SHANGHAI, Aug. 20, 2018 – As part of a series of events to celebrate the 25th anniversary of DeHeng Law Offices and the 20th anniversary of DeHeng Shanghai Law Office, Beijing-based DeHeng Law Offices held a summit focusing on the issues faced by firms based in eastern Chinaas they seek to obtain a listing in Hong Kong. The event took place at the Grand Kempinski Hotel Shanghai on August 17, 2018. Approximately 300 attendees took part in discussions on the topics of most concern when going public in Hong Kong.
Yuwei Wang, senior partner at DeHeng Shanghai Law Office, hosted the forum, while Jianjun Xu,managing partner of DeHeng Law Offices and head of Securities Practice Group, delivered the welcome speech. Hong Kong Exchanges and Clearing Limited (HKEX) representative gave a presentation on the latest progress concerning the Stock Connect as well as reforms in listing rules launched by HKEX in first half of 2018.
Fisher Zhou, head of Healthcare of CLSA Limited, and Mengyu Lu, partner at Sidley Austin LLP, also elaborated on policies, processes and key issues in relation to listing in Hong Kong. Jie Zheng, partner at DeHeng Shenzhen Law Office, shared a case highlighting the HK listing of Chinese property developer Country Garden’s property services unit.
Xingxi Yu, ex-secretary to board of directors at China Railway Construction, Frank YC Lin, partner at PwC, Jing Yun, managing director at Yunfeng Financial, and Yuwei Wang, the DeHeng Shanghai Law Office senior partner, conducted in-depth discussions and exchanges on compliance issues faced by A-share- and H-share-listed companies as well as pre-listing financing and other issues in relation to spin-offs and HK listings.
Hongshan Shen, managing partner of DeHeng Shanghai Law Office, delivered a speech on behalf of DeHeng Law Offices’ ten branches in eastern China in which the ten branches issued a message of appreciation and thanks, adding that a HK listing means both significant opportunities and challenges for firms seeking to establish a footprint in Hong Kong and even worldwide. Following DeHeng Law Offices’ forum held in Shenzhen a month earlier, in July, the summit was a joint effort by DeHeng Law Offices’ ten branches in eastern China and the area’s leading securities firms and accounting firms, with the common aim of helping to increase awareness among mainland Chinese firms of the transformative development that takes place as a result of a HK listing and how such a HK listing opens the door to more investment and financing opportunities in an interconnected capital market environment involving both Hong Kong and the mainland.
DeHeng Law Offices, one among the first group of large full-service law firms allowed to operate in China, has 33 offices and more than 2,800 professional employees and established partnerships with over 100 institutions worldwide. It is also one of the first group of law firms approved to engage in practice involving securities laws as well as to represent both domestic equity and foreign firms in China. Over its 25-year history, the firm has provided a series of far-reaching non-litigation services and is notable for several industry firsts in law services. In addition to many years of experience and a well-established reputation in handling cases related to securities laws, the firm has been widely recognized for a proven track record in helping mainland China firms go public in Hong Kong as well as on stock exchanges around the world, among them, exchanges in the US, Singapore and Australia.