E-House (China) Enterprise Holdings Limited’s US$597m listing on the Hong Kong Stock Exchange

Freshfields Bruckhaus Deringer has advised China International Capital Corporation Hong Kong Securities Limited and Credit Suisse (Hong Kong) Limited, the joint sponsors and joint representatives of the underwriters in the listing of shares of E-House (China) Enterprise Holdings Limited on the Main Board of the Hong Kong Stock Exchange (‘HKSE’).

The total offer value is approximately US$597m (before the exercise of the over-allotment option).

E-House is the leading real estate transaction service provider in China. It had the largest revenue from real estate agency services in the primary market in 2017, the most cities with both real estate transaction data and land data covered, and the second largest real estate brokerage network by the number of stores as of the end of 2017. It plans to use the proceeds of the IPO for a number of purposes including enhancing its real estate data systems and expanding its geographical footprint.

The Freshfields team was led by partner and Asia co-head of Global Transactions Grace Huang (picture) and partner Yan Chen.

Involved fees earner: Grace Huang – Freshfields Bruckhaus Deringer LLP; Yan Chen – Freshfields Bruckhaus Deringer LLP;

Law Firms: Freshfields Bruckhaus Deringer LLP;

Clients: Credit Suisse; China International Capital Corporation Limited (CICC);