Zhonghua (Stephen) Shi

  • Partner
  • Estephen.shi@lw.com
  • 18th Floor, One Exchange Square
  • 8 Connaught Place, Central
  • Hong Kong
  • T +852.2912.2500
  •  
 

Profile

Stephen Shi is a partner in the Hong Kong office of Latham & Watkins and a member of the Corporate Department.

Mr. Shi primarily handles private equity matters, cross border M&A transactions, and venture capital financings, with a particular focus on the Greater China region. Mr. Shi has experience advising top-tier private equity firms and their portfolio companies, and multinational and Chinese corporations on a wide range of complex transactions, including buyouts, growth equity investments, joint ventures, public takeovers, and PIPE.

Prior to joining Latham, Mr. Shi worked in the Hong Kong and Beijing offices of a leading global law firm.

 

Experience

Mr. Shi's experience includes advising:

  • CITIC Capital Partners on its acquisition of a controlling stake in Intramco Europe B.V., one of the leading European manufacturers and developers of electric vehicles charging station components and charging wires
  • Warburg Pincus and another investor as the co-lead investor group on the US$700 million Series A preferred share financing for JD Property, the infrastructure asset management and integrated service platform within JD.com group
  • Goertek on a US$263 million joint venture with MACOM Wireless, a subsidiary of MACOM Technology Solutions, to create a company that will supply, market, and distribute GaN-on-Si based RF Power components 
  • Tencent on its US$1.38 billion take-private of the HKSE-listed Leyou Technologies, an international game development and distribution company, by way of a scheme of arrangement
  • The buyer consortium led by Tencent and Hammer Capital on the ongoing US$1.1 billion privatization of Bitauto Holdings Limited, a US-listed internet content and marketing service provider focusing on the automobile industry, and Tencent as a joint offeror on the consequential mandatory general offer for Yixin Group Limited, Bitauto’s Hong Kong-listed subs idiary, as triggered by the Bitauto privatization
  • Warburg Pincus on a series of secondary transactions in relation to ARA Asset Management Holdings Pte. Limited, the leading APAC real assets fund manager, including its US$275 million acquisition of minority stake in ARA from AVICT Dragon Holdings Limited
  • Warburg Pincus on its establishment of Golden Union Assets with Golden Union Group, a new platform focusing on urban renewal and redevelopment sector in China that holds and manages properties in core locations of Shanghai and Beijing with a total AUM of RMB15 billion
  • Sinotrans Limited, the largest integrated logistics service provider in China and dual-listed on HKEx and Shanghai Stock Exchange, in its 100% acquisition of KLG Europe, a leading logistics solutions provider in Europe, in a two-step acquisition for a total consideration of no more than €385.7 million
  • Vipshop Holdings on its US$523.5 million acquisition of Shan Shan Commercial Group, a China-based owner and operator of a chain of outlets
  • CITIC Capital on its acquisition of Amoy Food Limited and other assets related to the “AMOY” brand sauce and frozen food business from Ajinomoto Co., Inc.
  • CITIC Capital and FountainVest on the US$385.6 million acquisition of a 55% stake in China Merchants Loscam International Holdings Co., Limited from HK-listed Sinotrans
  • Shareholders of the Providence Group, a specialized designer, developer, and manufacturer of healthcare, lifestyle, and industrial products and related component products based in Hong Kong and the PRC, on the sale of 100% interests in Providence Group
  • Carlyle on the US$2.76 billion disposal of its Korean portfolio company ADT Caps to a consortium led by SK Telecom of Korea and Macquarie’s Korean Opportunities Fund
  • Primavera Capital in the US$5 billion investment round of Bytedance, a China-based provider of personal information recommendation engine services
  • L Catterton Asia on its US$175 million investment with JD.com in NASDAQ-listed Secoo Holding Limited through a subscription of convertible note and warrant
  • CITIC Capital on its acquisition of Axilone, a global provider of premium packaging solutions to the beauty care industry, from Oaktree Capital Management — awarded by Mergermarket 2018 as Private Equity Deal of the Year
  • Trax Technologies Solutions, the leading provider of computer vision and analytics solutions for retail, on (i) the acquisition of Quri, Inc., a provider of crowdsourced instore conditions data for the Consumer Packaged Goods industry, and (ii) multiple financing rounds led by HOPU, Boyu Capital, and GIC
Bar Qualification
  • New York
Education
  • LLM, Harvard Law School, 2016
  • BA, LLB, Renmin University of China, 2010
Languages
  • Chinese (Mandarin)
  • English
Practices
  • Mergers & Acquisitions
  • Greater China Practice
  • Emerging Companies
  • Private Equity