This deal forms part of Ant Financial’s circa USD 14 billion equity financing programme. Since its establishment in 2014, Ant Financial has formed international partnerships with global strategic partners to serve local users in those markets, and serve Chinese travellers overseas by connecting Alipay with online and offline merchants in popular destinations.

The deal was led by Partner Nicholas Davies and Counsel Vincent Chan, both based in Appleby’s Hong Kong office.

Commenting on the matter, Nicholas said “We are delighted to have advised the Carlyle Group on the Cayman law aspects of this high-profile FinTech deal. As a leading global offshore law firm with full service capability on the ground in Hong Kong and in each of our jurisdictional offices, we take great pride in assisting our clients with their key transactions wherever in the world they might need us.”

Share
Twitter LinkedIn Email Save as PDF
More News
7 Sep 2021 | News

Appleby’s Hong Kong Office shortlisted for “Best Offshore Law Firm” at the HFM Asia Service Awards 2021      

The awards celebrate providers of services and solutions to the Asian hedge fund industry.

3 Aug 2021 | News

Hong Kong Partner David Bulley named as "M&A Lawyer of the Year" in two jurisdictions in the Innovation & Excellence Awards 2021

David Bulley has been named “M&A Lawyer of the Year” for both the Cayman Islands and British Vir...

9 Jul 2021 | News

Hong Kong Partner David Bulley once again named as "Corporate Finance Lawyer of the Year"

David Bulley, has been named “Corporate Finance Lawyer of the Year – Cayman Islands” in Financ...

5 Jul 2021 | News

Appleby’s Hong Kong office promotes Vincent Chan to Partner

Appleby is delighted to announce the promotion of Vincent Chan to Partner.

9 Jun 2021 | News

Appleby’s Hong Kong office strengthens and expands its corporate team by welcoming investment funds specialist Marc Parrott as partner

Appleby welcomes Marc Parrott as Partner to lead the office’s Investment Funds practice.

18 May 2021 | News

Hong Kong Partner Fiona Chan and Counsel Vincent Chan continue to be named in the Asian Legal Business Offshore Client Choice List 2021

It is Fiona’s fifth year in a row to be recognised, and Vincent’s second year to be named

Contributors: Vincent Chan
5 May 2021 | News

Appleby Asia Group Head Judy Lee is recognised in the IFLR1000 Women Leaders List 2021

Judy Lee continues to be the only offshore lawyer in the Asia-Pacific region to be included.

10 Mar 2021 | News

Appleby Global Services celebrates second year with triple growth

Appleby Global Services (AGS), Appleby’s specialist corporate and trust services provider recently...

27 Jan 2021 | News

Appleby's Hong Kong office maintains its rankings in Legal 500 as it celebrates historic landmark

Appleby's Hong Kong Office maintains its rankings in Legal 500 as it celebrates historic landmark.