In July, our Senior Partner Mr. Leo Zhou in Guangzhou Office provided legal services to Bank of China (Hong Kong) Limited on innovative financial products in cross-border trades, including opining on the structure of the financial products, key legal points and issuing legal opinion.

Bank of China (Hong Kong) Limited is the 5th offshore banking institution engaging Mr. Leo Zhou as their legal advisor. Other prestigious banking institutions include China Construction Bank (Asia), Hong Kong Branch of China Construction Bank, Singapore Branch of China Construction Bank and Industrial and Commercial Bank of China (Asia) Limited.

The innovative financial products aim at the financing business of RMB and foreign currencies in cross-border trades. The products will accelerate the RMB internationalization and give impetus to diversify financing channels in cross-border trades.