Angela has almost two decades of experience advising on a broad range of debt capital markets transactions, including international bond offerings, medium term note programmes, regulatory capital, hybrid securities and equity-linked products such as convertible bonds and exchangeable bonds.
In recent years, Angela is particularly active in advising Chinese clients on their offshore bond issuances, including Chinese state-owned and privately owned enterprises, as well as prominent state-owned banks and other financial institutions.
- Clifford Chance advises Haitong Securities on their issue of RMB 4 billion 3.4% FTZ bonds due 2026.
This is the largest FTZ bond issuance to date and PRC's first Pearl Bond for Haitong Securities that applies the blockchain-based digital bond issuance system set by China Central Depository & Clearing (CCDC).
14 April 2023
- Clifford Chance advises Yuexiu REIT Asset Management Limited on their issue of RMB 1.5 billion 4.15% FTZ guaranteed notes due 2026.
This is the world's first FTZ bond issued by listed REITs.
24 March 2023 - Clifford Chance advises Yuexiu Property on their issue of RMB 2 billion 4% FTZ guaranteed notes due 2026.
This is the largest FTZ bond issuance with lowest interest rate in Greater Bay Area.
16 January 2023 - Clifford Chance advises Huzhou New City Investment Development Group Co., Ltd. on their issue of RMB 200 million 4.5% Credit Enhanced Bonds due 2025 with the benefit of an irrevocable Standby Letter of Credit issued by Bank Of Ningbo Huzhou Branch.
This is the first MoX-listed FTZ Bonds under trustee structure and also the first in the market which allows foreign investors to hold the FTZ bonds via a custodian of CCDC instead of opening FTZ accounts directly with CCDC, opening up access to more foreign investors.
21 December 2021 - Clifford Chance advises Yieldking Investment Limited on the update of US$2 billion Medium Term Note Programme and the subsequent issue of US$400 million 2.80% Notes due 2026 and the tap issue of US$100 million 2.80% Notes due 2026, unconditionally and irrevocably guaranteed by Sichuan Development International Holding Company Limited and with the benefit of a Keepwell Deed and a Deed of Equity Interest Purchase Undertaking provided by Sichuan Development Holding Co., Ltd.
This is the first ever bond issuance by a Chinese corporate entity to have been listed on the HKEX, MOX and LuxSE since the signing of a memorandum of understanding by MOX and LuxSE to allow two-way bond listing in January 2020.
28 September 2021
News and client work
Contact details
- Clifford Chance, Hong Kong
- +85228258891
- Email me
- Speaks English, Mandarin and Cantonese
- Practice area Capital markets
- Sector Banks, Telecommunications, media & technology
Career & qualifications
- The National University of Singapore (LLB) 2003
- Admitted as an advocate & solicitor in Singapore 2004
- Joined Clifford Chance 2007
- Admitted as a solicitor in England & Wales 2009
- Admitted as a solicitor in Hong Kong 2010
- Partner since 2015
Awards and citations
- Leading Individual
Chambers Greater China Region - Capital Markets: Debt (International Firms) - 2026 - "Angela has a rare mix of deep knowledge of the securities market, commercial sense and the ability to create innovative solutions. Angela has all of that and is an absolute safe pair of hands."
Capital Markets: Debt (International Firms) respondent - Chambers Greater China Region 2026 - "Angela is extremely sophisticated and provides holistic solutions to the bank and issuer clients."
Capital Markets: Debt (International Firms) respondent - Chambers Greater China Region 2026 - Leading Partner
Legal 500 – Hong Kong Capital Markets (Debt) – 2026 - Women Leader and Highly Regarded
IFLR1000 – Hong Kong Capital Markets: Debt – 2024 - Woman Lawyer of the Year
ALB Hong Kong Law Awards 2022 - China's elite lawyers (foreign lawyers)
China Business Law Journal A-List 2022 - Outstanding Lawyer
ALB 40 Under 40 2017