根据彭博资讯统计,金杜和国浩近期分别荣登国内IPO发行人法律顾问排行榜榜首(按融资总额和项目总数计算)。金杜于2010年上半年内作为发行人律师参与共17项IPO融资总额达250亿人民币,而国浩则参与了共22项IPO的发行。
紧跟其后的是北京天银, 嘉源, 中伦和通商等律师事务所。
China Domestic IPO Issuer Advisors
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)