Sidley advised Rizhao Port Jurong Co., Ltd. (HKEX:6117) as the Hong Kong and U.S. counsel on its approximately US$69.65 million global offering and listing of H-Shares on the Main Board of the Stock Exchange of Hong Kong Limited. China Securities (International) Corporate Finance Company Limited is the sole sponsor in this transaction.
Rizhao Port Jurong Co., Ltd. is the largest port for grain and woodchip imports in China and a subsidiary of Rizhao Port Co., Ltd. (600017.SH). The spinoff has been completed in only seven months since its announcement.
The Sidley team was led by partners Mengyu Lu and Kefei Li, with support from associates Angela Zhang and Samantha Peng, and China advisors Annie Wang and Rock Liu. Legal manager, Jenny Han and legal assistants Eason Qu and Meiyi Li, also provided assistance.
Sidley leads the Hong Kong legal advisor league table on deal counts for Q1 2019.*
*RyanBen Capital data (January to March 2019).