In 2018, Appleby Hong Kong advised on 51 listings with aggregate proceeds of more than HKD 9.5 billion, which represents a HKD 1.6 billion increase in value year –on-year from 2017’s total proceeds.

Appleby acted as offshore counsel in listings on both the Main Board and the Growth Enterprise Market (GEM) of the Hong Kong Stock Exchange. The Capital Markets team led by Hong Kong Co-Managing Partner and Corporate Practice Group Head Judy Lee advised on these transactions alongside Partners Paul Cheuk and Chris Cheng, Counsel Vincent Chan, Associates Robert Sit and Quinton Tse and Legal Executive Connie Wu.

Notable deals include:

Shandong Gold Mining Co., Ltd.’s (Shandong) HKD 5.2 billion listing on the Main Board. Shandong is a joint stock company incorporated in the PRC with shares currently listed on the Shanghai Stock Exchange. The Group is the largest among the gold producers listed in the PRC and/or Hong Kong.

Fusen Pharmaceutical Company Limited’s (Fusen) HKD 416 million on the GEM Board. Fusen is the leading Shuanghuanglian-based cold medicine brand in terms of revenue in 2017.

Time Interconnect Technology Limited’s (Time) HKD 230 million listing on the GEM Board. Time is a well-established supplier of custom cable assemblies with around 20 years of experience. The Group primarily manufactures and supplies cable assemblies on a Content Management System basis, which are produced in accordance with the specifications and designs of individual customers.

Xin Yuan Enterprises Group Limited’s (Xin Yuan) HKD 150 million listing on the Main Board. Xin Yuan principally provides asphalt tanker chartering services under various types of charter agreement comprising time charters, voyage charters and contract of affreightment.

Tsit Wing International Holdings Limited’s (Tsit Wing) HKD 149.7 million listing on the Main Board. Tsit Wing International Holdings Limited is a leading integrated B2B coffee and black tea solutions provider in Hong Kong, Macau and the PRC with an established food products business.

The Hong Kong Stock Exchange reported an exceptional year with record high trading activity. This led to the platform for the sixth time in 10 years appearing at the top of the world’s IPO fundraising table.

Judy Lee commented: “2018 was a notable year for our Hong Kong office. This achievement demonstrates our undoubted leading position in this area and the sheer volume of hard work undertaken by the team. The New Listing Rules introduced in Q2 2018 set the stage for a more diverse group of companies to list in Hong Kong and as the Hong Kong Stock Exchange continues to innovate, I am confident that Appleby will continue to be the “go-to” offshore firm for companies that need expert advice on their listing plans.”

Share
Twitter LinkedIn Email Save as PDF
Key Contacts

Judy Lee

Managing Partner: Hong Kong

T +852 2905 5737
E Email Judy

Chris Cheng

Partner: Hong Kong, Shanghai

T +852 2905 5719
E Email Chris

Paul Cheuk

Partner: Hong Kong, Shanghai

T +852 2905 5756
E Email Paul

Vincent Chan

Counsel: Hong Kong, Shanghai

T +852 2905 5759
E Email Vincent

Robert Sit

Senior Associate: Hong Kong, Shanghai

T +852 2905 5739
E Email Robert

Quinton Tse

Associate: Hong Kong

T +852 2905 5767
E Email Quinton

Connie Wu

Legal Executive: Hong Kong

T +852 2905 5768
E Email Connie

More News
7 Aug 2019 | News

Appleby Hong Kong shortlisted in five categories at The Macallan Asian Legal Business Hong Kong Awards 2019

Appleby Hong Kong shortlisted in four categories at The Macallan Asian Legal Business Hong Kong Awar...

1 Aug 2019 | News

Appleby shortlisted as Law Firm of the Year in five categories at Citywealth IFC Awards

Appleby has been shortlisted as ‘Law Firm of the Year’ in five categories encompassing their Ber...

Contributors: Alison MacKrill
31 Jul 2019 | News

Appleby sees listing deal value total increase to record HKD15.5 billion in the first half year of 2019

Leading offshore law firm Appleby’s Hong Kong office has set its highest record yet for deal value...

4 Jul 2019 | News

Appleby Hong Kong Co-Managing Partner is Recognised in the IFLR1000 Womens Leaders List 2019

Appleby is delighted to announce that Hong Kong Co-Managing Partner, Judy Lee has been recognised in...

3 Jul 2019 | News

Appleby Highly Commended as Offshore Law Firm of the Year

Appleby was recognised with a Highly Commended status in the Offshore Law Firm of the Year category ...

3 Jun 2019 | News

Appleby nominated for Offshore Law Firm of the Year

Appleby has been shortlisted in the Offshore Law Firm of the Year category in this year’s The Lawy...

31 May 2019 | News

Appleby wins Best M&A Advisor at WealthBriefingAsia Awards in Singapore

Appleby were awarded the “Best M&A Advisor” award at the WealthBriefingAsia awards, announced at...

Contributors: Sharmilla Bhima, Judy Lee
29 May 2019 | News

Hong Kong Partner Fiona Chan is named in the Offshore Client Choice List 2019 for the third successive year

Leading offshore law firm Appleby’s Corporate Partner, Fiona Chan has been named among the top off...

20 May 2019 | News

Appleby launch website and visual imagery

Today we are delighted to launch a new website, as well as a refresh to our brand imagery. These cha...