Siyuan Liu Partner
Beijing
  • Practice： Securities Compliance and Securities Litigation、Arbitration and Mediation、Litigation and Dispute Resolution、Corporate and Commercial Law、Capital Markets
  • Languages： Mandarin、English
  • Tel： （86-10）5809-1385
  • Email： liu.siyuan@jingtian.com
  • Practice： Corporate and Commercial Law、Capital Markets、Arbitration and Mediation、Securities Compliance and Securities Litigation、Litigation and Dispute Resolution
  • Languages： Mandarin、English
  • Tel： （86-10）5809-1385
  • Email： liu.siyuan@jingtian.com
Ms. Siyuan Liu is a partner at Jingtian & Gongcheng and specializes in security compliance, securities litigation, administrative investigation, as well as commercial litigation and arbitration.
 
Ms. Liu’s team offers comprehensive legal services at every stage of securities compliance, from the upstream of establishing compliance systems and conducting compliance evaluation, to the downstream of representing securities-fraud civil litigation, administrative investigation and enforcement, as well as criminal defense. During her practice, Ms. Liu has represented various milestone cases, including without limitation: CITIC Securities's escape from criminal liabilities in relation to its involvement in CITADEL's securities margin trading; Everbright Securities's fat finger case addressing insider trading; Kangdexin’s financial fraud administrative, civil, and criminal litigation; one of the big four accounting firm's securities fraud litigation concerning due diligence; Major shareholder of Hengkang medical Group’s manipulation of securities market case; Luckin Coffee’s securities-fraud litigation; Leshi’s sponsor in non-public offering in its securities fraud litigation, etc.
 
In addition, Ms. Liu demonstrates expertise in navigating complex corporate disputes, including corporate control, valuation adjustment mechanisms (VAM), and other investment-related litigation. With sharp acumen in the nuanced needs of the client and unparalleled insight of regulatory compliance realm, she is able to craft overall strategies to advance the commercial objectives for the client.
 
Ms. Liu is actively involved in legislation and academic events. She serves as director of the Case Law Board of China Law Society; as director of Beijing Law Society Economic Law; as member of the law amendment workgroup organized by the Ministry of Finance of PRC concerning the amendment of the Law on Certified Public Accountants; as mediator in an investor protection institution; as columnist for Caixin. Also, she has provided professional advice on the promulgation and amendment of multiple laws, judicial interpretations, and CSRC regulations. Besides, she is the co-author of The Baseline of Behaviors in Capital Markets and the China Chapter of The Securities Litigation Review. She has contributed to the textbook of securities law "Case Studies in Securities Law". She has published various treatises in Financial Services Law Review, China Case Law Review, Tsinghua Financial Law Review, etc. Ms. Liu is also devoted to legal education and pro bono programs. She has delivered over a hundred lectures and speeches for law students at prestigious academic institutions such as School of Law of Tsinghua University, Peking University, Peking University School of Transnational Law, China University of Political Science and Law, and Central University of Finance and Economics. Moreover, her educational outreach extends to hundreds of listed companies and state-owned enterprise.
 
Ms. Liu was recommended by 2023 and 2024 Chambers Greater China Region Guide in Securities: Litigation; recommended by The Legal 500 for "Compliance" area in 2024; ranked in the top tier for "Securities and Capital Markets: Compliance and Litigation" area by LegalBand in 2024, recommended in the compliance area by LegalBand from 2018 to 2023, as well as listed as "Client Choice: Top 15 Rising Partners" by LegalBand in 2021; recommended by Benchmark Litigation in the government and regulatory area both in the China band and Asia-Pacific band from 2021 to 2024; recommended by Benchmark Litigation in the international arbitration in the China band in 2022 and 2023; ranked in A-List of " Growth Drivers" by China Business Law Journal in 2023; ranked as " 40 under 40" by LexisNexis in 2023; ranked as the first-tier lawyer in securities compliance and litigation area by DAWKINS in 2022. Her significant representation, the Securities Fraud case of Shanghai DZH Limited’s Director and Senior Executive was awarded as the Deals of the Year 2023; CITIC Securities's escape from criminal liabilities of margin trading was awarded as the Deals of the Year 2018 by China Business Law Journal; The Founder Securities's securities-fraud litigation was awarded as the Deals of the Year 2019 by China Business Law Journal.
 
Ms. Liu attained both her Bachelor's and Master's degrees in School of Law from Tsinghua University. She is currently enrolled in the 39th Executive MBA program at Cheung Kong Graduate School of Business. She joined Jingtian & Gongcheng in 2017 as a partner. 

