China Vanke Places US$1 Billion New H Shares

April 01, 2019

Hong Kong - Paul Hastings, a leading global law firm, announced today that it represented China Vanke Co., Ltd., (“China Vanke”) in its approximately US$1 billion placing of new H shares. CLSA Limited, China International Capital Corporation Hong Kong Securities Limited, UBS AG Hong Kong Branch and CMB International Capital Limited acted as the placing agents.

China Vanke is a joint stock company established in the PRC with limited liability, the H Shares of which are listed on the Hong Kong Stock Exchange and the A Shares of which are listed on the Shenzhen Stock Exchange. The placed shares account for approximately 20.00% and 2.38%, respectively, of the total existing issued H shares and the total existing issued share capital of China Vanke.

Paul Hastings has a long-standing relationship with China Vanke, including representation of China Vanke on its B-share to H-share listing in 2014. In addition to various capital markets transactions, Paul Hastings has also advised a China Vanke consortium on the acquisition of a US$1.33 billion real estate portfolio from CapitaLand in 2018.

The Paul Hastings team was led by corporate partner Zhaoyu Ren, with support from associates Erika Zhao and Joyce Fung.

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.

Practice Areas

Securities and Capital Markets




Corporate, Litigation, Real Estate, Intellectual Property, Life Sciences, and Employment

Becca Hatton


Katy Foster


Miranda Ward

Submission Requests

Firmwide Inquiries

Elliott Frieder

Get In Touch With Us

Contact Us