ProfessionalsJeanette K. Chan
Managing Partner of the China Practice and head of the Asia Communications and Technology Practice, Jeanette K. Chan is a member of the Corporate Department and splits her time between the firm’s offices in Hong Kong and Beijing.
Jeanette's practice focuses on foreign direct investments into the PRC, with an emphasis on joint ventures, mergers and acquisitions and private equity investments. She has also been an active participant in the Chinese telecommunications, IT and media markets since 1994, when they first opened to foreign companies. The other industries Jeanette has been involved in include insurance, banking, chemicals, pharmaceuticals and health care.
Jeanette spent several years with Paul, Weiss in Hong Kong, New York, Beijing and Shanghai prior to relocating to Hong Kong in 1992. She also spent almost two years based in Hong Kong as the Senior International Legal Advisor of Cable & Wireless, plc for the Asia Pacific region, assisting with their operations and business development teams in the region.
Selected transactions Jeanette has been involved in recently include advising:
- Ageas Insurance International N.V. in the US$1.38 billion sale of its Hong Kong insurance subsidiary to JD Capital, a China-based asset manager;
- DreamWorks Animation:
- on its ground-breaking joint venture with various Chinese partners to establish the leading China-focused family entertainment company in the PRC - Oriental DreamWorks; and
- in its investment in "Shanghai DreamCenter", a US$2.4 billion cultural real estate project that will consist of commercial real estate, office buildings and culture/entertainment components;
- Microsoft Corporation in its joint venture with China Electronic Technology Corporation (CETC) to license, deploy, manage and optimize Windows 10 for China's government agencies and certain state-owned enterprises in mission critical infrastructure sectors and to provide ongoing support and services for these customers;
- Shanghai Shendi Group Co., a new PRC state-owned enterprise, in its joint venture with The Walt Disney Co. to build its first mainland China theme park in Shanghai. The Shanghai Disney theme park is the first world-class and Disney branded resort encompassing Chinese and Shanghai characteristics in China. The joint venture, ten years in the making, was an extremely complicated transaction and is said to be worth US$5.5 billion;
- Shaw Kwei & Partners Limited in the acquisition of Beyonics Technology Limited, a major player in the electronics manufacturing and precision engineering services landscape in Asia.
- in a US$1.58 billion joint investment with Alibaba Group, a China-based online and mobile commerce company, and Oriza Holdings, a China-based investment arm of Suzhou Industrial Park, in CMC Holdings, a China-based media and entertainment business;
- in a US$1.55 billion joint investment with JD.com, a China-based online shopping services company, in Bitauto Holdings Limited, a China-based Internet content and marketing provider for the automotive industry; and
- as part of a consortium of investors in the US$1 billion privatization of Bona Film Group Limited, a leading distributor and vertically integrated film company in China;
- The Carlyle Group:
- in the sale of its shareholding in Natural Beauty Bio-Technology Limited;
- in the US$2.4 billion sale of all its interest in kbro, Co., Taiwan's largest cable TV operator, to Wealth Media Co., representing one of the largest M&A deals to have ever occurred in Taiwan, and only the third foreign private equity-sponsored public-to-private transaction ever in Taiwan. The transaction was conducted in two tranches; and
- in the disposal of its stake in Taiwanese bank Ta Chong Bank Limited in a share swap with Yuanta Financial Holdings Ltd.;
- Universal Parks & Resorts in connection with the proposed Universal Beijing Resort project which will include the Universal Beijing Theme Park, and other resort components; and
- Completed numerous transactions for clients including Asia Satellite Telecommunications, Astro All Asia Networks plc, Eastman Chemical, General Atlantic, MIH Asia Limited, Motorola, Nan Fung Group, Sony Pictures, Silver Lake Partners, Soros Fund Management and Temasek Holdings.
Jeanette is frequently recognized as one of the world's leading PRC law practitioners, particularly in the communications, media and technology industries, by various publications, including:
- "Band 1" Leading Individual for private equity/buyouts & venture capital investment (international firm) and TMT (international firm) in China by Chambers Asia-Pacific (2017)
- "Leading Individual" for TMT in Hong Kong and private equity/venture capital (foreign firm) in China by The Legal 500 Asia Pacific (2017)
- "Leading Lawyer" in Hong Kong for private equity and M&A by IFLR1000 (2017)
- "Outstanding Practitioner Award" at the Euromoney Legal Media Group's Asia Women in Business Law Awards (2016)
- "International Dealmaker of the Year" at the China Law & Practice awards, a publication of ALM Media Properties, which also publishes The American Lawyer (2016)
- Leading Lawyer for Corporate and Telecommunications, Media & Technology in Hong Kong by Who's Who Legal (2016)
- "Best in M&A and Private Equity" at the Euromoney Legal Media Group's Asia Women in Business Law Awards (2015)
- "Dealmaker of the Year" at the Asian Legal Business Hong Kong Law Awards (2015)
Jeanette is a member of the New York Bar. She is also admitted to practice law in Canada and Hong Kong and is a non-practicing solicitor of England and Wales. Jeanette is a foreign legal consultant of the All China Lawyer's Association.