Appleby advises Xinchen China Power Holdings on stock exchange listing
Appleby has acted as Cayman counsel for Xinchen China Power Holdings in relation to its listing on the Main Board of the Hong Kong Stock Exchange, with proceeds of approximately HKD878m (£76m).
Proceeds from the offering will be used primarily to fund the expansion of production capacity, product development activities and the construction of a research and development centre in Chengdu, Sichuan province.
The Appleby team was led by Judy Lee, a corporate partner in the law firm’s Hong Kong office, assisted by associate Paul Cheuk.
Shearman & Sterling advised Xinchen on Hong Kong and US law, while Jingtian & Gongcheng advised Xinchen on People’s Republic of China (PRC) law.
News from Appleby
News from The Lawyer
Briefings from Appleby
Board members of charitable and philanthropic organisations must ensure proper procedures and policies are in place to manage resources effectively.
Expert Guides editor Chris Allen spoke to Appleby partner Brad Adderley about the role Bermuda has played and is likely to play in the global insurance industry.