The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
An exhaustive analysis of the UK market including every firm in the top 200 ranked, analysed and benchmarked, UK chambers ranked by turnover, revenue per barrister and which international firms are most active in the UK.
Paul Hastings’ Hong Kong corporate partner and Greater China chair Raymond Li has emerged to be the owner of Hong Kong’s second-most expensive home, which is worth $95m.
Li has paid HK$740m ($95m) for House No 8 at 28 Barker Road in the prestigious peak area, and paid mostly in cash, according to Wall Street Journal. The luxury property is one of seven townhouses recently developed by Hutchison Whampoa.
It is a 6,863 sq ft, three-storey house with five bedrooms, two parking spots and a rooftop pool with a panoramic view of Victoria Harbor. It is the largest and the most expensive house among the seven according to the project’s website. The price for the other six houses range between HK$500m and HK$690m.
The most expensive home in Hong Kong, as Wall Street Journal reported, was a HK$800m house on Pollock’s Path, also on the Peak.
Li is an experienced capital markets lawyer in Hong Kong and has advised on a large number of Hong Kong IPOs of mainland Chinese companies.
Recently, he advised the underwriters in China Huirong’s Hong Kong IPO and acted for the issuer in Tenwow International’s $203m IPO. However, the most significant transactions Li has advised on this year was Shuanghui International Holdings’ $7.1bn acquisition of US-listed meat producer Smithfield Foods, one of the largest Chinese outbound investments.
According to The Law Society of Hong Kong’s records, Li is a registered foreign lawyer in Hong Kong and is a PRC qualified lawyer. He joined Paul Hastings as a partner in Hong Kong in 2002 from Hong Kong firm Koo & Partners. Previously, he worked as an in-house counsel in Bank of China Hong Kong. He graduated from Xiamen University in China’s Fujian province in 1988.