 

Education:
Master’s Degree, School of Law, Tsinghua University  
Bachelor’s Degree, School of Law, Tsinghua University  
Executive MBA (in progress), Cheung Kong Graduate School of Business  
 
Professional Background:
Partner, Beijing Jingtian & Gongcheng Law Firm  
Senior Associate, King & Wood Mallesons Law Firm  
 
Professional Qualifications:  
Admitted to practice in the PRC
 
Publications:  

"Baseline of Behaviors in Capital Markets from the Perspective of Private Equity Funds: Case Studies, Analysis, and Prevention" First Edition, Law Press China, March 2018 (co-authored with Zijia Qin)  

China Chapter of "The Securities Litigation Review" (co-authored with Xuejun Peng and Shiqi Sun) 

Contributed to the textbook of securities law "Case Studies in Securities Law", Chief Editor Huiqiang Xing, Renmin University Press, August 2023.

"Criteria and Calculation Methods for Systemic Risk Identification in Securities-Fraud and Misrepresentation Civil Cases", Financial Services Law Review (Volume 7), Chief Editor Feng Guo, Law Press China, First Edition, December 2015  

"Discretionary Authority in Securities Administrative Enforcement: Focusing on Financial Information Disclosure Violations", China Case Law Review (Volume 1, Issue 2), Chief Editor Yanyou Yi, Law Press China, First Edition, April 2016.  

"Criteria for Market Manipulation Through Information Disclosure- Case Study of Hengkang Medical Group" and Tsinghua Financial Law Review (Volume 3, Issue 2), Chief Editor Ciyun Zhu and Li Liao, Law Press China, August 2020

 

2024: Recommended by Chambers Greater China Region Guide 2023 in Securities: Litigation.

2023: Recommended by Chambers Greater China Region Guide 2023 in Securities: Litigation.

2024: Recommended by The Legal 500 for "Compliance" area.

2024: Recommended in the "Securities and Capital Markets: Compliance and Litigation" area by LegalBand.

2024: Recommended by Benchmark Litigation as future star in the government and regulatory area both in the China band and Asia-Pacific band

2023: Recommended by Benchmark Litigation as future star in the government and regulatory area both in the China band and Asia-Pacific band; as future star in the international arbitration area in the China band.

2023: Ranked in A-List of " Growth Drivers" by China Business Law Journal.

Representative case the Securities Fraud case of Shanghai DZH Limited’s Director and Senior Executive was awarded as the Deals of the Year 2023 by China Business Law Journal.

2023: Ranked as " 40 under 40" by LexisNexis.

2023: Recommended in the compliance area by LegalBand.

2022: Recommended by Benchmark Litigation in the government and regulatory area both in the China band and Asia-Pacific band; in the international arbitration area in the China band.

2022: Ranked as the first-tier lawyer in securities compliance and litigation area by DAWKINS.

2021: Recommended by Benchmark Litigation as future star in the Asia-Pacific band.

2021: Recommended by Benchmark Litigation as future star in the government and regulatory area in the Asia-Pacific band.

2022: Recommended in the compliance area by LegalBand.

2021: Listed as "Client Choice: Top 15 Rising Partners" by LegalBand.

2021: Recommended in the compliance area by LegalBand.

2020: Recommended in the compliance area by LegalBand.

2019: Recommended in the compliance area by LegalBand.

2018: Recommended in the compliance area by LegalBand.

2017: Recommended in the compliance area by LegalBand.

2016: Recommended in the compliance area by LegalBand.

Representative case the Founder Securities's securities-fraud litigation was awarded as the Deals of the Year 2019 by China Business Law Journal.

Representative case CITIC Securities's escape from criminal liabilities of margin trading was awarded as the Deals of the Year 2018 by China Business Law Journal. 

Representing Luckin Coffee in its Securities Fraud Litigation: the first time the plaintiffs initiated securities-fraud litigation against a China-related company listed in the U.S. ADS market.

Representing Leshi’s Sponsor of Non-Public Offering in its Securities Fraud Litigation. It is the amount in dispute is unprecedentedly high among all securities litigation.

Representing Aerospace Communications Holding in Administrative and Securities-Fraud Civil Litigation. It is the first state-owned enterprise applying for voluntary delist due to the financial fraud caused by the target company it acquired.

Representing Kangdexin in Administrative Investigation, Securities Fraud Civil and Criminal Litigation. It is the first of 20 typical cases in 2020 published by the CSRC.

Representing Shanghai DZH Limited in its 320 Million Recourse Action. It is the pioneer special shareholder derivative lawsuit and successful settlement is reached. 

Representing CITIC Securities in CITADEL's securities margin trading. It is the largest proposed monetary penalty on securities companies and the case was ultimately closed without any monetary penalty.  

Representing Everbright Securities in Fat Finger Case Addressing Insider Trading. It is the first insider trading resulting in disgorgement of gross trading profits and five times penalties in recent years. 

Representing Shenzhen Datong in Sanction of Refusal to Cooperate with the CSRC Investigation. It is the first case concerning violent refusal to cooperate in the CSRC investigation.

Handling of Illegal Securities Business Case of Cosun Group Debt and Related Party. It is the first case in over-the-counter fourth market subject to penalties imposed by the CSRC.  

Representing Hengkang Medical in Market Manipulation Case. It is the first market manipulation case by means of controlling information disclosure.