Insights and Analysis
AI-washing – when AI hype becomes a litigation risk
Shantay Cong
Partner Corporate & Finance
+86 21 6122 3806Shanghai
Languages
English, Mandarin, Cantonese
Shantay has acted for China-based borrowers, financial institutions, and private equity sponsors in various cross-border financing transactions.
Having obtained law degrees in both Hong Kong and mainland China, and being a native Mandarin and fluent Cantonese speaker, Shantay operates as trusted legal adviser to both international and Chinese clients.
In addition, Shantay has a deep industry knowledge in the renewable energy sector, advising companies operating across solar, wind, battery storage, and other clean energy segments on a wide range of legal and strategic needs beyond financing, from project development and cross‑border expansion to industry‑specific regulatory and transactional matters. She is passionate about supporting Chinese companies as they expand globally, leveraging her cross‑border experience and cultural fluency to help them navigate international markets.
Guided by her belief in going "above and beyond" for her clients, Shantay is committed to delivering exceptional service, practical solutions, and long‑term value in every engagement.
Advising China Baowu Steel Group on the financing aspects of its investment in Simandou Project in Guinea, the largest mining and infrastructure project in Africa, with a total required investment of over US$20 billion.
Advising one of the largest steel companies in China in relation to multi-millions project finance and acquisition finance supporting, among others, the construction and development of their investments in mine, railway, and port projects in Africa
Advising Canadian Solar Inc. on a US$450 million green loan project finance advanced by a club of cross border banks led by Banco Santander, SA to fund the construction of a solar PV cell manufacturing plant in the United States.
Advising ZEEKR on various floor plan financing arrangements to support the launch of their cars in Thailand and Australia.
Advising China CITIC Bank in relation to a syndicated acquisition finance (comprising onshore and offshore banks) for an acquisition of a Toronto listed company by a PRC based company.
Advising Oaktree on its subscription for up to US$1 billion of secured notes to a subsidiary of Vedanta Resources, the Indian resources conglomerate.
Advising a syndicate of lenders led by Standard Chartered Bank Hong Kong in relation to a US$200 million term loan facility granted to China Tian Lun Gas Holdings Limited.
Advising an ad hoc group of noteholders in relation to the restructuring of USD200m Notes due 2021 issued by Yestar Healthcare Holdings Company Limited.
Advising an ad hoc group of noteholders in relation to the restructuring of USD500m Notes due 2021 issued by GCL New Energy Holdings Limited.
Advising certain holders in relation to the restructuring of USD200m 7.99% Notes due 2021 issued by Knight Castle Investments Limited.
Advising the note trustee in respect of certain US$ notes issued by Tsinghua Unigroup in relation to the filing of claims in the PRC bankruptcy process.
Advising an overseas airline in relation to an CNY E-Wallet arrangement with a PRC bank.
Advising China CITIC Bank in relation to a multi-billion loan backed-up by QFII products.