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Citic Securities Hong Kong shares offering

US$1,700.00 m
  • Entry date - Wednesday, 16 November 2011
  • Jurisdiction - China
  • Practice - Equity Market
  • Citic Securities Hong Kong shares offering

  • Firm
    Baker & McKenzie
  • Client
    Citic Securities
  • Lead Lawyers
    Pui Hong Chik, Rossana Chu
  • Role
  • Firm
    Freshfields Bruckhaus Deringer
  • Client
    Underwriters
  • Lead Lawyers
    Calvin Lai, Teresa Ko
  • Role
    HK/US counsel to underwriters
  • Firm
    Jia Yuan Law Firm
  • Client
    Citic Securities
  • Lead Lawyers
  • Role
    PRC counsel to issuer
  • Firm
    King & Wood
  • Client
    Underwriters
  • Lead Lawyers
  • Role
    PRC counsel to underwriters
  • Firm
    Latham & Watkins
  • Client
    Citic Securities
  • Lead Lawyers
  • Role
    US counsel to issuer


DEAL SUMMARY
·         Citic Securities is set to raise approximately $1.7 billion in a Hong Kong share offering

·         Despite pricing at low end, the deal will be the biggest stock offering in HK since the $2.5 billion Prada IPO in June this year

·         Volatile markets have seen share sales in HK, the world’s biggest IPO market, virtually ground to a halt


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