Paul Hastings LLP advised Morgan Stanley Asia Limited and China International Capital Corporation Hong Kong Securities Limited as the joint sponsors in connection with the HK$238.9 million global offering of Beisen Holding Limited (Beisen) and its listing on the Main Board of the Hong Kong Stock Exchange (stock code: 9669.HK).

Morgan Stanley Asia Limited and China International Capital Corporation Hong Kong Securities Limited acted as the overall coordinators, joint sponsors, joint global coordinators, and joint lead managers; and Morgan Stanley Asia Limited, China International Capital Corporation Hong Kong Securities Limited, Futu Securities International (Hong Kong) Limited, and Tiger Brokers (HK) Global Limited acted as the joint bookrunners.

Beisen is the largest provider of cloud-based human capital management (HCM) solutions in China in terms of revenues in 2021.

Raymond Li, founding partner and chair of Greater China, and Corporate partners Chaobo Fan and Steven Hsu led the Paul Hastings team, which also included of counsel Eric Wong, associates Jessica Lam, Sharlotte Ng, and Irina He, legal manager Christine Zhou, trainee solicitor Carla Lai, China advisor Ma Zhenfang, and China associate Bonnie Liu.

About Paul Hastings

With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment and real estate, Paul Hastings is a premier law firm providing superior intellectual capital and execution globally to the world’s leading investment banks, asset managers and corporations.