9 December 2020
- Amy Lo, Yufei Liao, Jean Thio, Liu Fang, Corey Zhang, Janet Tang, Gehuan Liu, Jeff Wong, Emma Bao
- Hong Kong
Clifford Chance advises China Resources Mixc Lifestyle Services on spinoff from China Resources Land and US$1.6 billion Hong Kong IPO
Hong Kong: Leading international law firm Clifford Chance has advised on the spinoff listing and the initial public offering of China Resources Mixc Lifestyle Services Limited ("CR Mixc Lifestyle"), the property management and commercial operational service businesses of China Resources Land Limited, on the main board of the Stock Exchange of Hong Kong, which is expected to raise up to US$1.6 billion.
CR Mixc Lifestyle is a leading property management and commercial operational service provider in China and offers services including residential property management, commercial operational and property management services in China. It is also the operator of the well-known "MIXC" and "MIXCONE" shopping mall brands.
Partner Amy Lo offered, "There's a lot of activity in Hong Kong with property management service companies listing on the Stock Exchange. It was a pleasure to work with the China Resources team again and assist with this deal to expand CR Mixc Lifestyle's property management and commercial operational services business."
Previously, Clifford Chance has also advised on the listing of China Resources Cement Holdings Limited and China Resources Pharmaceutical Group Limited.
Amy was supported by a cross-border team consisting of foreign legal consultant Yufei Liao (Beijing), partners Jean Thio (Singapore) and Fang Liu (Hong Kong), foreign legal consultant Corey Zhang, senior associates Janet Tang and Gehuan Liu, associate Jeff Wong, registered foreign lawyer Emma Bao, trainee solicitors Ryan Siu and Sammi Liu, and legal assistant Ming Yang.