Heavyweights bank US$486m IPO work

The firms helped one of China’s largest banks list in Hong Kong

Heavyweights bank US$486m IPO work

A trio of legal giants have advised in a transaction that saw one of China’s largest banks list on the Hong Kong Stock Exchange.

Clifford Chance and JunHe Law Firm advised Bank of Jiujiang on its HK$3.816bn (about $650m) IPO and listing in Hong Kong. Sidley Austin and Haiwen & Partners acted for the underwriters and joint sponsors of the transaction.

Partners Tim Wang, Amy Lo and Jean Thio led the Clifford Chance team. They were supported by consultants Tianning Xiang and Corey Zhang and senior associate Lawrence Zhang. Associates Janet Tang, Samson Chan, Aimee Yi, Vicky Zhen, as well as paralegal Aidan Yu, also worked on the deal.

Most Read

“We are pleased to continue building on our expertise in advising Chinese companies in their outbound investment and listing. This IPO demonstrates our continued commitment to the banking sector,” said Wang, Clifford Chance’s joint managing partner in China.

The Sidley Austin team was led by partners Mengyu Lu and Kefei Li. They were assisted by associate Samantha Peng; China advisors Ting Wei, Bill Feng, and Rock Liu; and legal assistants Ying Bi and Junyi Li. Legal manager Kaiting Yang was also part of the Sidley Austin team.

Bank of Jiujiang is a major regional bank in China, ranking 66th among all commercial banks in the country in terms of tier-one capital as at the end of 2016.

 

Related stories:|
Magic Circle firm acts on tech unicorn's groundbreaking HK IPO
Brand-elite firms recognised

Recent articles & video

London law firm penalized for lapses in anti-money laundering training for its staff

Report reveals South Korea faces persistent gender gap in the legal profession

Promotions round beefs up Clyde & Co's Australia partnership

Piper Alderman, Holding Redlich recognised in 2025 Best Lawyers Australia

Far West Regional Law Soc roundtable focuses on access to justice

American Bar Association president Mary Smith calls for action as threats against judges surge

Most Read Articles

Nine promoted to partner at HSF's Australia branch

Brisbane BTR project kicks off with Ashurst's help

K&L Gates lures JWS M&A partner

KWM pitches in on $3.5bn raising for Kinetic