Slaughters and Freshfields take roles on major Hong Kong IPOs
Slaughter and May and Freshfields Bruckhaus Deringer are among a number of international law firms to have picked up mandates on two major Hong Kong Stock Exchange listings which closed this week. China's largest pharmaceutical company, Sinopharm, raised HK$8.73bn (£688m), while Metallurgical Corp raised HK$18.2bn (£1.4bn) from the listings, which together dwarfed the initial public offering (IPO) activity to have taken place on the Hong Kong exchange so far this year.
September 18, 2009 at 10:59 AM
2 minute read
Slaughter and May and Freshfields Bruckhaus Deringer are among a number of international law firms to have picked up mandates on two major Hong Kong Stock Exchange listings which closed this week.
China's largest pharmaceutical company, Sinopharm, raised HK$8.73bn (£688m), while Metallurgical Corp raised HK$18.2bn (£1.4bn) from the listings, which together dwarfed the initial public offering (IPO) activity to have taken place on the Hong Kong exchange so far this year.
On the larger listing, Slaughters took the lead role for Metallurgical, led by Hong Kong-based capital markets partner Benita Yu. Davis Polk & Wardwell provided US law advice, led by corporate partner Show-Mao Chen, who splits his time between Hong Kong and Beijing.
Freshfields and Shearman & Sterling advised the underwriters on local and US law respectively. Hong Kong-based corporate partner Kay-Ian Ng led the Freshfields team while Beijing-based capital markets partner Alan Seem led for Shearman.
On the Sinopharm transaction, Baker & McKenzie advised the issuer, led by Shanghai-based capital markets partner Tony Jacobsen and Hong Kong-based capital markets partner Brian Spires. US rival Morrison & Foerster advised the underwriters, led by Hong Kong managing partner Ven Tan.
Morgan Stanley, Cit, China International Capital and Citic Securities underwrote the Metallurgic listing, while CICC, UBS and Morgan Stanley arranged the Sinopharm offering.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Hong Kong Bourse Seeks Feedback on IPO Price Discovery, Takes Steps to Boost Capital Markets Activity
Hogan Lovells, Khaitan Lead On Beverage Company’s $890M Offering In India
Davis Polk, Simpson Thacher and Japan's Big Four Among Firms Engaged In Japanese Chipmaker’s $4.8B IPO
Can Labour's New Budget Steady the Ship? Big Moves On UK Tax Reform and Fiscal Stability
5 minute readTrending Stories
- 1You Too Can Be a Programmer: Connecting to Legal Platform APIs With Generative AI (Part 2)
- 2Court of Appeals and Appellate Division As Courts of First Instance
- 3Federal Judge Slaps Down the SEC’s Attempt to Regulate Crypto Liquidity Providers
- 4A Client Is Guilty; But Another Man Is Wrongfully Convicted
- 5Legal Tech's Predictions for Cybersecurity in 2025
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
