Clifford Chance advises on Dongguan Rural Commercial Bank's US$1.2 billion Hong Kong IPO
29 September 2021
- Liu Fang, Tianning Xiang, Virginia Lee, Janet Fok, Qingqing Bu, Tao Yang
- Beijing, Hong Kong, Shanghai
Clifford Chance advises on Dongguan Rural Commercial Bank's US$1.2 billion Hong Kong IPO
Leading international law firm Clifford Chance has advised the joint sponsors China Merchants Securities, CMB International Capital, ABCI Capital, and ICBC International Capital on Dongguan Rural Commercial Bank's US$1.2 billion (HK$9.1 billion) initial public offering (IPO) on the mainboard of Hong Kong Stock Exchange. Based in Guangdong, Dongguan Rural Commercial Bank is the fifth largest rural commercial bank in China in terms of total assets as of 31 December 2020.
The deal was jointly led by partners Fang Liu and Xiang Tianning, supported by partner Virginia Lee, senior associates Janet Tang and Bu Qingqing as well as associates Yang Tao and Mao Meng.
Partner Fang Liu commented, "We are honoured to work on the Dongguan Rural Commercial Bank's IPO, which once again demonstrates our depth of expertise in the capital markets of Chinese financial institutions seeking to go public and our commitment to serving leading companies out of the Greater Bay Area."
高伟绅助力东莞农商行12亿美元香港上市
国际领先律师事务所高伟绅助力东莞农村商业银行 12 亿美元香港联交所主板上市,为联席保荐人招商证券(香港)、招银国际、农银国际及工银国际在内的承销商提供法律服务。
本次交易由合伙人方刘和向天宁共同牵头,合伙人李婉雯和团队成员邓敏蔚、卜青青、杨弢和毛檬为交易提供支持。
方律师表示:“我们很荣幸参与东莞农商行香港上市,这再次展现了高伟绅金融机构上市方面的专长,以及服务粤港澳大湾区龙头企业的承诺。”