Tag: Capital markets

Linklaters advises the joint lead managers on Bank Mandiri’s inaugural issuance of USD750 million in securities

Wilson Sonsini hires Jennifer Liu as a China partner at its Hong Kong office

Leading optical transceiver maker Ligent Technologies lists on the HKEX main board on 22 September, raising HKD5.67 billion (USD723 million)

Jingtian & Gongcheng hires Lai Jianglin and her team members Hu Yizhou and Guo Zhongyong as partners for its Guangzhou office

Z.AI completes a placement of new H shares and an offering of renminbi-denominated, US dollar-settled zero-coupon convertible bonds, raising a combined HKD39.3 billion

Loeb & Loeb expands its global presence with the launch of a Singapore office 

King & Wood is expanding its international network with a Singapore office set to open in early October

DNFP in association with Hogan Lovells Cadwalader, grows Indonesia practice with partners Sugianto Osman and Prasetyo Sukirno

Tokyo-based SBI Holdings acquires 20% stake in Indonesian digital investment and fintech platform Ajaib Group for USD270 million 

Kinstellar Southeast Asia bolsters Cambodia practice with partner Sinath Un 

Commerce & Finance Law Offices opens an office in Xi’an, becoming the firm’s 13th branch globally

Shardul Amarchand Mangaldas & Co (SAM) promotes seven lawyers to equity partnership from various practices

Jingtian & Gongcheng recruits three partners, with Liu Hongchuan and Chen Huan joining its Beijing office and Gu Mingzhu in Shenzhen

Jipyong assists Korean cosmetics manufacturer iCure Pharmaceuticals to resume trading after the company faced potential delisting from the Kosdaq

ITOCHU Corporation invests USD1.9 billion in aircraft lessor Aviation Capital Group

Chinese bearing manufacturer Luoyang Bearing Group debuts on the SZSE ChiNext board on 9 September, raising around RMB1.97 billion (USD293.5 million).

Chapter 18A is an enticing listing prospect for biotech firms in China, but they must first prove that their golden product is genuine and truly their own

Leading independent memory products maker Longsys Electronics debuts on the HKEX on 8 September, raising around HKD7.08 billion.

Zeeshan Khan has joined Fox Mandal & Associates as a partner and head of the banking and finance practice for Mumbai and the Western India region

TEMB Intelligent Technology raises RMB1.88 billion from its listing on the SSE’s main board on 7 September.

HKEX considers merging the Growth Enterprise Market (GEM) with the main board, introducing a new chapter 18D of the Listing Rules.

Shanghai-based boutique Sunwell Law Firm hires Wang Jin and Zhang Tao, both joining from Hiways, as senior partners

Stephenson Harwood recruits Michelle Taylor, former managing partner of TN Partners as a partner at its Hong Kong office

Guantao Law Firm hires Ronald Sum and Julianne Doe as partners at its Hong Kong office

Latham & Watkins onboards Grace Huang and Edward Freeman as partners at its Hong Kong office

Fast-fashion giant Shein’s HKEX listing on 1 September raises HKD13.6 billion in the largest cross-border e-commerce IPO in Hong Kong to date

China Commercial Law Firm receives approval to open an office in Sacramento

Alibaba completes an HKD80 billion new share placement, marking the largest placing to date in Hong Kong stock market history

State Grid completes a landmark RMB14.9 billion (USD2.22 billion) issuance of dim sum bonds in Hong Kong

Jingtian & Gongcheng hires Liao Jun, Cheng Keni and Gu Peitao as partners in its Chongqing, Guangzhou and Shanghai offices, respectively

Shanghai Electric issues world’s first corporate free-trade zone offshore bonds

Chinese niche memory-chip leader Ingenic Semiconductor debuts on the HKEX on 25 August, raising around USD399 million

CICC’s plans to merge with Dongxing Securities and Cinda Securities through share swaps will make it the largest M&A transaction in China’s A-share securities sector.

Tech-driven jewellery maker Master Chains N Jewels proposes an initial public offering on the BSE and NSE in India

Majority state-owned power producer EDL-Generation Public Company’s USD300 million landmark bond issuance is the first by a Laos corporation

Grandway Law Offices hires Xu Wei, Zhu Ting and Yang Yu as partners, strengthening its capital markets and intellectual property practices

Cyril Amarchand Mangaldas, Khaitan & Co and Latham and Watkins assist on Dhoot Transmission’s INR30.6 billion (USD322 million) IPO in India.

