China Vanke’s $1 Billion New H Shares Offering

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.

Involved fees earner: Joyce Fung – Paul Hastings; Zhaoyu Ren – Paul Hastings; Erika Zhao – Paul Hastings;

Law Firms: Paul Hastings;

Clients: China Vanke Co., Ltd;