Alternative Funds 2025

CHINA Trends and Developments Contributed by: Richard Guo, Zhen Chen, Zhiyi Ren and Sherman Deng, Fangda Partners

Zhiyi Ren is a partner at Fangda Partners based in Shanghai, qualified to practise law in both the PRC and New York. He is a leading regulatory lawyer in China, specialising in regulatory, financial markets, fund

Sherman Deng is a partner at Fangda Partners based in Shanghai, qualified to practise law in both the PRC and New York. His practice focuses on data privacy, cybersecurity and artificial intelligence. Sherman is

products and M&A transactions in the financial sector. Since the most recent wave of China’s financial sector liberalisation, Zhiyi has advised world-class financial institutions/assets managers on establishing the pioneering first batch of foreign- controlled financial institutions in the PRC such as securities firms, fund management companies, futures firms, foreign-invested private securities investment fund managers (known as PFMs), wealth management companies, fund sales institutions, fund custodians, NPL WFOEs, debt QFLPs, QFIIs, and insurance brokers.

currently representing both domestic and multinational clients in infrastructure, hospitality, tourism, bank finance, technology, biotech, internet, and manufacture industries on data governance, incident response and cross-border data transfer matters. Previously, as VP & Senior Counsel at Marriott International for seven years, he managed major data and cybersecurity incidents, led compliance and incident response strategies, and oversaw data localisation and digital partner legal matters in China.

Fangda Partners 24/F HKRI Centre Two HKRI Taikoo Hui 288 Shi Men Yi Road Shanghai 200041 China Tel: (8621) 2208 1166 Fax: (8621) 5298 5599 Email: email@fangdalaw.com Web: www.fangdalaw.com

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