Huali University Group’s HK$970 Million Hong Kong IPO

King & Wood Mallesons advised Huali University Group Limited (Huali University Group, Stock Code: 1756) on its HK$970 million initial public offering on the Main Board of The Stock Exchange of Hong Kong Limited.

Huali University Group was listed on the SEHK on 25 November 2019.The IPO was priced at HK$3.26 per share and comprised a total of 300,000,000 shares.

Huali University Group is a leading large-scale private higher education and vocational education group in South China. Huali University was ranked second among all private vocational education service providers in South China and was also ranked fourth among all private higher education service providers in South China in terms of student enrolment by the end of 2018.

The team was led by partner Sheldon Tse (Picture), with support from senior associate Jeff Wong, and associates Jane Bu, Angela Chung, Stefy Tong and trainee solicitor Jenny Yu.

Involved fees earner: Jane Bu – King & Wood Mallesons; Angela Chung – King & Wood Mallesons; Stefy Tong – King & Wood Mallesons; Sheldon Tse – King & Wood Mallesons; Jeff Wong – King & Wood Mallesons;

Law Firms: King & Wood Mallesons;

Clients: Huali University Group Ltd;

Author: Michael Patrini