Freshfields Bruckhaus Deringer has advised Deutsche Bank in a deal worth up to $4 billion to sell its entire 20 percent stake in Hua Xia Bank to China-based People’s Insurance Company Group (PICC), which was represented by Davis Polk & Wardwell.

Davis Polk is representing China’s oldest investment bank, China International Capital Corporation (CICC), on its planned Hong Kong initial public offering that could raise up to $1 billion.

Cleary Gottlieb Steen & Hamilton, Jia Yuan Law Offices, Davis Polk & Wardwell and JunHe have scored key advisory roles in Legend Holdings’ planned $1.96 billion IPO in Hong Kong.