Global law firm Eversheds Sutherland has appointed capital markets partner Peter Cheng (郑柏皓) from Paul Hastings to lead its Hong Kong equity capital markets practice. Joining the corporate finance practice group Mr. Cheng will work closely with Dickson Ng, Head of Corporate in Hong Kong, to expand the firm's equity capital markets capabilities across initial public offerings, secondary offerings, and compliance advisory for listed companies. His appointment expands the Hong Kong partnership of the firm to 13.
During his tenure at Paul Hastings Mr. Cheng focused on Hong Kong IPOs, equity capital markets transactions, mergers and acquisitions, private equity investments, and regulatory compliance. His recent notable mandates include advising semiconductor company Novosense Microelectronics on its USD 284 million Hong Kong IPO in 2025 and representing 3D printing manufacturer Shenzhen Creality 3D Technology on its USD 176 million IPO in May 2026. Mr. Cheng joined Paul Hastings in November 2022 having previously practiced as a partner at Hong Kong firm Deacons following an earlier tenure at Davis Polk & Wardwell.
The addition of Mr. Cheng reinforces the corporate capabilities of Eversheds Sutherland in Hong Kong following several lateral departures in recent periods. Former technology and data partner Rhys McWhirter transitioned to Latham & Watkins last year followed by former partner Frankie Tam (谭颖思) moving to Baker McKenzie. In late 2025 the firm recruited former Linklaters technology partner Albert Yuen (阮柏强). The Hong Kong corporate team also leverages the formal referral alliance established in 2023 with King & Wood Mallesons under which KWM refers clients requiring legal advice across the United Kingdom, Europe, the Middle East, Africa, and Latin America to Eversheds Sutherland while Eversheds Sutherland directs clients seeking PRC legal counsel to King & Wood Mallesons.
For Paul Hastings the departure of Mr. Cheng comes amid a series of corporate partner exits across Greater China even as the US firm maintains active momentum in the recovering Hong Kong IPO market. In June 2026 Sullivan & Cromwell hired Hong Kong capital markets partner Steven Hsu (徐家铮) from the firm. In mainland China former Beijing and Shanghai office head David Wang (王圣豪) alongside private equity partner Meka Meng (孟庆凯) departed for Hogan Lovells last year. Despite these partner movements Paul Hastings continues to drive substantial capital markets deal flow having advised on seven major China-related technology IPOs this year.
