Tess Fang



Hong Kong SAR

Tess specialises in private equity and mergers and acquisitions in Greater China and the U.S. 
She has extensive experience advising on cross border transactions, including M&A and divestures, private equity transactions and joint ventures across numerous industries. Tess has worked in Mainland China, New York and Hong Kong SAR.


Representative matters

Uni-President and President Chain Store on the acquisition of Carrefour Taiwan from the Carrefour Group. The transaction values Carrefour Taiwan at over USD2 billion enterprise value.

Zhongsheng on its USD1.3bn acquisition of Zung Fu (China) Limited HK, a subsidiary of Jardine Matheson operating its Mercedes-Benz dealership in China.

China Resources on a Hong Kong real estate transaction involving over USD1.75 billion additional land premium; highest in recent years in Hong Kong.

Shanghai Wagas Group (including Baker & Spice) on the sale of controlling equity stake to a global private equity firm.

Speaking Engagements

Panel Speaker of The Legal Management of Opportunity and Risk in Emerging Markets (The Staples Legal Department Diversity Breakfast Series), Framingham, MA, September 2010.



Admitted as solicitor, Hong Kong, 2016

Admitted as solicitor, State of New York, 2009

Qualified, People’s Republic of China, 2003


Master of Law, Harvard Law School, Boston, Massachusett, 2008

Master of Law, East China University of Politics and Law, Shanghai, China, 2005

Bachelor of Law, East China University of Politics and Law, Shanghai, China, 2002


English, Mandarin, Cantonese
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.