Pinsent Masons, Bird & Bird and Ogier have landed roles on the AIM listing of China sportswear group Naibu, in the first flotation of a Chinese consumer brand on the junior London market.

Corporate finance partner Sean Page led the Pinsents team on the £68m listing, which raised £6m in new money for Naibu's expansion plans.

Bird & Bird corporate partner Matt Dennis led for investment bank Daniel Stewart & Co, the nominated adviser to Naibu, while Chinese practice DHH Law Firm advised the company on China law.

Offshore law firm Ogier acted for Naibu Global International Company, the newly incorporated Jersey holding company for the existing Naibu group of companies. Hong Kong partner Nathan Powell led on the deal, supported by lawyers in the firm's Jersey and China offices.

Ogier launched in Shanghai last year, becoming the first offshore firm to secure a formal presence in mainland China with the hire of legal director Kristy Calvert from Rio Tinto.

Page (pictured) commented: "Whilst raising bank finance and access to equity capital in China continues to prove difficult for growing companies such as Naibu, AIM provides a proven alternative for this type of domestic Chinese business to access capital."

Naibu is the tenth-largest domestic local sportswear brand in China, with around 2,800 outlets across the country. It employs around 2,300 people across 21 provinces.