(June 26, 2015) - Paul Hastings, a leading global law firm, announced today that the firm represented China International Capital Corporation Hong Kong Securities Limited, Goldman Sachs (Asia) L.L.C., Morgan Stanley Asia Limited, Citigroup Global Markets Asia Limited, China Merchants Securities (HK) Co., Limited and the other underwriters in Red Star Macalline Group Corporation Ltd.’s (“Red Star Macalline”) US$925 million global offering and listing of its H shares on the Main Board of the Hong Kong Stock Exchange.
Red Star Macalline is the largest home improvement and furnishings shopping mall operator in China in terms of operating area, number of shopping malls and geographic coverage, and it enjoys a leading market position in the home improvement and furnishings retail market in China. As of December 31, 2014, the “Red Star Macalline” brand had a network of 158 shopping malls covering a total operating area of approximately 10,752,853 square meters in China, offering over 18,000 product brands across 115 cities in 26 provinces.
The Paul Hastings team was led by Raymond Li
, partner and Chair of Greater China, and Capital Markets partners Sammy Li
, Edwin Kwok
and Steven Winegar
, with support from associates Lillian Cheung
, Yingying Chen
, Samson Suen
, and Lucy Lam
Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.