Stephenson Harwood advises Fujian Nuoqi on H-share listing on Hong Kong Stock Exchange
Stephenson Harwood has advised Fujian Nuoqi on its H-share listing on the Hong Kong Stock Exchange, which raised close to HKD320m (£25m) at the offer price of HKD2.13 per share.
Men’s fashion casual wear apparel company Fujian Nuoqi’s initial public offering (IPO) dealing commenced on 9 January 2014.
Headquartered in Quanzhou, Fujian Province, Fujian Nuoqi is the second Chinese enterprise to list its H shares on the Hong Kong Stock Exchange under the new overseas listing regime after the China Securities Regulatory Commission relaxed its requirements for the direct listing of Chinese enterprises overseas in January 2013.
The Stephenson Harwood team, based in the law firm’s Greater China offices, was led by partner Hilda Chiu with associates Alan Ho and Jessie Chan.
News from Stephenson Harwood
Briefings from Stephenson Harwood
Companies that have uncovered potential liability for economic crimes now have the opportunity to avoid criminal prosecution by seeking a deferred prosecution agreement in the UK.
Stephenson Harwood hosted a seminar titled ‘Legal risk management: managing for success’ on 25 February 2014. Here is a summary of the panel discussion that took place.
Analysis from The Lawyer
‘Exotic’ investors and opportunities for legal work beyond M&A feature in The Lawyer’s high-level roundtable debate on south-east Europe