Unitree becomes the first humanoid robotics company tolist on the A-share market

Ingenia Therapeutics’ KRW60 billion (USD42.4 million) IPO to become first listing of a US-based company in Korea

Firms chart the landmark sale of a 6.5% stake in Life Insurance Corporation of India (LIC), raising INR315 billion (USD3.3 billion)

Norton Rose Fulbright bolsters its corporate team in Sydney with the addition of partner Kate Jefferson

Independent renewable power producer Juniper Green Energy debuts at an 8.9% premium in India on 6 August 2026

Li Chen, former Microsoft strategic partnership head for Greater China, Asean, Japan and South Korea, joins RedotPay as general counsel

Saswat Mohanty boosts capital markets and securities law practice at Kochhar & Co’s Mumbai office

Prashaant Vikram Rajput joins Fox & Mandal as a securities and capital markets partner in Mumbai

Linklaters acts on Singapore’s issuance of SGD2.6 billion (USD2 billion) in sovereign green bonds due 2046

Firms counsel on Manipal Health Enterprises’ INR92.75 billion (USD973.1 million) IPO on the BSE and NSE

The Han Kun Hangzhou office held its opening ceremony on 10 August and is formally based at the International Financial Center

China’s first revision since 2012 of insider trading rules that took effect on 27 July 2026 signal continued tightening of regulatory enforcement, say lawyers

Thanathip & Partners counsels Bangkok-headquartered energy company Banpu Public Company (Banpu) on its amalgamation with Banpu Power Public Company (BPP)

Kawasaki Heavy Industries issues JPY197.4 billion (USD1.2 billion) in common stock and concurrent zero-coupon convertible bonds

Electronic industry services provider JLC Technology lists on the SZSE main board on 4 August, raising around RMB4.69 billion (USD 695 million)

Continuum Group offers landmark USD450 million worth of senior green bonds in the second such issuance by an Indian corporate and are listed on the NSE International Exchange (NSE IX) in GIFT City

Firms assist on the JPY204.8 billion (USD1.3 billion) secondary offering of Archion Corporation shares by Daimler Truck and Toyota Motor.

Firms counsel global textile machinery manufacturer Lohia Corp’s successful USD115 million IPO on the NSE and BSE on 30 July 2026

A practical guide to deals and market trends in Asia

Adnan Sundra & Low (ASL) and Clifford Chance advise the Malaysian government on its USD1.5 billion global sukuk issuance

Indonesia issues its first sovereign panda bonds in China, raising RMB7 billion (USD1.04 billion) in the largest single such issuance to date

Zhongji Innolight’s HKD53.41 billion HKEX debut makes it the largest Hong Kong IPO since 2019

Hanwha Aerospace issues first US dollar bond offering of USD500 million in 5% senior unsecured notes due in 2029

Han Kun welcomes the return of Li Laixiang in Shenzhen, strengthening its commercial transaction capabilities in technology

HKEX sharpens 18A review, prioritising verifiable product development chains

Three firms advise on TIER IV’s JPY23.2 billion (USD141 million) global IPO and pioneering debut on the Tokyo Stock Exchange

CXMT debuts on the SSE Star Market on 27 July, the largest A-share IPO of 2026, raising RMB57.92 billion (USD8.6 billion)

Hong Kong Exchanges and Clearing Limited (HKEX) has consistently emphasised the importance of listed issuers complying with its listing rules

Simpson Thacher and Davis Polk advise on Mizuho Financial Group’s USD6.6 billion senior notes offering.

Firms act on Korea Electric Power Corporation’s USD700 million dual-tranche note issuance under its USD11 billion global medium-term note programme

Philippine Airlines’ issues landmark USD300 million 7.75% five-year senior unsecured guaranteed notes

Commerce & Finance Law Offices opens its Guangzhou office on 22 July, strengthening services across the Greater Bay Area

Firms are advising on Cult.fit’s proposed INR9.5 billion (USD98.45 million) initial public offering on the BSE and NSE

Philippine investors seek US market gains as SEC warns on unregistered brokers and feeder funds

Firms drive electric two-wheeler manufacturer Ather Energy’s INR13 billion (USD134 million) qualified institutional placement (QIP)

Davis Polk and Commerce & Finance advise on MiniMax’s share placement and convertible bond issuance

Watson Farley & Williams strengthens its APAC finance and capital markets team with partner Xuan Jin joining the Hong Kong office.

After two decades at Cyril Amarchand Mangaldas (CAM), Reuben Chacko, senior partner and regional co-head markets practice (south) has decided to move to S&R Associates.

Allens and HSF Kramer assist on FDC’s landmark IPO, raising AUD400 million in the largest debut on the Australian Securities Exchange (ASX) this year to date

India broadens schedule III route, tightens safeguards on ownership, thresholds and land-border jurisdictions

Firms guide Adani Enterprises on a INR150 billion qualified institutional placement in the largest such non-bank issuance in India

Latham & Watkins, Allen & Gledhill and Clifford Chance guide parties in Foundation Healthcare’s SGD242 million (USD187 million) IPO in Singapore

Leading wafer foundry Nexchip Semiconductor lists on the HKEX main board on 10 July, raising around HKD6.98 billion (USD890 million)

Three-Circle Group debuts on the HKEX on 9 July, raising around HKD7.16 billion (USD913 million)

