Shanghai-based law firm Llinks is ignoring the Brexit fearmongers to open an office in London.

The move by Llinks makes it the third law firm from the People's Republic of China to have a base in the U.K. following recent moves by King & Wood Mallesons and Zhong Lun.

Resident partner Yuhua Yang, who relocated from the firm’s Beijing office earlier this year heads the new office.

Opportunities For Chinese Companies

The firm said the U.K.’s decision to leave the E.U. hasn’t affected the decision to open an office in London, and instead it has made it a stronger case for the firm to be there.

«London has the best infrastructure and talent for the financial and legal services industry. In the long run, Brexit may affect things. But in the short term the depreciating pound presents a good investment opportunities for Chinese companies,» said Yang.