Jingtian & Gongcheng law firm news

Beijing-based FenXun Partners has recently hired former Skaddens associate Sue Liu as partner. Liu’s main practice areas includes advising clients on fund formation and structuring, and M&As and public listings of asset management firms.

奋迅律师事务所近日招募了基金律师柳宇华加盟该所成为合伙人。柳宇华在美国世达律师事务所纽约总部执业多年，主要从事基金设立， 资产管理机构的并购与投资，以及基金发起人和管理人上市的工作。

Grandall Legal Group has recently topped the charts as lead advisor for ChiNext listings. Having advised 20 companies in their applications for listing over the past year, the firm has successfully seized 10% of the market share.

根据中国证监会发布的创业板统计数据，共有66家律师事务所参与了创业板市场的发行申请工作。他们主要集中在北京、上海、广东三地，其占有率总计达到87%以上。

Yashili, the third-largest (by sales) Chinese infant-formula maker, has recently launched its US$348m IPO on the Hong Kong Stock Exchange.

雅士利国际控股近日在香港联合交易所主板正式挂牌上市，通过此次首发共筹得3.48亿美元。

Midas, a leading manufacturer of aluminium alloy extrusion products, is the first Singapore-listed company to take advantage of an additional channel for capital-raising in Hong Kong. Earlier this year, changes to the HKSE listing rules saw a relaxation of criteria for companies to secondary list on the HKSE – in particular companies from the mining and petroleum sector – an option that few companies have exercised thus far.

China’s second-largest wind turbine maker Xingjiang Goldwind Science & Technology has raised US$1.05bn in its second listing attempt on the Hong Kong Stock Exchange – after earlier plans to list in June were shelved due to poor market conditions.

新疆金风科技近日在香港联合交易所挂牌上市。新疆金风由新疆天阳律师事务所担任法律顾问而承销商则由富而德和竞天公诚律师事务所提供法律咨询。

Capital markets lawyers are reaping the benefits of a new work stream that has developed in the year since ChiNext’s inception. And despite its Shenzhen base, lawyers say ChiNext listings have not been exclusively retained by local Shenzhen firms.

自从创业板设立以来，众多资本市场律师的业务迎来了全新发展的空间。律师表示，尽管创业版设在深圳，多数项目都由北京和上海律所担任发行人法律。

Hong Kong-listed operator and developer of underground shopping centres in China, Renhe Commercial Holdings, has retained Kaiwen, Conyers Dill & Pearman, Norton Rose, Davis Polk and Latham & Watkins for the third time since its IPO, for its US$300m senior notes offering on the Singapore Securities Exchange (SGX- ST).

人和商业控股近日在新加坡证券交易所发行了于2016年到期的3亿美元优先票据。人和商业由竞天公诚，达维，离岸律所康德明和诺顿•罗氏提供法律咨询，而承销商则由凯文和瑞生国际律师事务所担任法律顾问。

Sidley Austin, Orrick, Jingtian & Gongcheng, Carey Olsen, Memery Crystal and Zong Heng Law Firm have all won mandates in the first-ever delisting of a Chinese company from London’s AIM (alternative investment market) – and the subsequent listing in Hong Kong with a 144A placement to US investors.

中国西部水泥近日成功在港交所挂牌上市，通过发行IPO集资额12.8亿港元。此次上市亦标着着该公司正式从伦敦AIM退市。

King & Wood topped the Bloomberg charts for top China domestic IPO issuer advisors (by total deal value) for the first half of 2010. Hot on its heels were Beijing Tianyin, Grandall, Jia Yuan and Zhong Lun.

根据彭博资讯统计，金杜和国浩近期分别荣登国内IPO发行人法律顾问排行榜榜首（按融资总额和项目总数计算）。金杜于2010年上半年内作为发行人律师参与共17项IPO融资总额达250亿人民币，而国浩则参与了共22项IPO的发行。

Despite the predominant trend seen recently of international lawyers moving into PRC firms, some lawyers are still seeing good reasons to go international.

Beijing Kejie Law Firm has recently represented Sino-Ocean Land Capital Finance Limited, subsidiary of Sino-Ocean Land Holdings, in its US$900m issuance of perpetual subordinated convertible securities.

远洋地产近通过向国际投资者发行9亿美可转换债券，债券在五年后赎回。