Judy Lee, partner in Appleby’s Hong Kong office, led each transaction with the assistance from Counsels Paul Cheuk, Jo Lit and Chris Cheng, Senior Associate Maggie Kwok, Associate Yorkie Au-Yeung and other colleagues including Robert Sit.
Notable deals included:
Everbright Securities Company Limited’s HK$8.6 billion listing on the Main Board
Yadea Group Holdings Limited’s HK$1.49 billion listing on the Main Board
Get Nice Financial Group Limited’s HK$711 million listing on the Main Board
Hailan Holdings Limited’s HK$343.5 million listing on the Main Board
Everbright Securities is a leading full-service securities group in China. Its A-shares have been listed on the Shanghai Stock Exchange since 2009. The company will use a majority of the proceeds from its global offering to further develop its capital intermediary business across all business lines, fund its existing overseas business operations and expand its onshore and offshore platforms, and develop its wealth management and institutional securities services businesses.
Yadea, was the largest electric scooter manufacturer and second-largest electric bicycle manufacturer by revenue in 2015 in China, the world’s largest consumer market of electric two-wheeled vehicles. The Group will use a majority of the proceeds from the placement and public offering to further its brand recognition, enabling them to command a premium price for their products.
Get Nice is principally engaged in the provision of brokerage services, securities margin financing, and corporate finance advisory services. The Group will use parts of the proceeds from its public offering to expand its securities margin financing services and underwriting business.
Hailan is a property developer primarily focused on residential development in the Hainan Province of the PRC. The company will use the majority of proceeds from its offering for financing the development of Sanya Phoenix Aqua City South Shore Phase II.