Offshore Law Firm of the Year at ALB China Law Awards
Harneys has won Offshore Law Firm of the Year at the Asian Legal Business China Law Awards. It is the second consecutive year that the firm has won this prestigious award. In addition, Harneys won two Deal of the Year Awards. The results were announced on 23 May at a ceremony held at the Rosewood Hotel in Beijing, China.
The deals
- Equity Market Deal of the Year-Midsize (Led by Calamus Huang) awarded for the firm’s involvement in J&T Global Express Limited's initial public offering and listing on the Main Board of the Hong Kong Stock Exchange. Harneys acted as Cayman Islands legal counsel to J&T Global Express Limited on its successful initial public offering with an offering size of HK$3,918.6 million (approximately US$500 million).
- M&A Deal of the Year - Premium (Led by Jessie Xu) for the firm’s instruction on AstraZeneca's acquisition of Gracell Biotechnologies Inc. Harneys acted as Cayman Islands counsel to Gracell Biotechnologies Inc., a Nasdaq-listed Cayman company, in its merger and acquisition with AstraZeneca for an aggregate consideration of up to approximately US$1.2 billion.
Also shortlisted were China AoYuan’s US$6.2 billion Overseas Debt Restructuring (Led by Chai Ridgers), Greenland Global Investment Limited’s update of the US$8 billion MTN programme (Led by Paul Sephton) and Cheche Technology Inc. and CheChe Group Inc.’s de-SPAC mergers and NASDAQ listing (Led by Raymond Ng).
Shanghai Managing Partner Vicky Lord commented: "We are grateful to the ALB China Law Awards and our many legal colleagues for recognising Harneys, and we are also grateful to our clients for their longstanding trust and support. These honours and recognitions will serve as a motivation for us to go above and beyond to provide our clients with outstanding legal services in a timely, efficient, and innovative manner."
The ALB China Law Awards pay tribute to the outstanding performance of private practitioners and in-house teams in China.
Recently, the firm also won several Deal of the Year awards from China Business Law Journal, IFLR Asia-Pacific, and The Asia Legal Awards, and ALB Southeast Asia.
The Harneys Asia practice is known as one of the most dynamic offshore legal teams in the region. The firm’s three full-service offices across Shanghai, Hong Kong and Singapore represent one of the largest Asia networks of any offshore law firm.
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