Latham & Watkins has advised Jilin Jiutai Rural Commercial Bank on its $390 million initial public offering on the Hong Kong Stock Exchange. Clifford Chance was also involved in the transaction, representing joint coordinators Guotai Junan Securities and CCB International.
Jilin Jiutai Rural Commercial Bank is the largest rural commercial bank in northeast China by total assets. Headquartered in Changchun, the capital city of Jilin province, it offers commercial banking services to personal, corporate and small business customers in China.
Clifford Chance’s team was led by partners Tim Wang, Virginia Lee and Jean Thio.