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Freshfields advises on Jinshang Bank IPO in Hong Kong

Freshfields Bruckhaus Deringer (‘Freshfields’) has advised on the IPO and listing of Jinshang Bank Co., Ltd. (‘Jinshang Bank’) on the Hong Kong Stock Exchange.  Freshfields advised the underwriting syndicate led by the Joint Sponsors (CCB International Capital Limited, China International Capital Corporation Hong Kong Securities Limited and CMB International Capital Limited). The listing raised approximately US$420m (before the exercise of the over-allotment option). Trading in the H shares commenced on 18 July 2019.

Based in Taiyuan, Jinshang Bank is the largest city commercial bank in northern China's Shanxi province.

The Freshfields team advising on the transaction was led by partners Calvin Lai and Jason Xu.

ENDS

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About Freshfields Bruckhaus Deringer

Freshfields Bruckhaus Deringer LLP is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on ground-breaking and business-critical mandates. Our 2,800 plus lawyers deliver results worldwide through our own offices and alongside leading local firms.  Our commitment, local and multi-national expertise and business know-how means our clients rely on us when it matters most.

The Freshfields team was led by: