NEWS

Paul Hastings Advises CICC, Citi and Other Underwriters in BenQ’s Hong Kong IPO and Global Offering

December 22, 2025

Paul Hastings (Hong Kong) LLP advised China International Capital Corporation Hong Kong Securities Limited (CICC) and Citigroup Global Markets Asia Limited — the joint sponsors, overall coordinators, joint global coordinators, joint bookrunners and joint lead managers — and other underwriters on the HK$626 million (approximately US$80 million) global offering and listing of BenQ BM Holding Cayman Corp. (BenQ) on the Main Board of the Hong Kong Stock Exchange (2581.HKEX).

BenQ is a private for-profit general hospital group in mainland China.

Founding partner and chair of Greater China Raymond Li, corporate partner Steven Hsu and of counsel Chongming Ma led the Paul Hastings team, which also included associate Meiyi Li and Bonnie Liu, senior China associate Jingyi Cao, legal manager Zihan Shi and paralegal Sandy Liu.

In 2025, Paul Hastings advised on 13 significant IPOs — Fibocom (wireless communication module provider), Fortier Technology (integrated circuit design company), Haitian (condiments company), Haiwei Electronic (capacitor film manufacturer), Joyson Electronics (intelligent automotive technology solution provider), Lens Technology (integrated one-stop precision manufacturing solution provider), MetaLight (real-time bus information platform service provider), Novosense (analog and mixed signal chip company), Pegbio (biotechnology company), Unisound (AI solution provider), Zhida Technology (EV home charging solution provider), Zhou Liu Fu (jewelry company) and the current BenQ’s IPO.

About Paul Hastings
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