China Vanke Places US$1 Billion New H Shares
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
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.