King & Wood Mallesons acted as Hong Kong counsel to the sole sponsor, Orient Capital Limited, and other underwriters on the initial public offering of Xinyuan Property Management Service Ltd. (SEHK Stock Code: 1895) on the Main Board of The Stock Exchange of Hong Kong Limited
Xinyuan Property Management was listed on the Main Board of the SEHK on 11 October 2019. The IPO comprised a total of 125,000,000 shares. Priced at HK$2.08 per share, the IPO raised a gross amount of HK$260 million.
Xinyuan Property Management is a fast growing property management company that manages properties in over 35 cities in China, including Zhengzhou, Jinan, Xi’an, Chengdu, Suzhou, Beijing and Shanghai.
Orient Capital, the investor relations division of the Link Group, is a global leader in share ownership analytics, market intelligence, investor communication and shareholder management technology.
The KWM team was led by partner Anthony Wan (Picture), with support from senior associate Matthew Yim and associates Wallace Wong, Anna Wong and Rhoda Tsang.
Involved fees earner: Rhoda Tsang – King & Wood Mallesons; Anthony Wan – King & Wood Mallesons; Wallace Wong – King & Wood Mallesons; Anna Wong – King & Wood Mallesons; Matthew Yim – King & Wood Mallesons;
Law Firms: King & Wood Mallesons;
Clients: Orient Capital (Hong Kong) Limited;