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IV. Demand for Legal Services in the GBA

According to the survey data, Hong Kong law firms and Mainland law firms can complement each other in

the following areas:
i. Cross-regional dispute resolution (73.6%) 52
ii. Foreign exchange management and cross-border financial flows (58.5%)

iii. Listing and financing (50.9%)
iv. Intellectual property rights (49.1%)
v. Data and cyber security (35.9%)

vi. Trade compliance (32.1%)
vii. Infrastructure development (5.7%)

Areas in which Hong Kong law firms would like to cooperate with
Mainland law firms

Cross-regional dispute resolution 73.6%

Foreign exchange management and cross-border financial flows 58.5%

Listing and financing 50.9%

Intellectual property rights 49.1%

Data and cyber security 35.9%

Trade compliance 32.1%

Infrastructure development 5.7%

It can be seen that both parties are more keen to cooperate in international business such as cross-regional
dispute resolution, listing and financing, foreign exchange management and cross-border capital financing. At

the same time, due to the geographical limitations and inadequate international experience of the Mainland law

firms and the advantages of Hong Kong law firms in handling international business, there is a necessity and
possibility of cooperation between the law firms in the Mainland and Hong Kong in international business, which
will promote deeper communication between Mainland law firms and Hong Kong law firms.

52 As there are various areas in which Hong Kong law firms wish to complement with Mainland law firms, the relevant question in the
questionnaire allows multiple choices, leading to a statistical result of more than 100%.

52