Sidley Austin, working alongside Conyers, advised Sanxun Holdings Group Limited on the deal.
Sanxun Holdings Group Limited (HKEX:6611) (Sanxun Holdings) announced its initial public offering (IPO) on the Main Board of The Stock Exchange of Hong Kong (HKEX). The offering has raised gross proceeds of approximately HK$783.8 million (US$100.9 million). CCB International Capital Limited acted as the sole sponsor and sole global coordinator in the transaction.
Sanxun Holdings is a real estate developer headquartered in Shanghai and deeply rooted in Anhui Province. With an established presence in the Yangtze River Delta, it focuses on the development and sales of residential properties. It was ranked by China Real Estate Top 10 Research as one of the “2020 China Top 100 Real Estate Developers,” “China Star Real Estate Developers,” and one of the 2020 “Top 50 Brands of China Real Estate Companies.”
The Sidley team was led by partners Sherlyn Lau (Picture) and Renee Xiong. Other team members included counsel Claudia Yu, senior associate Jacob Zhao, associates Patrick Leung, Darren Tai, Charmaine Wong, and Haiyun Chen, China advisor Ya You, summer associate Wei Xiao, senior legal assistants Amanda Yao, Kristine Zhang, Adrienne Wang, and Zoe Wang, and legal assistant Jessie Luk.
The Conyers’ Hong Kong office team was led by Partner Flora Wong.
Involved fees earner: Flora Wong – Conyers Dill & Pearman; Haiyun Chen – Sidley Austin LLP; Sherlyn Lau – Sidley Austin LLP; Renee Xiong – Sidley Austin LLP; Claudia Yu – Sidley Austin LLP; Jacob Zhao – Sidley Austin LLP;
Clients: Sanxun Holdings Group Limited;