Paul Hastings advised Kangqiao Service Group Limited on the deal while O’Melveny & Myers represented CCB International Capital Limited as sole sponsor and other underwriters.
Kangqiao Service Group Limited announced its US$82.9 million IPO.
CCB International, Haitong International, Sheng Yuan Securities, Shenwan Hongyuan Securities, DL Securities, Guosen Securities, Futu Securities, Livermore Holdings and Opus Capital are the joint lead managers and bookrunners of the deal.
Based in Henan Province, Kangqiao Service Group is a comprehensive property management service provider which manages various residential properties and non-residential properties, including commercial properties, office buildings, industrial parks and public properties.
The Paul Hastings team was led by Raymond Li (Picture), global partner and chair of Greater China, and corporate partners Jean Yu, Vincent Wang and Chaobo Fan, with support from associates Crystal Liu, Eric Wong, Penny Chen, Phoebe Chow and Samson Tong, China associates Irina He and Sara She, China advisor Jessica Li, trainee solicitors Alex Chan, Beatrice Wun, Helen Cheung and Kristy Wong, legal manager Albert Tang, Ivy Chung and Ruby Chong, and paralegal Flora Huang.
O’Melveny Hong Kong corporate partner Edwin Kwok led the team, and was supported by capital markets counsel Lillian Cheung and Qianyu Hu, associates Yuki Tsang and Hilda Leung, trainee solicitors Cherry Ma, Julianna Chan and Ronald Lam, as well as paralegal Shanon Shen and translator Donghui Li.
Involved fees earner: Lillian Cheung – O’Melveny & Myers LLP; Qianyu Hu – O’Melveny & Myers LLP; Edwin Kwok – O’Melveny & Myers LLP; Hilda Leung – O’Melveny & Myers LLP; Yuki Tsang – O’Melveny & Myers LLP; Phoebe Chow – Paul Hastings LLP; Chaobo Fan – Paul Hastings LLP; Raymond Li – Paul Hastings LLP; Crystal Liu – Paul Hastings LLP; Sara She – Paul Hastings LLP; Samson Tong – Paul Hastings LLP; Vincent Wang – Paul Hastings LLP; Eric Wong – Paul Hastings LLP; Kristy Wong – Paul Hastings LLP; Jean Yu – Paul Hastings LLP;
Clients: CCB International; DL Securities; Futu Securities International; Guosen Securities; Haitong International Capital Limited; Kangqiao Service Group Limited; Livermore Holdings Limited; Opus Capital; Sheng Yuan Securities Ltd; Shenwan Hongyuan Securities (H.K.) Limited;