JS Global Debuts in US$381 Million Hong Kong IPO

December 18, 2019

Hong Kong – Paul Hastings, a leading global law firm, announced today that it has advised Credit Suisse (Hong Kong) Limited, Morgan Stanley Asia Limited, and ICBC International Capital Limited as joint sponsors in the US$381 million global offering and IPO on the Main Board of The Hong Kong Stock Exchange Limited (“HKEX”) of JS Global Lifestyle Company Limited (“JS Global”).

A global leader in high-quality, innovative small household appliances backed by Chinese private equity firm CDH Investments, JS Global operates a number of successful and trusted brands worldwide, including Joyoung, Shark and Ninja.

Paul Hastings has represented leading Chinese companies alongside CDH Investments on a number of significant cross-border M&A transactions, including the

US$7.1 billion acquisition of Smithfield Foods, Inc.

by CDH Investments and WH Group in 2013 and the subsequent listing on the HKEX in 2014; the acquisition of SharkNinja (a leading U.S. small household appliances brand) for over US$1 billion by CDH Investments and Joyoung Co., Ltd. in 2017 and the subsequent listing on the HKEX of this time; and the

US$1.4 billion acquisition of Sirtex

by CDH Investments and China Grand Pharmaceutical and Healthcare Holdings Limited (HKEX: 00512) in 2018.

Through an integrated network of global offices, Paul Hastings draws together tailored, professional teams with in-depth industry experience and knowledge to provide our clients with a one-stop advisory service during all stages of transactions. We help our clients to navigate through cultural, business and political challenges, providing practical solutions so that our clients can succeed in the global market.

The Paul Hastings team was led by

Raymond Li

, global partner and chair of Greater China, corporate partners

Neil Torpey

Vincent Wang

and

Chaobo Fan

, with support from associates

Erika Zhao

and

Eric Wong

, legal managers

Phoebe Chow

, Penny Chen, Jing Du, and Nicole Xu, trainee solicitor

Samson Tong

, and paralegals Zhangmeng Lin, Ting Lo, Jingwei Huang, and Madlyn Li.

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.