Bio
Angelina Wong is a Senior Associate in the corporate department of Appleby’s Hong Kong office. Angelina advises major international and Asian institutions, listed and private companies, securities providers and leading onshore law firms on the laws of Bermuda, British Virgin Islands and Cayman Islands. Her offshore law practice spans banking and finance transactions including acquisition, leveraged and project financing, privatisation financing, shipping and aircraft financing, structured products, fund financing, crypto/digital financing, non-contentious insurances, bond issuance and restructuring of corporates and financial institutions.
Prior to Appleby, she practiced as a corporate lawyer in a major law firm in Hong Kong where she had gained experience in a wide variety of matters in corporate finance, including initial public offerings, mergers and acquisitions, listed company compliance and other general corporate and commercial matters.
Bio
Angelina Wong is a Senior Associate in the corporate department of Appleby’s Hong Kong office. Angelina advises major international and Asian institutions, listed and private companies, securities providers and leading onshore law firms on the laws of Bermuda, British Virgin Islands and Cayman Islands. Her offshore law practice spans banking and finance transactions including acquisition, leveraged and project financing, privatisation financing, shipping and aircraft financing, structured products, fund financing, crypto/digital financing, non-contentious insurances, bond issuance and restructuring of corporates and financial institutions.
Prior to Appleby, she practiced as a corporate lawyer in a major law firm in Hong Kong where she had gained experience in a wide variety of matters in corporate finance, including initial public offerings, mergers and acquisitions, listed company compliance and other general corporate and commercial matters.
Work Highlights
Some of Angelina’s recent cases include:
- acted as Bermuda and BVI counsel to Shandong Hi-Speed Holdings Group Limited on the launch of its first tokenised bond issuance in the principal amount of US$40 million, being the first bond issuance by a Chinese SOE on the Ethereum blockchain
- acted as Cayman counsel to China Merchants Bank Co. Ltd., Luxembourg Branch and Natixis, Hong Kong Branch in connection with US$155 million NAV facilities for ACE Investment Fund II LP, a renewable energy-focused alternative investment fund
- acted as BVI and Cayman counsel to the ad hoc group and co-ordination committee in Country Garden Holdings’ US$17.7 billion offshore debt restructuring, being one of the largest Chinese restructurings to date in terms of offshore debt size, number and diversity of creditors, and multiple options offered to creditors
- acted as BVI and Cayman counsel to Sino-Ocean Group on all financing aspects relating to restructuring of approximately USD6 billion offshore debt, including an inter-conditional, parallel scheme of arrangement in Hong Kong. Sino-Ocean Group became the first Chinese property group to undergo restructuring using an English restructuring plan and introduced several novel legal elements. The deal was shortlisted at the “IFLR Asia-Pacific Awards 2025 – Deal of the Year – Restructuring”
- acted as Cayman counsel to BPEA Fund on all financing and corporate aspects in the acquisition of a US corporation which provides application platform interface, access and identity management software solutions. The acquisition involved a series of equity financing, share issuance and exchanges together with debt financing with bespoke pricing and exchange mechanism in multiple jurisdictions
- acted as Cayman counsel to Allied Group on the closing of Allied Merger Corporation’s private placement financing for approximately USD267 million relating to a series of transactions including a reverse take-over which culminated in the listing of the resulting issuer’s shares on the Toronto Stock Exchange, being Canada’s largest mining IPO since 2010 with a market capitalisation of CAD1.3 billion (USD970 million) on the first day
- acted as Cayman counsel to Zhongliang International Holdings Group Limited, a Shanghai-based company listed on the Hong Kong stock exchange and primarily engaged in real estate development business, on all financing aspects of the restructuring of its offshore debts, totaling approximately USD1.2 billion, which was implemented by way of a Hong Kong scheme of arrangement and received overwhelming support from its creditors
- acted as BVI and Cayman counsel to a Chinese bank on all the fund financing aspects of the EUR428 million term loan facilities for the purpose of advancing intercompany loan to certain PRC project companies with an extension mechanism subject to NDRC approval and refinancing the existing loan of a Cayman Islands exempted limited partnership (acting through its general partner, being a Cayman exempted company) as borrower, which involved Cayman law governed charges over limited partnership interest granted by BVI chargors
- acted as Bermuda and Cayman counsel to the syndicated lenders on all the financing aspects of the up to CNH2.8 billion (or equivalent) multi-tranche real estate refinancing facility to a Bermuda incorporated borrower, which involved (i) security over the shares of a private Bermuda company which required, among other things, approval from the Bermuda Monetary Authority for potential transfer of shares upon enforcement of the share security, and (ii) facility linked to certain sustainability criteria verified by an independent environmental certification agency provided to a leading property developer and manager in the PRC with extension mechanism subject to NDRC approval
- acted as BVI counsel to a financial institution on all acquisition financing aspects for investments in PRC logistics development projects, which involved (i) the BVI incorporated lender subscribing for majority shares of the BVI incorporated borrower pursuant to a subscription and shareholders agreement with put option and call option exercisable upon the full repayment of the loan, and (ii) various personal guarantees and finance documents that constitute a NBWD (nei bao wai dai) transaction pursuant to the PRC Administrative Regulations on Cross Border Guarantee and was subject to SAFE registration
