Skadden, Arps, Slate, Meagher & Flom and Global Law Office Shanghai have advised Chinese courier ZTO Express on its $1.55 billion secondary listing on the Hong Kong Stock Exchange, with Freshfields Bruckhaus Deringer and JunHe counselling the sponsor and the underwriters.
On Aug. 11, the Standing Committee of China’s National People’s Congress (NPC) passed a decision to implement pilot measures that will allow Hong Kong lawyers to practice in nine cities in the Greater Bay Area. Lawyers in Hong Kong and on the mainland say the measures provide more room for the professional development of Hong Kong lawyers, and facilitate the growth of legal services on the mainland.
Sidley Austin has advised Yum China Holdings on its HK$17.3 billion ($2.2 billion) secondary listing on the mainboard of the Stock Exchange of Hong Kong, with Freshfields Bruckhaus Deringer and Simpson Thacher & Bartlett counselling the sole sponsor, underwriters, joint global coordinators and bookrunners.
Freshfields Bruckhaus Deringer and Jingtian & Gongcheng have advised Chinese bottled water and beverage company Nongfu Spring's on its $1.08 billion initial public offering on the Hong Kong Stock Exchange, with Clifford Chance and Tian Yuan Law Firm representing the joint sponsors and underwriters.
Acquisition finance specialist Andrew Bishop has joined Latham & Watkins as a partner in the firm’s private equity finance practice in Hong Kong from White & Case.
Simpson Thacher & Bartlett and Fangda Partners are advising Chinese fintech firm Ant Group on its planned $30 billion initial public offering in Hong Kong and Shanghai, with Freshfields Bruckhaus Deringer and King & Wood Mallesons counselling the joint sponsors.
Gibson Dunn & Crutcher has appointed technology transactions partner Connell O’Neill in the firm’s Hong Kong office from Allen & Overy.
U.S. firm K&L Gates has strengthened its Hong Kong office with the hire of Sook Young Yeu, Scott Peterman and William Ho as partners in its integrated funds and private equity practice from Orrick Herrington & Sutcliffe.
U.S. firm Loeb & Loeb has launched a trusts and estates practice in Hong Kong after hiring partners Erik Wallace and Laurence Ho and associates Sarah Lai and Letao Tao from Stephenson Harwood.
U.S. firm Milbank has recruited capital markets expert Liang (Alex) Tao as a partner in Hong Kong from Allen and Overy.
UK firm Hill Dickinson has hired YK Chan as partner and co-head of its equity capital markets team in Hong Kong from Paul Hastings, where he was an associate.