Paul Hastings represented China Vanke Co., Ltd., (“China Vanke”) in its approximately US$1 billion placing of new H shares. CLSA Limited, China International Capital Corporation Hong Kong Securities Limited, UBS AG Hong Kong Branch and CMB International Capital Limited acted as the placing agents.
China Vanke is a joint stock company established in the PRC with limited liability, the H Shares of which are listed on the Hong Kong Stock Exchange and the A Shares of which are listed on the Shenzhen Stock Exchange. The placed shares account for approximately 20.00% and 2.38%, respectively, of the total existing issued H shares and the total existing issued share capital of China Vanke.
The Paul Hastings team was led by corporate partner Zhaoyu Ren (Picture), Erika Zhao and Joyce Fung.
Law Firms: Paul Hastings;
Clients: China Vanke Co., Ltd;