Expanding Overseas: Riding the Wind and Waves!

Hong Kong, China (hereinafter referred to as "Hong Kong") is progressively demonstrating openness and inclusivity toward the Web3 and blockchain industries. As an international financial center, Hong Kong has been striving to attract and support the development of Web3 through policy innovation and regulatory optimization, ranging from the compliant licensing of virtual asset trading platforms to the opening of Bitcoin ETFs, with the aim of creating a stable, transparent, and competitive market environment for new economy industries.
Hong Kong, China (hereinafter referred to as Hong Kong) has been gradually demonstrating openness and inclusiveness towards Web3.0 technology and the blockchain industry. From licensing of virtual currency exchanges to the launching of BTC ETFs, as an international financial center Hong Kong has been striving to attract and support the development of Web3.0 through policy innovation and regulatory optimization, striving to create a stable, transparent, and competitive market environment for the new economic industry.
As China's first boutique law firm specializing in the Web3 new economy and deeply rooted in the blockchain industry,Mankun Law Firm, responding to the global compliance development needs of Web3 industry clients, officially announces today the establishment of a Hong Kong-based compliance consulting subsidiary. This expansion marks an acceleration of Mankun's global layout and a further strengthening of its compliance business worldwide. Mankun will continue to provide professional compliance services with global breadth and Chinese depth to overseas Web3 clients, including those in Hong Kong.
As the first boutique law firm in China to focus on the new Web3.0 economy and deeply cultivate the blockchain industry, Shanghai Man Kun Law Firm has officially announced the establishment of a compliance advisory subsidiary in response to the global compliance needs of Web3.0 industry clients. This expansion marks the acceleration of Man Kun’s global layout and the further strengthening of its compliance business worldwide. Man Kun will continue to provide professional compliance services with global breadth and Chinese depth to overseas Web3.0 clients, including Hong Kong.
Meanwhile,Mankun Law Firm is honored to announce that Dr. Bai ZhenDr.will serve asHead of Mankun's Compliance Consulting Practice。Leveraging his extensive cross-jurisdictional experience and specialized expertise in the Web3 field, Dr. Bai Zhen will lead the Mankun Hong Kong team in providing top-tier compliance support and services to Web3 clients.
Meanwhile, Shanghai Man Kun Law Firm is pleased to announce that Dr Bai Zhen (Jen) will serve as the head of Man Kun's compliance advisory. With her rich cross-jurisdictional experience and professional knowledge in the Web3.0 field, Dr. Bai will lead Man Kun's Hong Kong team to provide top-notch compliance support and services to Web3.0 clients.
Team Introduction

Bai Zhen Jen
Mankun Hong Kong Compliance Advisor
Mankun Hong Kong Compliance Consultant
Dr. Bai Zhen holds a Ph.D. from Shanghai International Studies University and a Bachelor’s degree from Flinders University, Australia. She was admitted as a solicitor in Victoria, Australia, in 2018 and has over six years of experience in legal practice and compliance. She previously worked at a major law firm in Hong Kong, specializing in handling complex cross-jurisdictional matters.Dr. Bai is proficient in the laws of common law jurisdictions, with in-depth understanding and extensive practical experience in the regulatory environments of the Securities and Futures Commission (SFC) of Hong Kong and the Australian Securities and Investments Commission (ASIC).
Dr. Bai has a PhD from Shanghai International Studies University and a Bachelor's degree from Flinders University in Australia. She became a registered lawyer in Victoria, Australia in 2018 and has over six years of legal and compliance experience. She worked at a large law firm in Hong Kong and is skilled in handling complex cross-jurisdictional matters. Dr. Bai is proficient in regulatory compliance and has a deep understanding and rich practical experience of the regulatory environments of the Securities and Futures Commission (SFC) in Hong Kong as well as the Australian Securities and Investments Commission (ASIC).
Dr. Bai Zhen’s working languages are:English, Mandarin, French, and Italian。Dr. Bai Zhen’s areas of expertise includethe establishment of crypto asset funds, compliance services in the fintech sector, and applications for financial licensesas well astraditional equity investment financing and token financing。
The working languages of Dr. Bai are English, Mandarin, French, and Italian. Dr. Bai's professional fields cover the establishment of cryptocurrency funds, compliance services in the field of technology finance, financial licence applications, as well as traditional equity stake investment financing and token financing.