Printed-circuit board drill-bit manufacturer Dtech Technology raises HKD4.8 billion (USD612 million) in its HKEX debut on 9 July, three years after its SZSE listing

Assegaf Hamzah & Partners advises Bank Tabungan Negara (BTN) on acquiring Bank SMBC Indonesia’s pension loan portfolio for a reported IDR19.9 trillion (USD1.1 billion)

South Korean semiconductor giant SK Hynix debuts on the Nasdaq via American depositary receipts, raising up to USD26.5 billion

Chinese leading manufacturing company Luxshare Precision raises about HKD24.27 billion (USD3.09 billion) in Hong Kong’s largest IPO to date this year

Chinese graphics processing unit developer Biren Technology raises around HKD7.1 billion after an H-share placement on the HKEX on 8 July

Linklaters assists on Philippine government’s USD2.5 billion triple-tranche global bond offering

Chinese autonomous driving company Momenta debuts on the HKEX on 8 July, raising HKD5.89 billion (USD751 million)

China’s EACON Group becomes the world’s first listed autonomous mining vehicle company after its HKEX debut on 8 July, raising HKD3 billion

Global Law Office recruits four partners and their teams to strengthen its capabilities in dispute resolution and investment

Firms advise on NTT Finance Corporation’s concurrent multi-currency offering of senior notes equating to around USD10.4 billion

Malaysia’s Lee Hishammuddin Allen & Gledhill (LHAG) recruits three lawyers from Zaid Ibrahim & Co, including former managing partner Amin Abdul Majid

AZB & Partners, Cyril Amarchand Mangaldas and Hogan Lovells act for Sterlite Technologies’ qualified institutional placement (QIP), raising around INR15 billion

Kanga & Co advises Om Power Transmission on its successful IPO in India, raising around INR1.5 billion (USD15.73 million)

来自中国内地、香港、日本、阿联酋和美国共十家律所为此次上市提供法律服务

Firms have worked on JSW Infrastructure’s landmark INR75 billion (USD875 million) qualified institutional placement (QIP)

Former Paul Hastings partner Steven Hsu joins Sullivan & Cromwell’s capital markets group in Hong Kong

HHP Law Firm, the Indonesian member firm of Baker McKenzie, names Ponti Partogi as its new managing partner

Cooley and Dua Associates have guided Apple supplier Lingyi iTech on its HKD8.26 billion (USD1.06 billion) initial public offering in Hong Kong

King & Wood, Haiwen & Partners and Clifford Chance act on China Resources New Energy’s record breaking RMB21.3 billion IPO on the SZSE

Allens counsels GuarantCo on a payment default guarantee for a private VND-denominated USD30 million bond issuance by Verdant Energy’s Vietnamese subsidiaries

Juris Corp inducts Ankit Sinha, Apurva Kanvinde, Saurabh Sharma and Smrithi Nair as equity partners

Firms advise on Mitsubishi Corporation’s Rule 144A and Regulation S offering of USD1 billion in senior notes

China Minmetals Corporation’s subsidiary MMG raises USD1.6 billion from a share placement and bond issuance

Hong Kong’s shift to a paperless securities regime in 2026 marks a digital leap for issuers, reshaping shareholding and compliance norms

Firms steer Merdeka Gold Resources’ landmark secondary listing of Hong Kong depositary receipts (HDRs) on the SEHK

Bae Kim & Lee (BKL) is the sole legal adviser working on Sambu Engineering & Construction’s corporate rehabilitation proceedings in South Korea

Firms assist on Krishna Institute of Medical Sciences’ INR15 billion (USD155 million) qualified institutional placement of shares

China Commercial Law Firm has received approval to establish a Singapore office as its 20th overseas branch, further expanding its global legal services network

This practical guide covers tax exposure, distinct exit paths for VIE and direct equity structures, and five regulatory red flags that determine IPO success.

Firms chart Italian stationary giant FILA Fabbrica Italiana Lapis ed Affini’s sale of 7% stake in Indian subsidiary DOMS Industries

Capital markets lower entry threshold but ramp up accountability

Firms chart Danantara Indonesia’s debut USD5 billion global medium-term note programme and inaugural USD1.5 billion bond issuance  

Skadden advises Japanese company GO on its JPY88.6 billion global IPO and Tokyo Stock Exchange debut in the largest Japan listing in 2026

Firms act on JX Advanced Metals Corporation’s issuance of JPY250 billion (USD1.5 billion) of zero-coupon convertible bonds

China Commercial Law Firm recruits Luo Shazhou and Ji Zhe as partners at its Shanghai office, bolstering the capital markets practice

Mallesons and Ashurst advise on Charter Hall Long WALE REIT’s new AUD2 billion (USD1.4 billion) secured debt platform

India draws Japanese investment with pricing rules, FDI, FVCI, convertible notes and minority protections for unlisted equity