尽管近月市况不佳,国内最大的塑料管及管件生产商中国联塑集团控股仍然于近日成功在香港联交所上市,成功筹得2.5亿美元。
中国联塑由君合, 法郎克和Maples and Calder律师事务所共同提供法律服务和咨询,而承销商则委任通商及世达律师事务所为法律顾问。
China Liansu Hong Kong IPO
|
US$250m | |
---|---|---|
Synopsis China Liansu launches US$250m IPO on the Hong Kong Stock Exchange | ||
Firm | Client | Role |
Jun He | Issuer | PRC counsel |
Fried, Frank [Lead partners: Victoria Lloyd and Joshua Wechsler] | Issuer | Hong Kong counsel |
Maples and Calder | Issuer | Cayman Islands counsel |
Commerce & Finance
|
Underwriters* | PRC counsel |
Skadden
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Underwriters | Hong Kong counsel |
Jun He and Commerce & Finance together with their international counterparts have recently helped China Liansu successfully launch its US$250m IPO on the Hong Kong Stock Exchange (HKSE) despite the market’s dry spell. Many other Chinese companies like Xinjiang Goldwind Science & Technology have recently chosen to abort their listing plans. Goldwind, which is listed in Shenzhen, said it scrapped the Hong Kong sale due to the deterioration in market conditions and recent unexpected and excessive market volatility.
The Hong Kong stock market has fallen about 10% since mid-April amid fears about the Europe economy. Liansu however, managed to hold its ground by raising around US$250m.
Jun He also recently helped NVC Lighting launch its US$196m IPO on the HKSE amidst difficult market conditions.
*JP Morgan and UBS acted as joint global coordinators for the transaction. ALB
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