Fuyao Glass $953 million HKSE IPO

31/3/2015
IPO

$ 953 million

Completed

31/3/2015


Overview:

  • Fuyao Glass Industry Group Co has undertaken a $953 million IPO on the Hong Kong Stock Exchange (HKSE).
  • The company sold 439.7 million shares valued at HK$16.80 per share.
  • The company is already listed in Shanghai and the Hong Kong listing was the largest on the exchange in 2015 at the time of launch.
  • Fuyao Glass is an automotive glass manufacturer.
  • Latham & Watkins and Fujian Zenith Law Firm acted for the issuer.
  • Sullivan & Cromwell and Commerce & Finance Law Offices advised the sponsors.

Adam Majeed - Asia Editor

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