Morrison & Foerster (MoFo) has signed off three multimillion-dollar listings on the Hong Kong Stock Exchange in recent weeks, as Asian capital markets work continues to grow in importance for international law firms.

The US law firm advised the underwriters – China International Capital Corporation, UBS and Royal Bank of Scotland – on the $300m (£194m) initial public offering (IPO) of Chinese power company Guodian Technology and Environment Group, which listed on 30 December.

The firm's team was led by Hong Kong capital markets partners Charles Chau and John Moore, with K&L Gates acting for Guodian.

Meanwhile, the firm also acted for China Tianrui Cement on its $124m (£80m) IPO and oilfield service provider SPT Energy on its $70m (£45m) float, both of which listed on 23 December last year.

Moore and capital markets partner Gregory Wang led on the Tianrui IPO with fellow US law firm Paul Hastings acting for the underwriters, which included Deutsche Bank. Moore, Chau and corporate partner Xiaohu Ma lined up on the SPT IPO with Shearman & Sterling advising the underwriter, Morgan Stanley.

The news follows significant investment from MoFo in its local capital markets practice in recent months, including the recruitment of Moore – formerly Asia head of US capital markets at Herbert Smith – in July last year.