REPRESENTATIVE EXPERIENCE
Iris Leung
IPO/GDR Transactions
USD$2.1 billion H share IPO of China Duty Free Group, with A-shares listed on the Shanghai Stock Exchange (the largest Hong Kong IPO in 2022 with significant cornerstone investments)
Advisor to bulge bracket investment banks and other issuers on their Hong Kong SPAC listings
Advisor to a number of Chinese issuers and investment banks on various proposed multi-billion USD overseas listings (including first-of-its-kind listings in overseas jurisdictions in Switzerland and Germany)
Advisor to China International Capital Corporation (UK) Limited and China International Capital Corporation Hong Kong Securities Limited as underwriters on Keda’s US$173m Swiss GDR listing via the China-Switzerland Stock Connect
Advisor to Ningbo Shanshan as the issuer on its US$319m Swiss GDR listing via the China-Switzerland Stock Connect
Advisor to the underwriters on the proposed multi-billion USD IPO of a leading TMT smart device and technology solutions provider in China
Advisor to the underwriters on the proposed multi-million USD IPO of a leading new economy TMT consumer company in China
Advisor to the underwriters on the proposed multi-billion USD IPO of a leading technology driven commercial property management and digital company (with significant capital raising involved pre-IPO investments of a number of leading private equity funds and corporates)
Advisor to a leading EV manufacturer on its proposed multi-billion IPO on HKEx
Advisor to China Securities on the HK$977million IPO of Deewin Tianxin on HKEx
Advisor to two financial institutions on the spin-off of SCE Intelligent Commercial Management Holdings Limited (SCE Intelligent) from China SCE Group Holdings (1966.HK) and its subsequent listing on HKEx
Advisor to UBS, CICC and China Renaissance on the IPO of a leading TMT AI technology company
US$1.3 billion IPO of Blue Moon Group on the HKEx, a leading consumer-centric household care company in China
US$1.8 billion global depository receipts (GDR) listing of China Yangtze Power on London Stock Exchange (via Shanghai-London Stock Connect) (the largest GDR deal in five years)
Advisor to JP Morgan, Huatai Securities, Morgan Stanley, HSBC and Credit Suisse on the US$1.54 billion global depository receipts (GDR) listing of Huatai Securities on London Stock Exchange (first Chinese issuer to list via Shanghai-London Stock Connect on LSE) (largest GDR deal in 2019)
Advisor to JP Morgan, CMS and CCBI on the US$860 million IPO of China Feihe Limited on HKEx, a leading dairy consumer product company in China (top 10 Hong Kong IPO in 2019)
Advisor to Goldman Sachs, Citi and CMS on the proposed multi-billion IPO of Zhaogang.com, the largest TMT platform for steel trades in China (with weighted voting right structure)
Advisor to Citi and HSBC on the proposed multi-million USD IPO of one of the largest TMT consumer finance companies with businesses spanning across nine countries
Advisor to the underwriter on the proposed multi-million USD IPO of Duoyi, one of largest TMT gaming creators and operators in the PRC
Advisor to CSCI, CCBI, and ICBCI on the H share HK$5.2 billion IPO of Shandong Gold Mining Co. Ltd, with A-shares listed on the Shanghai Stock Exchange (top 10 Hong Kong IPO in 2018)
Advisor to Goldman Sachs and Citi on the US$1.0 billion H share IPO of China Orient Securities, with A-shares listed on the Shanghai Stock Exchange (top 10 Hong Kong IPO in 2016 and listing of Citi’s joint venture)
Advisor to Goldman Sachs and BOCI on the US$1.0 billion IPO of BOC Aviation (top 10 Hong Kong IPO in 2016)
Proposed multi-billion USD Hong Kong IPO of a leading operator of an e-commerce platform in China
Restructuring and merger of Cheung Kong (Holdings) Ltd. and Hutchison Whampoa Ltd.; listing of the combined property businesses from their parent companies; and exchange offer with Husky Energy (the largest corporate restructuring and merger in Asia in 2015 and spin-off IPO)
US$3.1 billion of business trust IPO of Hong Kong Electric Investments (“Equity Market Deal of the Year” for 2014 by Asian Legal Business; top 10 Hong Kong IPO in 2014)
US$3.4 billion IPO of China Everbright Bank Company Limited, with A-shares listed on the Shanghai Stock Exchange (the largest Hong Kong IPO in 2013)
US$2.0 billion IPO of Chow Tai Fook Jewellery Group Ltd., the largest jewellery retailer in China (Top 10 Hong Kong IPO in 2011)
US$1.2 billion IPO of Sun Art Retail Group Ltd., a joint venture between a French conglomerate and a Taiwanese listed company (“Best Equity Deal” and “Best IPO” for 2011 by Finance Asia)
US$1.5 billion IPO of MGM China Holdings Ltd., an integrated casino resort co-owned by MGM Resorts International (a NYSE-listed parent company) (Top 10 Hong Kong IPO in 2011)
US$3.1 billion IPO of China Pacific Insurance (Group) Co., Limited, with A-shares listed on the Shanghai Stock Exchange (the largest PRC insurance IPO in 2009)
Mergers and Acquisitions
China Tobacco (top 10 Chinese state-owned enterprise) on its acquisition of a majority stake in its Brazil JV and its related connected transactions
US$1.4 billion acquisition of 29.98 percent stake in Sino-Ocean Group Holdings Limited and the related Hong Kong SFC submission
Proposed acquisition by a prominent Chinese corporate of a majority stake of a listed company in Southeast Asia
Proposed acquisition by a HKEx listed company of a minority stake of a leading healthcare group listed on the HKEx
An international venture capital fund on its proposed acquisitions of an overseas TMT company and an oversea consumer company
Proposed disposition of a controlling stake in the largest non-bank financial institution in Hong Kong valued in excess of US$1 billion
Proposed restructuring of a PRC state-owned enterprise valued in excess of US$1 billion
Alibaba on its US$5.9 billion capital raising to purchase its shares back from Yahoo (“Hong Kong Deal of the Year” for 2014 by Asian Legal Business)
Acquisition and Reverse Takeover of HK Parkview Group and Placing of Shares by COFCO Land Holdings (“Real Estate Deal of the Year” for 2014 by Asian Legal Business)
China Pacific Insurance (Group) Co., Limited. on its US$1.3 billion capital raising through a consortium of sovereign wealth funds
China Unicom (Hong Kong) Limited on its US$1.95 billion acquisition of 100 percent equity interest in Unicom New Horizon Telecommunications Company Limited
Warburg Pincus on its US$800 million investment in Transpacific Industrial Group, the largest provider of waste management solutions in Australia and New Zealand (finalist for “Private Equity Deal of the Year” for 2009 by IFLR)
Strategic cornerstone investments in (i) HKD56.63 billion IPO of Postal Savings Bank of China Co. Ltd (1658:HK); HKD13.67 billion IPO of China Resources Pharmaceutical Group Ltd (3320:HK); and HKD2 billion IPO of Datang Environment Industry Group Co. Ltd (1272:HK)
U.S. IPOs and Other Transactions
Advisor to a leading TMT consumer company on its proposed multi-million USD U.S. IPO
Advisor to underwriters on the proposed U.S. IPO of a leading SAAS solutions provider in China
Advisor to a leading TMT financing platform in the PRC on its proposed U.S. IPO
Advisor to Citi on the follow-on SEC registered offering of HollySys, leading automation and IT solutions provider in China
Delisting and de-registration of a Nasdaq-listed company and its proposed cash merger
