Paul Hastings Advises Zhou Liu Fu on Its Hong Kong IPO and Global Offering

June 26, 2025

Paul Hastings LLP advised Zhou Liu Fu Jewellery Co., Ltd. on its HK$1.29 billion (approximately US$166 million) global offering and listing on the Main Board of the Hong Kong Stock Exchange.

Zhou Liu Fu is a jewelry company in China that primarily offers gold and diamond-set jewelry products through offline stores and online sales channels.

China International Capital Corporation Hong Kong Securities Limited and China Securities (International) Corporate Finance Company Limited acted as the joint sponsors.

Founding partner and chair of Greater China Raymond Li and corporate partners Chaobo Fan, Steven Hsu and Crystal Liu led the Paul Hastings team, which also included associates Jessica Lam, Wei You and Helen Cheung, legal managers Alisa Zhang, Sien Song, Zhen Zhong and Karen Sun and China associate Jessie Xin.

Paul Hastings has advised various significant IPOs in the consumer and retail industries in Hong Kong recently, including Haitian (condiments company), China Resources Beverage (packaged drinking water and soft beverage company), Mao Geping Cosmetics (beauty group), Carote (kitchenware products company), Shiyue Daotian (pantry staple food company), Pagoda (fruit retail operator) and Weilong (spicy snack food maker).

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