The team was led by Partner Chris Cheng with assistance from Legal Manager Kaile Yang. It was second time the Appleby team being instructed by Datang after advising on its HKD1.48 billion listing on the Main Board of the Hong Kong Stock Exchange in 2020.
Datang is a property developer in China focusing on the development of residential and commercial properties in selected economic regions. The Company has expanded its business into principally six economic regions in China. In 2020, the Company was ranked 88th among the Top 500 Real Estate Property Developers in China in terms of comprehensive strength by China Real Estate Association and China Real Estate Appraisal Center.
The Company intends to use the net proceeds from the global offering primarily for general corporate purposes.
Our Hong Kong Capital Markets team is highly regarded for their extensive expertise in supporting offshore companies with IPOs, introductions, placements and listings of both equity and debt securities on the Hong Kong, US, Singapore and many other internationally recognised stock exchanges.