Hongjiu Fruit Debuts in Hong Kong IPO
Hong Kong – Paul Hastings, a leading global law firm, announced today that the firm has advised Chongqing Hongjiu Fruit Co. Limited (“Hongjiu Fruit”) on its HK$561 million (approximately US$72 million) global offering and listing on the Main Board of the Hong Kong Stock Exchange.
Hongjiu Fruit is a fast-growing and multi-brand fruit company in China with an end-to-end supply chain. Hongjiu Fruit focuses on managing the entire supply chain for quality fruits primarily grown in China, Thailand and Vietnam.
China International Capital Corporation Hong Kong Securities Limited acted as the sole sponsor, and together with Citigroup Global Markets Asia Limited and UBS AG Hong Kong Branch acted as the joint global coordinators in this transaction.
The Paul Hastings team was led by Raymond Li, global partner and chair of Greater China, and corporate partners Vincent Wang and Chaobo Fan, with support from of counsels Crystal Liu and Eric Wong, associates Aaron Long and David Wen, legal manager Helen Cheung and Flora Huang, China associates Irina He and Yanzi Shen and China advisor Yufei Mo.
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