New Hope Service Holdings Limited’s HK$760 Hong Kong Listing

King & Wood Mallesons advised the sole sponsor and underwriters on the HK$760 million global offering and listing of New Hope Service Holdings Limited (New Hope Service, Stock Code: 3658) on the Main Board of The Stock Exchange of Hong Kong Limited (SEHK).
Sidley Austin LLP advised New Hope Service Holdings Limited on the deal.

New Hope Service was listed on the SEHK on 25 May 2021. The IPO was priced at HK$3.80 per share and comprised a total of 200,000,000 shares.

New Hope Service is a property management and lifestyle service operator in the PRC with a focus on providing property management services, value-added services to non-property owners, commercial operational services and lifestyle services.

The KWM team was led by partner Anthony Wan (Picture), with support from senior associates Matthew Yim and Crystal Kwok, and associates Derek Yu, Rocky Cheung and Keith Wong.

The Sidley team on this IPO was led by partners Sherlyn Lau and Carrie Li. Other team members included senior China advisor Linda Ruan, senior legal manager Jacky Lei, associates Scarlet Feng, Vicky Zheng, Peter Liu, Eric Hung, and Yaomin Pan, and senior legal assistants Angie Fan, Amanda Yao, and Jie Lian.

Involved fees earner: Rocky Cheung – King & Wood Mallesons; Crystal Kwok – King & Wood Mallesons; Anthony Wan – King & Wood Mallesons; Keith Wong – King & Wood Mallesons; Matthew Yim – King & Wood Mallesons; Derek Yu – King & Wood Mallesons; Scarlet Feng – Sidley Austin LLP; Eric Hung – Sidley Austin LLP; Sherlyn Lau – Sidley Austin LLP; Jacky Lei – Sidley Austin LLP; Carrie Li – Sidley Austin LLP; Peter Liu – Sidley Austin LLP; Linda Ruan – Sidley Austin LLP; Vicky Zheng – Sidley Austin LLP;

Law Firms: King & Wood Mallesons; Sidley Austin LLP;

Clients: ABC International Bank; New Hope Service Holdings Limited ;

Author: Sonia Carcano