Leveraging her international perspective and professional skills, Dr. Bai provides clients with strategic legal solutions. Her professional practice encompasses several significant cases, demonstrating her capability in handling high-level legal matters:
Dr. Bai's international perspective and professional skills enable her to provide strategic legal solutions to clients. Throughout her professional practice, she has demonstrated an ability to competently handle a wide range of complex matters:
· Advising a major Swiss bank on establishing a subsidiary in Hong Kong and assisting with applications for Type 1 (Dealing in Securities) and Type 4 (Advising on Securities) licenses, involving in-depth communication with the Hong Kong SFC and preparation of compliance documentation.
Advised a major Swiss bank on setting up a subsidiary in Hong Kong, assisted the client in applying for Type 1 (dealing in securities) and Type 4 (advising on securities) licences; handled all aspects of communication with Hong Kong's Securities and Futures Commission; drafted policies and procedures to support the client's overall compliance infrastructure.
· Providing advisory services on Type 13 (Providing Custody Services for Retail Clients) licenses to multiple trust companies in Hong Kong, and developing compliance guidelines for a global bank.
Advised numerous top-tier banks and trust companies in Hong Kong on the regulatory requirements for obtaining a Type 13 depositary licence and developed compliance guidelines for a global bank.
· In handling customer complaints against a holder of a Type 2 futures trading license, successfully drafted settlement letters to avoid regulatory issues.
Engaged in providing commercial advice and drafted a settlement letter to successfully enable a Type 2 (Dealing in Futures) licensed client to avoid regulatory complications in the face of a client dispute.
· Provided legal services on compliance and regulatory matters in Hong Kong for a top-tier quantitative private equity fund based in mainland China and a crypto asset trading company.
Advised a top quantitative hedge fund manager in Chinese mainland and a cryptocurrency trading company on compliance and regulatory issues in Hong Kong.
Future Outlook
With the addition of Dr. Bai Zhen and the establishment of Hong Kong compliance advisory services under his leadership, Mankun Law Firm will further consolidate its professional position in providing legal services for the Web3 new economy. This not only enhances Mankun’s client service capabilities in the Asia-Pacific region but also signals plans to deploy a service network across major global crypto finance hubs in the future.ensuring the provision of professional and timely legal support to clients worldwide。
With the addition of Dr. Bai and the establishment of the Hong Kong advisory business under her leadership, Man Kun will further consolidate its professional position in servicing the new Web3.0 economy. This not only enhances Man Kun's client service capabilities in the Asia-Pacific region, but also indicates its plans to layout service networks in major global crypto financial cities in the future, ensuring professional and timely legal support for its clients worldwide.
Join Us
To build a globally renowned brand for Web3.0 legal and compliance services,we sincerely invite like-minded lawyers and Web3.0 talents who aspire to achieve excellence in the legal field of emerging technologies to join us.At Mankun, you will have the opportunity to work alongside leading Web3.0 legal and compliance professionals on high-caliber cases with an international scope. We will provide you with continuous career development support and boundless growth opportunities, helping you reach new heights in your career. Join us in shaping the legal future of Web3.0.
In order to become a globally renowned Web3.0 legal compliance service brand, we sincerely invite more like-minded outstanding legal peers and Web3.0 talents who are eager to achieve success in the emerging technology legal field to join us. At Man Kun, you will have the opportunity to work alongside top Web3.0 legal and compliance professionals and participate in high-level cases internationally. We will provide you with continuous Career Development support and unlimited growth opportunities to help you reach new heights in your career. Join us and shape the future of Web3.0 together.
Disclaimer: Mankun Consulting Limited is a compliance and consulting services provider headquartered in Hong Kong. The Company does not provide legal services.
Disclaimer: Man Kun Advisory Ltd. is a compliance and consulting services provider headquartered in Hong Kong. The firm does not provide legal services.
Resume Submission
If you are interested in joining Mankun’s global Web3.0 legal services team, please submit your resume to: yangli@mankunlaw.com
For more information on recruitment at Mankun Law Firm, please click 👉:"Mankun Recruitment | Multiple Positions in Shanghai, Shenzhen, and Hong Kong – Join Us in Riding the Web3.0 Wave!"
If you are interested in joining the Mankun Global Web3.0 Legal Service Network, please send your resume yangli@mankunlaw.com
For more information about Mankun's Recruitment Process, please click👉: “Mankun Legal Recruitment in Hong Kong, Shenzhen, Hangzhou, Shanghai, China!”
Special Disclaimer:
This article is an original work of Mankun Law Firm. It reflects only the personal views of the author and does not constitute legal consultation or legal advice on any specific matter.




