China Domestic IPO Issuer Advisors - H1 2010
JunZeJun
Source: Bloomberg
Mkt share (%)
Volume CNY (Million)
Firm (Ranked by deal count)
1
King & Wood
12.3
2
12.1
3
10.9
4
6.5
5
5.9
6
5.3
AllBright
7
3.2
8
3.2
9
2.7
10
2.6
11
2.3
12
2.1
13
2.0
14
1.8
15
1.7
16
1.2
JunZeJun
17
1.2
Commerce & Finance
18
1.2
Zhongyin
19
1.0
Jun He
20
1.0
China Commerce Law Co
King & Wood topped the Bloomberg charts for top China domestic IPO issuer advisors (by total deal value) for the first half of 2010. Hot on its heels were Beijing Tianyin, Grandall, Jia Yuan and Zhong Lun.
King & Wood has advised on many IPOs since the start of this year, among them those of HeT (Shenzhen SME board) raising RMB541m and Hangyang Ltd (Shenzhen Stock Exchange) raising RMB1.3bn.
Runner-up Grandall has also recently advised on some major IPO transactions – for example, Industrial Securities on its US$500m IPO on the Shanghai Stock Exchange. The firm surpassed King & Wood in terms of the number, but not the value of transactions completed.
The firms have also recently been rubbing shoulders in the M&A league tables. In Mergermarket’s latest top ten legal advisors in terms of Greater China M&A deal volume, King & Wood took fourth spot (total deal value US$1.4bn) with Grandall sixth spot (US$630m). ALB
Related stories:
- PRC firms break out in M&A league tables (14 July 2010)
- Beijing firms take top two spots in Asia-Pacific M&A league table (4 Aug 2009)