Tag: Commerce & Finance Law Offices
Keep overcomes data scrutiny to successfully list in Hong Kong
Six law firms acted on Keep’s HKD313 million (USD40 million) IPO, marking the Chinese online fitness platform’s success
Force of nature
With rapidly escalating ESG awareness and evolving policies, China is embracing a robust wave of green investment
Norton Rose’s HK capital markets lawyer heads to Eric Chow & Co
Hong Kong-based capital markets lawyer Terence Lau has left Norton Rose Fulbright after more than seven years of partnership to join Eric Chow & Co, in association with Chinese law firm Commerce & Finance Law Offices, as a consultant
Luzhu Biotechnology launches HKD341m IPO via chapter 18A
Luzhu Biotechnology debuted on the HKEX through chapter 18A, the first biotech company without any revenue or profits to be listed this year, raising USD43.45 million
Deal highlights
Notable IPOs, De-SPAC, bond issuance, joint venture, license agreement, and loans in March and their legal advisors
New rules pave path for Chinese companies to revive offshore IPOs
Chinese companies now have a clearer idea of whether they can list overseas when new China Securities Regulatory Commission (CSRC) rules take effect from 31 March 2023
Hesai becomes the largest Chinese IPO in the US after DiDi
Hesai Technology, a China-based developer of sensors used in autonomous driving, raised USD190 million on its Nasdaq debut, becoming the largest Chinese IPO in the US capital markets since October 2021
Deals of the year 2022
China Business Law Journal announces the most exciting China-related legal transactions and disputes of 2022
Jia Yuan, Commerce & Finance assist Air China, China Eastern’s private share offering
Jia Yuan Law Offices and Commerce & Finance Law Offices advised Air China and China Eastern Airlines, respectively, in the two carriers’ USD4.46 billion private placement of shares
Haidilao restaurant spin-off Super Hi lists on HKEX
Kirkland & Ellis, Jingtian & Gongcheng and Conyers Dill & Pearman were among seven firms advising on the Hong Kong Stock Exchange listing of Super Hi International, a spin-off of Haidilao’s global restaurant business
The A-List 2022
After thorough editorial survey and research, China Business Law Journal presents the elite lawyers in China’s legal market
China’s second largest streaming platform Huafang lists in Hong Kong
Huafang Group, the second largest online entertainment streaming platform in China, raised HKD129 million (USD16.56 million) on its HKEX listing, offering 46 million shares at HKD2.8 each
Three law firms assist Weilong snack brand’s HKD898m Hong Kong IPO
Clifford Chance, Commerce & Finance Law Firm and Maples advised famous Chinese snack brand Weilong on its HKEX listing, raising HKD898 million from the sale of 96.4 million shares at HKD10.56 apiece
Sunshine Insurance raises HKD6.7bn in Hong Kong H-share listing
Sunshine Insurance, a leading private insurance group in China, issued H shares for the first time in an HKEX IPO, raising USD861.4 million and becoming the fourth largest listing on the city’s bourse in 2022
Nickel trader Lygend raises HKD3.67bn in IPO to fund projects
Leading nickel producer and trader Lygend Resources & Technology sold its shares at HKD15.8 apiece to raise HKD3.67 billion (USD470 million) in a Hong Kong IPO
Counting blessings
China Business Law Journal conducted its annual legal market survey for 2021 with 94 leading law firms to seek their views on trends of the past year
Jianzhi Education first Chinese VIE to debut on Nasdaq since DiDi crackdown
Jianzhi Education Technology Group is the first Chinese variable interest entity (VIE) to debut on the Nasdaq since DiDi’s 2021 listing on the same market sparked a crackdown by Chinese authorities
Paul Hastings, JunHe guide Onewo HKEX listing raising HKD5.8bn
Paul Hastings and JunHe advise on China Vanke subsidiary Onewo’s IPO on the HKEX, raising about HKD5.8 billion (USD738 million) in the fourth biggest debut so far in Hong Kong
China Business Law Awards (Regional Awards) 2022
China Business Law Journal identify the leading “branch office” and “homegrown” law firms across different regions
Markets of choice
Chinese companies are finding both challenges and opportunities amid shakeups in capital markets at home and abroad
Avoiding risks to listing success from R&D co-operation
Tech companies must beware of unwanted side effects from these co-operation agreements – ones that may even plague any eventual IPO
HKEX gong chimes as GoGoX goes public
China’s third largest online logistics platform has debuted on the Hong Kong bourse – a move that summoned the strike of the gong back to the trading floor
Watching the watchers
New roles of intermediaries place them under the microscope of capital market regulation
China Business Law Awards 2022
China Business Law Journal reveals the law firms that have excelled in the past year
Leung joins Eric Chow as litigation partner
Eric Chow & Co, an association firm by Commerce & Finance Law Offices, has hired Christy Leung as a partner in its litigation department
Litigator moves to Eric Chow & Co
Hong Kong law firm Eric Chow & Co in Association with Commerce & Finance Law Offices, has bolstered its litigation practice by adding Christy Leung as a partner
Towards the light
Easing of regulations on offshore listing brings hope for an end to a long-running Sino-US dispute
NIO plugs into Singapore Exchange
Chinese electric carmaker NIO debuted on Singapore Exchange by way of introduction without raising funds to become a triple-listed company in Singapore, the US and Hong Kong
Deal highlights
Aquila Acquisition Corporation became the first special purpose acquisition company (SPAC) to list in Hong Kong
NIO plugs into HKEX without fundraising
Electric vehicle manufacturer NIO successfully listed on the main board of the HKEX by way of introduction with shares beginning trading on March 10
Deals of the year 2021
We look back at the most significant transactions and disputes of last year as we ring in the year of the tiger