Sidley advised Sinic Holdings (Group) Company Limited (HKEX: 2103) as the Hong Kong legal adviser in its global offering on the Main Board of the Stock Exchange of Hong Kong Limited. This offering raised proceeds of approximately HK$2.1 billion (approximately US$270 million).
Sinic Holdings (Group) Company Limited is a large-scale comprehensive property developer in the P.R.C., focusing on the development of residential and commercial properties. In 2019, Sinic Holdings (Group) Company Limited ranked 31st among the top 100 property developers in the P.R.C. in terms of comprehensive property development ability and 39th among the top 500 property developers, according to the China Real Estate Index System and China Real Estate Association, respectively.
The Sidley team was led by partners Sherlyn Lau and Renee Xiong, with support from counsel Claudia Yu, senior China advisor Linda Ruan, senior associate Julia Zhu, associates Madison Meng and Deborah Pang, as well as China advisor Jericho Jiang.
Sidley leads the HKIPO Hong Kong legal adviser league table on deal counts for Q1-Q3 2019.*
*RyanbenCapital 2019 HKIPO Hong Kong legal adviser league table