Shenwan Hongyuan Group Co. Ltd.’s US$1.16 Billion Hong Kong Stock Exchange IPO

Clifford Chance advised Shenwan Hongyuan Group Co. Ltd. on its US$1.16 billion initial public offering and listing on the Hong Kong Stock Exchange.

Shenwan Hongyuan is a leading investment holding group focused on securities businesses in China. It is the seventh largest securities firms by net assets at the end of 2018 and its revenue and net profits in 2018 ranked fifth and seventh, respectively, in China.

Founded in the 1980s, Shenwan Hongyuan Group provides comprehensive financial services to clients, including enterprise finance, personal finance, institutional services and trading, as well as investment management.

Hong Kong partners Tim Wang (Picture) and Fang Liu led advised on the deal with support from consultants Tianning Xiang and Corey Zhang, senior associate Hao Wu, associates Emma Bao and Tao Yang, and trainees Linyang Wu, Yumeng Fan and Jiwen Peng.

Involved fees earner: Emma Bao – Clifford Chance; Fang Liu – Clifford Chance; Tim Wang – Clifford Chance; Hao Wu – Clifford Chance; Tianning Xiang – Clifford Chance; Tao Yang – Clifford Chance; Corey Zhang – Clifford Chance;

Law Firms: Clifford Chance;

Clients: Shenwan Hongyuan Securities (H.K.) Limited;