Morrison & Foerster

Hong Kong

IFLR1000 Reviews

Financial and corporate

Formed in 1883, Morrison & Foerster (MoFo) is a San Francisco-based international law firm with 1000 lawyers and 17 offices across the United States, Asia and Europe. In Greater China, the firm established its Hong Kong office in 1983 followed by Beijing in 1998 and Shanghai in 2003.

Focusses / specialisms

MoFo offers its clients US, English and Hong Kong law advice in China-related matters and excels in the equity capital markets, M&A and private equity.

Key clients

Key clients of the firm include Alibaba Group Holding, Softbank Vision Fund, Ascendent Capital Partners, Lvji Technology Holdings, Ally Bridge Group, Shenzhou International Group Holdings and China Harmony New Energy Auto Holding. 

Research period review: 30th edition (2019/2020)

During the research period the firm’s equity capital markets practice was active in proposed and realised IPOs, block trades, share placements and non-public A share issuances.

The M&A and private equity team assisted clients in various funding rounds, investments, take-privates, mergers, joint ventures and acquisitions in private equity, technology, education and sports.

The firm bolstered its private equity and M&A practice with the Shanghai hire of partner Ruomu Li from Fenwick & West and the Beijing hire of Lucy Lu from Dechert. Private equity and real estate funds specialist Maureen Ho joined in Hong Kong from Clifford Chance as did capital markets partner Ke Huang from O’Melveny & Myers. 

Deal highlights: 30th edition (2019/2020)

-Alibaba Group Holding acquisition of 33% stake in Ant Financial

-China Automation Group HK$392 million take-private

-Klook $225 million series D+ financing 

-Lvji Technology Holdings HKSE IPO

-Shenzhou International Group Holdings HK$3.2 billion block trade

-SoftBank Vision Fund $1.5 billion investment into Chehaoduo 

Client feedback: 30th edition (2019/2020)

Asset finance

“Experienced, pragmatic, efficient and good advice.”

Banking

“The team is very helpful in the transaction, namely, thoughtful and commercial on high level issues, highly technical, specific on the details, and persuasive with the counterparty.”

Investment funds

“Solid knowledge in the industry, clear risk analysis, client-friendly and good presentation. They are willing to understand the underlying commercial needs of clients and they will take this into consideration in future projects, which makes it easier to work with them again.”