Addleshaw Goddard has capitalised on the surge in liquidity in the Hong Kong initial public offering (IPO) market advising the sponsor on the top–tier HK$1.2bn (£124m) listing of Nanfang Communication Holdings Limited, a high profile Chinese company in the Telecoms sector, on the Main Board of the Hong Kong Stock Exchange (HKEX).
The IPO is the 4th listing on the HKEX completed by the AG team in December 2016 and the 12th since the team was established in 2014.
The sponsor is Guotai Junan Capital Limited, and the underwriter, Guotai Junan Securities (Hong Kong) Limited.
The team involved in the transactions was led by corporate finance partner Daniel Wan.
Involved fees earner: Daniel Wan – Addleshaw Goddard;
Law Firms: Addleshaw Goddard;
Clients: Guotai Junan Securities Co., Ltd.;