Zhou Hei Ya International Holdings’ $321.8 Million Hong Kong Initial Public Offering

Simpson Thacher represented Zhou Hei Ya International Holdings Company Limited (“Zhou Hei Ya”) in connection with its initial public offering in Hong Kong and Rule 144A/Regulation S offering of an aggregate of 424,470,000 shares (prior to any exercise of the overallotment option), which raised approximately HK$2,495.9 million (US$321.8 million) in gross proceeds.

The ordinary shares of Zhou Hei Ya are listed on the Hong Kong Stock Exchange. Morgan Stanley Asia Limited and Credit Suisse (Hong Kong) Limited acted as joint global coordinators and joint sponsors. Morgan Stanley Asia Limited, Credit Suisse (Hong Kong) Limited and China Merchants Securities (HK) Co. Limited acted as joint bookrunners and joint lead managers.

Zhou Hei Ya is a leading brand and retailer of casual braised food in China, and is specialized in the production, marketing and retailing of casual braised food, in particular, braised ducks and duck parts.

The Simpson Thacher team for the transaction included Chris Lin (Picture), Christopher Wong, Brian Mathes and Martina To (Corporate); Jonathan Cantor and Taylor Weinstein (Tax). Associate Tao Li also provided valuable assistance.

Involved fees earner: Chris Lin – Simpson Thacher & Bartlett; Christopher Wong – Simpson Thacher & Bartlett; Brian Mathes – Simpson Thacher & Bartlett; Martina To – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Zhou Hei Ya International Holdings Co. Ltd;