- acted as BVI counsel to a Chinese bank on term loan facilities to refinance existing loan and to finance the privatization of a Bermuda exempted company listed on the Hong Kong stock exchange, which involves a scheme of arrangement under Section 99 of the Companies Act of Bermuda involving the cancellation of all the Scheme Shares and the issuance to the BVI Borrower such number of Target Shares equal to the number of Scheme Shares cancelled under the proposal
Some of Angelina’s recent cases include:
- acted as Bermuda and BVI counsel to Shandong Hi-Speed Holdings Group Limited on the launch of its first tokenised bond issuance in the principal amount of US$40 million, being the first bond issuance by a Chinese SOE on the Ethereum blockchain
- acted as Cayman counsel to China Merchants Bank Co. Ltd., Luxembourg Branch and Natixis, Hong Kong Branch in connection with US$155 million NAV facilities for ACE Investment Fund II LP, a renewable energy-focused alternative investment fund
- acted as BVI and Cayman counsel to the ad hoc group and co-ordination committee in Country Garden Holdings’ US$17.7 billion offshore debt restructuring, being one of the largest Chinese restructurings to date in terms of offshore debt size, number and diversity of creditors, and multiple options offered to creditors
- acted as BVI and Cayman counsel to Sino-Ocean Group on all financing aspects relating to restructuring of approximately USD6 billion offshore debt, including an inter-conditional, parallel scheme of arrangement in Hong Kong. Sino-Ocean Group became the first Chinese property group to undergo restructuring using an English restructuring plan and introduced several novel legal elements. The deal was shortlisted at the “IFLR Asia-Pacific Awards 2025 – Deal of the Year – Restructuring”
- acted as Cayman counsel to BPEA Fund on all financing and corporate aspects in the acquisition of a US corporation which provides application platform interface, access and identity management software solutions. The acquisition involved a series of equity financing, share issuance and exchanges together with debt financing with bespoke pricing and exchange mechanism in multiple jurisdictions
- acted as Cayman counsel to Allied Group on the closing of Allied Merger Corporation’s private placement financing for approximately USD267 million relating to a series of transactions including a reverse take-over which culminated in the listing of the resulting issuer’s shares on the Toronto Stock Exchange, being Canada’s largest mining IPO since 2010 with a market capitalisation of CAD1.3 billion (USD970 million) on the first day
- acted as Cayman counsel to Zhongliang International Holdings Group Limited, a Shanghai-based company listed on the Hong Kong stock exchange and primarily engaged in real estate development business, on all financing aspects of the restructuring of its offshore debts, totaling approximately USD1.2 billion, which was implemented by way of a Hong Kong scheme of arrangement and received overwhelming support from its creditors
- acted as BVI and Cayman counsel to a Chinese bank on all the fund financing aspects of the EUR428 million term loan facilities for the purpose of advancing intercompany loan to certain PRC project companies with an extension mechanism subject to NDRC approval and refinancing the existing loan of a Cayman Islands exempted limited partnership (acting through its general partner, being a Cayman exempted company) as borrower, which involved Cayman law governed charges over limited partnership interest granted by BVI chargors
- acted as Bermuda and Cayman counsel to the syndicated lenders on all the financing aspects of the up to CNH2.8 billion (or equivalent) multi-tranche real estate refinancing facility to a Bermuda incorporated borrower, which involved (i) security over the shares of a private Bermuda company which required, among other things, approval from the Bermuda Monetary Authority for potential transfer of shares upon enforcement of the share security, and (ii) facility linked to certain sustainability criteria verified by an independent environmental certification agency provided to a leading property developer and manager in the PRC with extension mechanism subject to NDRC approval
- acted as BVI counsel to a financial institution on all acquisition financing aspects for investments in PRC logistics development projects, which involved (i) the BVI incorporated lender subscribing for majority shares of the BVI incorporated borrower pursuant to a subscription and shareholders agreement with put option and call option exercisable upon the full repayment of the loan, and (ii) various personal guarantees and finance documents that constitute a NBWD (nei bao wai dai) transaction pursuant to the PRC Administrative Regulations on Cross Border Guarantee and was subject to SAFE registration
- acted as BVI counsel to a Chinese bank on term loan facilities to refinance existing loan and to finance the privatization of a Bermuda exempted company listed on the Hong Kong stock exchange, which involves a scheme of arrangement under Section 99 of the Companies Act of Bermuda involving the cancellation of all the Scheme Shares and the issuance to the BVI Borrower such number of Target Shares equal to the number of Scheme Shares cancelled under the proposal
Qualifications & Education
Angelina is fluent in English, Mandarin and Cantonese.
Angelina was admitted as a solicitor of the High Court of Hong Kong (non-practicing) in October 2020, as a solicitor of the Senior Courts of England and Wales (practicing) in November 2020 and as an attorney and counselor-at-law in the State of New York (non-practicing) in November 2025.
Angelina passed the National Unified Legal Professional Qualification Examination, PRC in 2021.
- The University of Hong Kong (LLB, PCLL)
Angelina is fluent in English, Mandarin and Cantonese.
Angelina was admitted as a solicitor of the High Court of Hong Kong (non-practicing) in October 2020, as a solicitor of the Senior Courts of England and Wales (practicing) in November 2020 and as an attorney and counselor-at-law in the State of New York (non-practicing) in November 2025.
Angelina passed the National Unified Legal Professional Qualification Examination, PRC in 2021.
- The University of Hong Kong (LLB, PCLL)