Chinese property developer's IPO in Hong Kong

June 25, 2008 | BY

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Real estate developer in Henan tries out Hong Kong market

Central China Real Estate has listed its HK$1.38 billion IPO in Hong Kong and Rule 144A/Regulation S global offering, consisting of an aggregate of 500 million offer shares priced at HK$2.75.

Incorporated in the Cayman Islands, Central China Real Estate is a residential property development company in Henan Province in the PRC. The company is also minority-owned by Singapore's CapitaLand.

Lovells advised Central China Real Estate on US Law, while Li and Partners advised on Hong Kong Law. Hylands advised on PRC law, while Commerce and Finance advised the underwriter on PRC Law. Herbert Smith advised on both the Hong Kong and US law aspects of the IPO. The team was led by partners Andrew Tortoishell, John Moore and Matt Emsley. They were assisted by associates Jonathan Barkey, Jennifer Shen, Vivianne Tsao and Anthony Wan.

See also:
China Law & Practice - Property

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