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With Jinshang Bank IPO, Paul Hastings Continues to Lead the Way in Chinese City Commercial Bank Listings in Hong Kong

July 18, 2019

Hong Kong – Paul Hastings, a leading global law firm, announced today that it has advised Jinshang Bank on its US$422 million global offering and listing of its H shares on the Hong Kong Stock Exchange. Jinshang Bank is the only provincial city commercial bank in Shanxi Province in China. CCB International Capital Limited, China International Capital Corporation Hong Kong Securities Limited and CMB International Capital Limited acted as the joint sponsors for the listing.

Paul Hastings, a market leader in advising on key Chinese city commercial banks’ H-share listings in Hong Kong, has advised on the Hong Kong IPOs of multiple Chinese city commercial banks including Zhongyuan Bank, Bank of Tianjin, Jiangxi Bank, Bank of Gansu and Luzhou City Commercial Bank since 2016.

The Paul Hastings team was led by Raymond Li, global partner and chair of Greater China, Zhaoyu Ren, corporate partner and vice chair of the firm’s Hong Kong office, and corporate partner Vincent Wang, with support from associates Erika Zhao, Eric Wong and Joyce Fung, legal managers Penny Chen, Jing Du and Michelle Ye, and paralegal Nicole Xu.

 

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.